TransUnion (TRU) Sets New 1-Year High at $34.75
Shares of TransUnion (NYSE:TRU) reached a new 52-week high during trading on Thursday . The company traded as high as $34.75 and last traded at $34.66, with a volume of 271,701 shares trading hands. The stock had previously closed at $34.07.
TRU has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of TransUnion from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 19th. Barclays PLC increased their price objective on shares of TransUnion from $25.00 to $26.00 and gave the company an “equal weight” rating in a report on Friday, March 18th. Stifel Nicolaus increased their price objective on shares of TransUnion from $33.00 to $36.50 and gave the company a “buy” rating in a report on Wednesday, June 8th. Cowen and Company initiated coverage on shares of TransUnion in a report on Wednesday, March 30th. They issued an “outperform” rating and a $30.00 price objective for the company. Finally, Robert W. Baird initiated coverage on shares of TransUnion in a report on Wednesday, May 25th. They issued an “outperform” rating and a $36.00 price objective for the company. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $30.71.
The company has a market capitalization of $6.38 billion and a PE ratio of 242.71. The firm has a 50-day moving average price of $32.83 and a 200-day moving average price of $28.29.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.06. The company had revenue of $406 million for the quarter, compared to analysts’ expectations of $378.99 million. TransUnion’s quarterly revenue was up 15.0% compared to the same quarter last year. Equities analysts expect that TransUnion will post $1.34 earnings per share for the current fiscal year.
In other TransUnion news, CEO James M. Peck sold 91,889 shares of TransUnion stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $31.36, for a total transaction of $2,881,639.04. Following the completion of the transaction, the chief executive officer now owns 772,323 shares in the company, valued at $24,220,049.28. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder International Corp/Ma Advent sold 18,000,000 shares of TransUnion stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $31.25, for a total transaction of $562,500,000.00. The disclosure for this sale can be found here.
Other institutional investors have made changes to their positions in the company. Nationwide Fund Advisors boosted its position in shares of TransUnion by 57.2% in the fourth quarter. Nationwide Fund Advisors now owns 47,903 shares of the company’s stock worth $1,321,000 after buying an additional 17,433 shares during the last quarter. Swiss National Bank acquired a new position in shares of TransUnion during the fourth quarter worth about $1,356,000. TD Asset Management Inc. boosted its position in shares of TransUnion by 12.1% in the fourth quarter. TD Asset Management Inc. now owns 53,000 shares of the company’s stock worth $1,461,000 after buying an additional 5,700 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of TransUnion by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 60,703 shares of the company’s stock worth $1,674,000 after buying an additional 975 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new position in shares of TransUnion during the fourth quarter worth about $1,991,000.
TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.