TransUnion (NYSE:TRU)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG in a report issued on Friday, September 8th.
Several other brokerages also recently commented on TRU. Zacks Investment Research downgraded TransUnion from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Morgan Stanley reiterated an “overweight” rating and set a $47.00 target price (up from $45.00) on shares of TransUnion in a report on Tuesday, July 18th. Cowen and Company reiterated a “buy” rating and set a $48.00 target price on shares of TransUnion in a report on Friday, July 28th. Barclays PLC reiterated an “overweight” rating and set a $48.00 target price (up from $45.00) on shares of TransUnion in a report on Friday, June 16th. Finally, BidaskClub upgraded TransUnion from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. TransUnion has an average rating of “Buy” and a consensus target price of $48.11.
TransUnion (NYSE:TRU) traded down 3.41% during mid-day trading on Friday, hitting $41.61. 5,546,913 shares of the company were exchanged. The firm has a 50 day moving average price of $44.79 and a 200 day moving average price of $41.65. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 35.81 and a beta of 0.60. TransUnion has a 12 month low of $28.92 and a 12 month high of $48.65.
TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.47 EPS for the quarter, beating the consensus estimate of $0.44 by $0.03. The business had revenue of $474.80 million for the quarter, compared to the consensus estimate of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The company’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the business posted $0.37 EPS. Analysts anticipate that TransUnion will post $1.83 EPS for the current fiscal year.
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In other news, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $45.60, for a total value of $626,278,471.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Timothy Elberfeld sold 902 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $45.43, for a total value of $40,977.86. Following the completion of the sale, the chief accounting officer now owns 15,423 shares of the company’s stock, valued at $700,666.89. The disclosure for this sale can be found here. Insiders have sold a total of 14,086,719 shares of company stock worth $642,437,522 over the last 90 days. 2.10% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently modified their holdings of TRU. BlackRock Inc. increased its holdings in shares of TransUnion by 6,627.6% in the 1st quarter. BlackRock Inc. now owns 3,246,883 shares of the business services provider’s stock valued at $124,517,000 after acquiring an additional 3,198,621 shares during the last quarter. Neuberger Berman Group LLC bought a new stake in shares of TransUnion in the 1st quarter valued at approximately $100,801,000. Atlanta Capital Management Co. L L C increased its holdings in shares of TransUnion by 43.6% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock valued at $362,043,000 after acquiring an additional 2,536,898 shares during the last quarter. William Blair Investment Management LLC bought a new stake in shares of TransUnion in the 1st quarter valued at approximately $89,054,000. Finally, Egerton Capital UK LLP bought a new stake in shares of TransUnion in the 2nd quarter valued at approximately $92,235,000.
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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