Economy

Spot Check on Stock With Abnormal Activity TransUnion (NYSE:TRU)

Analysts reported that the Price Target for TransUnion might touch $54 high while the Average Price Target and Low price Target is $50.31 and $46 respectively.

Other equities analysts have also recently issued reports about the stock.

Zacks Investment Research downgraded shares of TransUnion (NYSE:TRU) from a buy rating to a hold rating in a report issued on Saturday morning. Cowen and Company reissued a "buy" rating and set a $48.00 price target on shares of TransUnion in a report on Thursday, September 7th. Barclays restated an "overweight" recommendation and fixed a $48.00 price target (up from $45.00) on stocks of TransUnion in a study note published on Fri, Jun 16th. Finally, Morgan Stanley restated an "overweight" rating and issued a $50.00 target price (up from $47.00) on shares of TransUnion in a research note on Wednesday, July 26th.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

TransUnion (NYSE TRU) declined 4.84% throughout intraday market trading on early Wednesday, topping $45.41. The stock saw a rise in short interest between July 31, 2017 and August 15, 2017 of 1.56%. TransUnion has a 12 month low of $28.92 and a 12 month high of $48.65. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of 41.07 and a beta of 0.60. The stock's 50 day moving average price is $47.86 and its 200 day moving average price is $38.84.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, July 25th. As of the last earnings report the EPS was $1.16 and is expected to be $1.83 for the current year with 181,899,000 shares now outstanding. The firm had revenue of $474.80 million for the quarter, compared to analysts' expectations of $464.77 million.

In case of Revenue Estimates, 12 analysts have provided their consensus Average Revenue Estimates for TransUnion as 475.06 Million. The firm's revenue was up 11.5% compared to the same quarter past year. 6,942,023 shares of the company were exchanged. During the same period previous year, the firm posted $0.37 EPS. SunTrust Banks, Inc. initiated coverage on TransUnion in a report on Tuesday, September 5th. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. & global copyright and trademark laws. The correct version of this news story can be read at https://www.truebluetribune.com/2017/09/13/state-board-of-administration-of-florida-retirement-system-has-5-16-million-holdings-in-transunion-tru.html. Also, insider James M. Peck sold 39,229 shares of the stock in a transaction that occurred on Friday, September 1st.

Going out even further, the 200-Day Simple Moving Average is recorded 11.80% away from the current share price. Following the completion of the transaction, the insider now owns 202,343 shares of the company's stock, valued at $9,678,065.69. The sale was disclosed in a legal filing with the SEC, which is available at this link.

In related news, Director Christopher Egan sold 201,753 shares of TransUnion stock in a transaction dated Friday, August 4th. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,086,719 shares of company stock worth $642,437,522.

Several large investors have recently modified their holdings of the stock. Teacher Retirement System of Texas lifted its holdings in shares of TransUnion by 18.1% during the 2nd quarter. Alliancebernstein L.P. now owns 69,854 shares of the business services provider's stock worth $3,025,000 after purchasing an additional 27,600 shares in the last quarter. Bank of Montreal Can boosted its position in TransUnion by 724.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider's stock valued at $157,000 after purchasing an additional 1,108 shares during the last quarter. Sumitomo Mitsui Trust Holdings has an ownership of 164,900 stocks of the firm services provider's shares valued at $7,142,000 after scooping up an extra 153,100 stocks in the previous period. Great West Life Assurance Co. L L C raised its stake in shares of TransUnion by 34.3% in the fourth quarter. The current consensus analyst recommendation is sitting at 2.00 on company shares. Citadel Advisors LLC raised its stake in shares of TransUnion by 877.9% in the third quarter. Its solutions are used by businesses for their process workflows 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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