TransUnion (NYSE:TRU) issued its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.03, Bloomberg Earnings reports. The company 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 firm’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. TransUnion updated its Q3 guidance to 0.45-0.46 EPS.
TransUnion (NYSE TRU) traded up 0.15% during midday trading on Friday, reaching $45.74. The company’s stock had a trading volume of 1,361,437 shares. The firm has a 50 day moving average price of $44.87 and a 200-day moving average price of $40.34. TransUnion has a 52 week low of $28.92 and a 52 week high of $46.53. The firm has a market cap of $8.32 billion, a P/E ratio of 39.36 and a beta of 0.61.
Several equities research analysts have recently issued reports on TRU shares. TheStreet raised TransUnion from a “c” rating to a “b-” rating in a research report on Monday, June 26th. Cowen and Company reaffirmed a “buy” rating and issued a $48.00 price target on shares of TransUnion in a research report on Friday, July 28th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Thursday, July 27th. Deutsche Bank AG reissued a “buy” rating and set a $47.00 target price (up from $45.00) on shares of TransUnion in a research report on Saturday, April 29th. Finally, Barclays PLC reissued a “buy” rating and set a $45.00 target price on shares of TransUnion in a research report on Thursday, April 27th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $46.75.
In other TransUnion news, CAO Timothy Elberfeld sold 902 shares of the stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $45.43, for a total transaction of $40,977.86. Following the transaction, the chief accounting officer now owns 15,423 shares in the company, valued at approximately $700,666.89. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John W. Blenke sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $41.82, for a total transaction of $418,200.00. Following the sale, the executive vice president now owns 114,717 shares in the company, valued at approximately $4,797,464.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,047,490 shares of company stock worth $640,516,999. Company insiders own 2.10% of the company’s stock.
Several hedge funds have recently bought and sold shares of the company. Nikko Asset Management Americas Inc. raised its stake in TransUnion by 71.4% in the first quarter. Nikko Asset Management Americas Inc. now owns 12,000 shares of the business services provider’s stock valued at $460,000 after buying an additional 5,000 shares in the last quarter. Nationwide Fund Advisors raised its stake in TransUnion by 2.8% in the first quarter. Nationwide Fund Advisors now owns 216,338 shares of the business services provider’s stock valued at $8,297,000 after buying an additional 5,796 shares in the last quarter. Columbus Circle Investors raised its stake in TransUnion by 50.4% in the first quarter. Columbus Circle Investors now owns 670,976 shares of the business services provider’s stock valued at $25,732,000 after buying an additional 224,769 shares in the last quarter. Quantitative Systematic Strategies LLC purchased a new stake in TransUnion during the first quarter valued at about $292,000. Finally, Parametrica Management Ltd raised its stake in TransUnion by 27.2% in the first quarter. Parametrica Management Ltd now owns 8,241 shares of the business services provider’s stock valued at $316,000 after buying an additional 1,763 shares in the last quarter.
TransUnion Company Profile
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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