TransUnion(NYSE:TRU) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $435.900M. Analysts estimated a revenue of $426.580M. The revenues were 2.18% above the estimates. Earnings per share were $0.44. The reported EPS was above estimates by 25.71%. Analysts had estimated an EPS of $0.35.
In a different note, On Jan 18, 2017, Morgan Stanley said it Upgrades its rating on TransUnion. According to the research note, Morgan Stanley Raises the price target to $38 per share from a prior target of $37. The shares have been rated ‘Overweight’ by the firm.
TransUnion (TRU) shares turned negative on Wednesdays trading session with the shares closing down -0.18 points or -0.49% at a volume of 15,01,152. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.255. The peak price level was also seen at $37.255 while the days lowest was $36.71. Finally the shares closed at $36.92. The 52-week high of the shares is $37.8 while the 52-week low is $24.2. According to the latest information available, the market cap of the company is $6,767 M.
Several Insider Transactions has been reported to the SEC. On Nov 16, 2016, James M Peck (President and CEO) sold 93,448 shares at $29.65 per share price.Also, On Nov 16, 2016, David M Neenan (EVP – International) sold 38,764 shares at $29.67 per share price.On Nov 16, 2016, Samuel A Hamood (EVP & CFO) sold 25,228 shares at $29.66 per share price, according to the Form-4 filing with the securities and exchange commission.
TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.