Goldman Sachs Group Inc Sells 13,734,177 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $45.60, for a total value of $626,278,471.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of TransUnion (TRU) opened at 46.49 on Friday. The firm’s 50-day moving average price is $45.21 and its 200-day moving average price is $40.86. TransUnion has a 12 month low of $28.92 and a 12 month high of $46.91. The company has a market capitalization of $8.46 billion, a price-to-earnings ratio of 40.01 and a beta of 0.61.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.03. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The company had revenue of $474.80 million for the quarter, compared to analysts’ expectations of $464.77 million. During the same period in the prior year, the firm earned $0.37 earnings per share. The firm’s revenue was up 11.5% compared to the same quarter last year. Equities research analysts expect that TransUnion will post $1.83 EPS for the current year.

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Several research firms have recently issued reports on TRU. BidaskClub raised TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Cowen and Company reissued a “buy” rating and set a $48.00 price target on shares of TransUnion in a research note on Friday, July 28th. Royal Bank Of Canada reissued a “buy” rating and set a $45.00 price target on shares of TransUnion in a research note on Wednesday, April 26th. Barclays PLC reissued a “buy” rating and set a $45.00 price target on shares of TransUnion in a research note on Thursday, April 27th. Finally, Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Thursday, April 27th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. TransUnion currently has an average rating of “Buy” and a consensus price target of $46.75.

Hedge funds have recently made changes to their positions in the stock. Aperio Group LLC boosted its stake in shares of TransUnion by 2.7% in the second quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock valued at $529,000 after buying an additional 321 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of TransUnion by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after buying an additional 404 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of TransUnion by 17.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after buying an additional 694 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in shares of TransUnion by 6.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 11,877 shares of the business services provider’s stock valued at $455,000 after buying an additional 698 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of TransUnion by 14.7% in the first quarter. Teacher Retirement System of Texas now owns 8,515 shares of the business services provider’s stock valued at $327,000 after buying an additional 1,094 shares during 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.

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

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