TransUnion (NYSE:TRU) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of TransUnion (NYSE:TRU) have received a consensus rating of “Moderate Buy” from the sixteen brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $108.19.

A number of analysts recently issued reports on the company. The Goldman Sachs Group raised their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Stifel Nicolaus lifted their price target on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company reduced their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Morgan Stanley boosted their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th.

Insider Buying and Selling at TransUnion

In other news, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the transaction, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the transaction, the insider now directly owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,090 shares of company stock valued at $1,916,758. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA boosted its holdings in shares of TransUnion by 17.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after buying an additional 2,840,800 shares in the last quarter. FMR LLC boosted its stake in TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after acquiring an additional 3,427,199 shares in the last quarter. Wellington Management Group LLP grew its holdings in TransUnion by 16.8% in the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after purchasing an additional 635,581 shares during the last quarter. Janus Henderson Group PLC grew its holdings in TransUnion by 2.4% in the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock worth $330,251,000 after purchasing an additional 75,410 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of TransUnion by 1.6% during the third quarter. Geode Capital Management LLC now owns 3,026,934 shares of the business services provider’s stock worth $316,135,000 after purchasing an additional 47,663 shares in the last quarter.

TransUnion Stock Down 0.1 %

Shares of NYSE:TRU opened at $95.96 on Friday. The company has a market cap of $18.70 billion, a price-to-earnings ratio of 83.44, a PEG ratio of 1.16 and a beta of 1.62. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average price of $95.95 and a 200 day moving average price of $95.97.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the company earned $0.80 EPS. As a group, equities research analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.44%. The ex-dividend date was Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

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.