TransUnion (NYSE:TRU) Given “Hold” Rating at Needham & Company LLC

TransUnion (NYSE:TRU)‘s stock had its “hold” rating restated by equities research analysts at Needham & Company LLC in a research note issued on Thursday,Benzinga reports.

Several other analysts have also issued reports on TRU. Jefferies Financial Group dropped their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Morgan Stanley lifted their target price on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Wells Fargo & Company lowered their price target on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Finally, Stifel Nicolaus boosted their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $108.19.

TransUnion Trading Up 0.5 %

Shares of NYSE TRU traded up $0.44 during midday trading on Thursday, reaching $95.52. 220,707 shares of the stock were exchanged, compared to its average volume of 1,383,266. The company has a market capitalization of $18.62 billion, a price-to-earnings ratio of 83.06, a P/E/G ratio of 1.02 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 debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The business has a 50-day simple moving average of $96.91 and a two-hundred day simple moving average of $95.25.

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

Insider Activity at TransUnion

In other TransUnion news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the transaction, the insider now owns 62,988 shares in the company, 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 90 days, insiders have sold 19,090 shares of company stock valued at $1,916,758. Insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Large investors have recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of TransUnion by 12.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after purchasing an additional 140,952 shares in the last quarter. FMR LLC grew its holdings in shares of 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 purchasing an additional 3,427,199 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in TransUnion in the 2nd quarter valued at approximately $493,000. Captrust Financial Advisors acquired a new stake in shares of TransUnion in the third quarter valued at $892,000. Finally, Artemis Investment Management LLP purchased a new stake in shares of TransUnion during the third quarter worth approximately $32,008,000.

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.