TransUnion (NYSE:TRU) PT Raised to $105.00

TransUnion (NYSE:TRU) had its target price boosted by research analysts at Barclays from $80.00 to $105.00 in a report issued on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the business services provider’s stock. Barclays‘s price target suggests a potential upside of 4.59% from the stock’s current price.

Other analysts have also issued reports about the company. Robert W. Baird raised their price objective on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research note on Thursday, June 20th. Oppenheimer increased their price objective on shares of TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Royal Bank of Canada boosted their target price on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $92.00.

TransUnion Price Performance

Shares of NYSE TRU opened at $100.39 on Friday. TransUnion has a 52 week low of $42.09 and a 52 week high of $100.97. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm has a market cap of $19.51 billion, a P/E ratio of -70.20, a P/E/G ratio of 1.42 and a beta of 1.62. The business’s 50 day moving average price is $88.54 and its 200 day moving average price is $80.12.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, sell-side analysts expect that TransUnion will post 3.44 earnings per share for the current year.

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the transaction, the chief financial officer now directly owns 101,426 shares of the company’s stock, valued at approximately $8,114,080. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,200 shares of company stock worth $2,665,257. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in TransUnion during the second quarter worth about $1,008,000. Next Capital Management LLC purchased a new stake in TransUnion during the 2nd quarter worth approximately $422,000. Brandes Investment Partners LP lifted its holdings in TransUnion by 32.4% during the 2nd quarter. Brandes Investment Partners LP now owns 8,110 shares of the business services provider’s stock worth $601,000 after buying an additional 1,984 shares in the last quarter. Quarry LP boosted 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 buying an additional 520 shares during the period. Finally, Creative Planning grew its stake in shares of TransUnion by 14.2% in the second quarter. Creative Planning now owns 7,842 shares of the business services provider’s stock worth $582,000 after acquiring an additional 975 shares in the last quarter.

TransUnion Company Profile

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.