TransUnion (NYSE:TRU) Trading Up – Short Interest Up by 21.32%


Traders are more bearish on shares of TransUnion lately considering the uptick in short interest. The company saw a rise in short interest of 21.32% between August 15, 2017 and August 31, 2017. Short interest grew 433,448 over that timeframe. Days to cover increased from 1.0 to 3.0 and the percentage of shorted shares was 0.01% on August 31.

Here is a rundown on some insider market activity for TransUnion (NYSE:TRU). James M. Peck, President and CEO disclosed the sale of 39,229 shares. The shares were sold on September 1st for an average price of $47.83. Peck now owns $18,902,225 of the stock according to the SEC filing. Director Christopher Egan disclosed the sale of 201,753 shares of TRU stock. The shares were purchased at an average price of $45.60. The Director now owns $2,833,082 of the stock per the Form 4 SEC filing.

David M. Neenan, EVP reported the sale of 50,000 shares of (TRU). The shares were purchased at an average price of $45.60. The EVP now owns $3,121,457 of the stock per the Form 4 SEC filing.

The following firms have recently changed their position in TRU. As of the end of the quarter William Blair Investment Management, LLC had bought a total of 110,181 shares growing its position 4.7%. The value of the total investment in TransUnion increased from $89,054,000 to $105,344,000 increasing 18.3% for the reporting period. As of quarter end Junto Capital Management Lp had acquired 297,246 shares growing its holdings by 19.4%. The value of the investment in TRU went from $58,830,000 to $79,312,000 a change of $20,482,000 since the last quarter.

As of quarter end Three Peaks Capital Management, LLC had disposed of 2,465 shares trimming its stake by 0.7%. The value of the investment in TransUnion increased from $14,251,000 to $15,987,000 a change of 12.2% quarter to quarter. As of the end of the quarter Point72 Asset Management, L.p. had sold 1,464,185 shares trimming its stake by 88.0%. The value in dollars decreased from $63,798,000 to $8,636,000 decreasing 86.5% quarter over quarter.

On September 14 Barclays kept the company rating at “Overweight” and moved up the price target to $50.00 from $37.00.

The company is trading up from yesterday’s close of 42.2. The stock is trading at $43.16 a tad below $44.07, the 50 day moving average and just below the 200 day moving average of $44.07. The 50 day moving average went down by -2.06% whereas the 200 day average was down by -2.06%.

TransUnion’s P/E ratio is 37.14 and market capitalization is 7.85B. 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. Next quarter’s EPS is estimated at $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..