TransUnion (NYSE:TRU) Receives Outperform Rating from William Blair

TransUnion (NYSE:TRU)‘s stock had its “outperform” rating reissued by analysts at William Blair in a research note issued to investors on Friday,RTT News reports.

A number of other analysts have also weighed in on the company. Stifel Nicolaus upped their target price on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group reduced their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company reduced their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Finally, Morgan Stanley cut their target price on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.63.

TransUnion Trading Down 0.7 %

NYSE TRU traded down $0.68 during trading hours on Friday, hitting $99.58. 375,489 shares of the company were exchanged, compared to its average volume of 1,515,175. The stock has a 50-day moving average price of $95.09 and a 200 day moving average price of $97.75. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The stock has a market cap of $19.41 billion, a PE ratio of 86.54, a price-to-earnings-growth ratio of 1.16 and a beta of 1.63.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). TransUnion had a net margin of 5.47% and a return on equity of 15.38%. Analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion declared that its Board of Directors has authorized a stock buyback program on Thursday, February 13th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 2.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion 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 sale, the insider now directly owns 24,333 shares in the company, 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. Insiders have sold a total of 18,590 shares of company stock worth $1,854,218 in the last ninety days. Insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Huntington National Bank grew its stake in shares of TransUnion by 84.5% during the third 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. Versant Capital Management Inc grew its stake in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after purchasing an additional 193 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of TransUnion during the fourth quarter worth $40,000. True Wealth Design LLC grew its stake 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 purchasing an additional 459 shares in the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of TransUnion during the fourth quarter worth $44,000.

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.