TransUnion (NYSE:TRU) Receives $107.06 Consensus PT from Analysts

TransUnion (NYSE:TRU) has earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $107.06.

A number of equities analysts have issued reports on TRU shares. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. Stifel Nicolaus raised their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company increased their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th.

Insider Activity

In other news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. This represents a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the transaction, the insider now directly owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,590 shares of company stock valued at $2,084,633. Company insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

Large investors have recently modified their holdings of the stock. Huntington National Bank grew its stake in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Quarry LP boosted its stake in shares of 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. True Wealth Design LLC grew its position in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after buying an additional 459 shares in the last quarter. National Bank of Canada FI increased its stake in shares of TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares during the period. Finally, Ridgewood Investments LLC acquired a new position in TransUnion during the 2nd quarter worth approximately $75,000.

TransUnion Price Performance

Shares of TRU stock opened at $93.69 on Wednesday. TransUnion has a fifty-two week low of $63.03 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 81.47, a PEG ratio of 1.37 and a beta of 1.60. The stock’s 50-day simple moving average is $100.45 and its 200-day simple moving average is $93.34.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 EPS. As a group, equities analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.45%. TransUnion’s payout ratio is currently 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.