TransUnion’s (TRU) “Hold” Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their hold rating on shares of TransUnion (NYSE:TRU) in a research note published on Thursday morning,Benzinga reports.

Other research analysts have also recently issued reports about the stock. Jefferies Financial Group cut their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Oppenheimer cut their price objective on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Thursday, October 10th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average target price of $108.19.

TransUnion Trading Up 0.5 %

NYSE:TRU opened at $95.26 on Thursday. TransUnion has a one year low of $66.07 and a one year high of $113.17. The company has a market cap of $18.57 billion, a PE ratio of 82.83, a PEG ratio of 1.02 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The firm has a 50-day moving average of $96.45 and a 200-day moving average of $95.55.

TransUnion (NYSE:TRU) last announced its earnings results 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the firm earned $0.80 earnings per share. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities research analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The business 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 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is presently 36.52%.

Insider Transactions at TransUnion

In related news, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at $2,469,312.84. This represents a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,090 shares of company stock valued at $1,916,758. 0.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TransUnion

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Townsquare Capital LLC lifted its holdings in shares of TransUnion by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after acquiring an additional 100 shares during the last quarter. Signaturefd LLC lifted its stake in TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co lifted its stake in TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after purchasing an additional 123 shares during the last quarter. Huntington National Bank increased its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of TransUnion by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock valued at $1,261,000 after buying an additional 131 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.