TransUnion (NYSE:TRU) PT Raised to $130.00

TransUnion (NYSE:TRU) had its price objective hoisted by stock analysts at Robert W. Baird from $104.00 to $130.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price target suggests a potential upside of 19.62% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on TRU. Morgan Stanley increased their price objective on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Oppenheimer increased their price objective on shares of TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research note on Thursday, October 10th. Needham & Company LLC downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Finally, UBS Group began coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $100.24.

TransUnion Trading Up 2.7 %

TRU stock opened at $108.68 on Thursday. The company has a market capitalization of $21.12 billion, a PE ratio of -85.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. TransUnion has a 52 week low of $42.09 and a 52 week high of $113.17. The company’s 50-day simple moving average is $101.10 and its 200 day simple moving average is $85.37.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.76 earnings per share. As a group, sell-side analysts anticipate that TransUnion will post 3.46 earnings per share for the current year.

Insiders Place Their Bets

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total transaction of $90,140.00. Following the sale, the insider now directly owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is currently owned by insiders.

Institutional Trading of TransUnion

Large investors have recently modified their holdings of the stock. Larson Financial Group LLC grew its position in shares of TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the period. Quarry LP grew its position in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the period. National Bank of Canada FI grew its position in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares during the period. Blue Trust Inc. grew its position in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period. Finally, Ridgewood Investments LLC acquired a new stake in TransUnion in the 2nd quarter valued at $75,000.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services 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 mitigate fraud risk.