Shares of the company are trading at $50.69 which is just over $47.39, the 50 day moving average and which is just a bit higher than the 200 day moving average of $47.39. The 50 day moving average moved up $3.30 and the 200 day average went up $3.30 or +6.95%. Trading volume for TransUnion was 563K on Tuesday. Overall, volume was down 24.48% under the stocks normal daily volume.
Short traders are feeling a little more bearish on shares of TransUnion recently if you put credence in the motion in short interest. The company experienced a rise in short interest between September 15, 2017 and September 29, 2017 of 30.22%. Short interest increased 920,914 over that timeframe. The days to cover decreased to 1.0 and the percentage of shorted shares is 0.02% as of September 29.
There has been some selling insider activity on TransUnion (NYSE:TRU) recently. Timothy Elberfeld, VP let go of $8,978 worth of shares at an average price of $49.33 on Fri the 6th. Elberfeld now owns $742,860 of stock as recorded in a recent Form 4 SEC filing. James M. Peck, President and CEO reported the sale of 39,229 shares of (TRU). The shares were sold on September 1st for an average price of $47.83. The President and CEO now owns $18,902,225 of the stock according to the SEC filing.
Director Christopher Egan sold 201,753 shares at an average price of $45.60 on August 4th. That brings Egan’s holdings to $2,833,082 per an SEC filing yesterday.
These funds have shifted positions in (TRU). As of quarter end Cutler Group LP had acquired a total of 14,263 shares growing its holdings by 10,410.9%. The value of the investment in TRU went from $5,000 to $55,000 a change of 1,000.0% quarter over quarter. As of the end of the quarter Nikko Asset Management Americas, Inc. had bought 200,400 shares growing its stake by 102.7%. The value of the investment in TransUnion increased from $8,454,000 to $18,696,000 increasing 121.1% for the reporting period.
Seven Eight Capital, Lp augmented its holdings by buying 5,200 shares an increase of 13.0%. Seven Eight Capital, Lp claims 45,300 shares valued at $2,141,000. The total value of its holdings increased 23.3%. As of quarter end Bank Of Montreal /can/ had acquired a total of 176 shares growing its position 6.6%. The value of the total investment in TransUnion increased from $116,000 to $135,000 a change of $19,000 since the last quarter.
On September 14 Barclays maintained a company rating of “Overweight” but moved up the price target from $37.00 to $50.00. October 23 investment analysts at Morgan Stanley made no change to the stock rating of “Overweight” and raised the price target to $51.00 from $50.00.
TransUnion currently has a P/E ratio of 43.62 and the market value is 9.22B. In the last earnings report the EPS was $1.16 and is projected to be $1.83 for the current year with 181,899,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.48 and the next full year EPS is anticipated to be $2.06.
TransUnion, launched on February 15, 2012, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive. 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. Its solutions are used by consumers to view their credit profiles and access analytical tools that help them understand and manage their personal information, and take precautions against identity theft. The Company possesses both nationwide consumer credit data and public records data, which allows it to predict behaviors, assess risk and address a set of business issues for the customers. The Company offers its services across various industries, including financial services, specialized risk, insurance and healthcare. As of December 31, 2016, the Company operated in over 30 countries across North America, Africa, Latin America and Asia. As of December 31, 2016, the Business’s solutions are based on a foundation of financial, credit, alternative credit, identity, bankruptcy, lien, judgment, insurance claims, automotive and other relevant information from 90,000 data sources, including financial institutions, private databases and public records repositories..