TransUnion (NYSE:TRU) Director Andrew Prozes Sells 50,889 Shares

TransUnion (NYSE:TRU) Director Andrew Prozes sold 50,889 shares of TransUnion stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $80.59, for a total value of $4,101,144.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of TransUnion stock traded up $0.68 during trading on Tuesday, reaching $80.17. 1,652,200 shares of the company were exchanged, compared to its average volume of 1,373,888. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.82. TransUnion has a twelve month low of $52.15 and a twelve month high of $84.71. The business’s 50-day simple moving average is $76.24. The stock has a market cap of $15.36 billion, a price-to-earnings ratio of 34.71, a price-to-earnings-growth ratio of 3.32 and a beta of 1.00.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.08. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. The business had revenue of $661.90 million during the quarter, compared to analysts’ expectations of $644.73 million. During the same period in the previous year, the firm earned $0.62 earnings per share. The firm’s quarterly revenue was up 17.5% compared to the same quarter last year. On average, analysts expect that TransUnion will post 2.47 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of TRU. BlackRock Inc. grew its stake in TransUnion by 30.9% in the first quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock valued at $890,520,000 after acquiring an additional 3,143,801 shares during the period. Marshall Wace LLP bought a new stake in TransUnion during the first quarter worth about $87,405,000. Bodenholm Capital AB bought a new stake in TransUnion during the first quarter worth about $43,073,000. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in TransUnion by 43.7% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,703,521 shares of the business services provider’s stock worth $113,863,000 after acquiring an additional 517,667 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in TransUnion by 147.7% during the second quarter. CIBC Private Wealth Group LLC now owns 623,029 shares of the business services provider’s stock worth $45,800,000 after acquiring an additional 371,522 shares in the last quarter.

TRU has been the subject of several research analyst reports. SunTrust Banks reiterated a “positive” rating and issued a $90.00 price objective on shares of TransUnion in a research report on Wednesday, July 24th. They noted that the move was a valuation call. JPMorgan Chase & Co. lifted their target price on TransUnion from $78.00 to $92.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Atlantic Securities cut TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Morgan Stanley lifted their target price on TransUnion from $82.00 to $83.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Finally, Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a research note on Monday, July 29th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $79.42.

TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

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Insider Buying and Selling by Quarter for TransUnion (NYSE:TRU)

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