UBS Group Increases TransUnion (NYSE:TRU) Price Target to $104.00

TransUnion (NYSE:TRU) had its price objective hoisted by investment analysts at UBS Group from $102.00 to $104.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. UBS Group’s target price points to a potential upside of 6.47% from the stock’s previous close.

Several other research firms have also recently weighed in on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research note on Thursday, October 10th. Robert W. Baird upped their price objective on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, Morgan Stanley dropped their target price on TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.63.

TransUnion Price Performance

Shares of TRU opened at $97.68 on Monday. The company’s 50-day moving average is $95.76 and its 200-day moving average is $97.30. 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 market capitalization of $19.04 billion, a PE ratio of 84.94, a PEG ratio of 1.20 and a beta of 1.63. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17.

Insider Activity at TransUnion

In related news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now directly owns 27,026 shares of the company’s stock, valued at $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 SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the completion of the transaction, the insider now directly owns 58,488 shares of the company’s stock, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,090 shares of company stock valued at $2,012,708 over the last three months. 0.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TRU. FMR LLC lifted its stake in shares of TransUnion by 307.7% in the 3rd 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 during the last quarter. Massachusetts Financial Services Co. MA raised its position in TransUnion by 17.4% in the third 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 purchasing an additional 2,840,800 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of TransUnion during the third quarter worth about $92,661,000. Wellington Management Group LLP increased its stake in shares of 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 valued at $463,456,000 after buying an additional 635,581 shares during the period. Finally, Van ECK Associates Corp raised its holdings in TransUnion by 7.4% in the 4th quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock valued at $476,493,000 after buying an additional 356,306 shares during 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.