TransUnion (NYSE:TRU) PT Raised to $105.00

TransUnion (NYSE:TRU) had its price target lifted by Barclays from $80.00 to $105.00 in a research note published on Friday morning, Benzinga reports. Barclays currently has an equal weight rating on the business services provider’s stock.

Other research analysts have also recently issued research reports about the company. Wolfe Research initiated coverage on TransUnion in a research report on Tuesday, July 9th. They set a peer perform rating on the stock. Royal Bank of Canada boosted their price target on shares of TransUnion from $85.00 to $106.00 and gave the company an outperform rating in a research report on Friday, July 26th. Wells Fargo & Company raised shares of TransUnion to a strong-buy rating in a report on Tuesday, August 13th. Morgan Stanley boosted their target price on shares of TransUnion from $96.00 to $103.00 and gave the company an overweight rating in a report on Thursday, September 12th. Finally, Robert W. Baird raised their price target on TransUnion from $94.00 to $104.00 and gave the stock an outperform rating in a report on Friday, July 26th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of $92.00.

TransUnion Stock Up 0.8 %

Shares of NYSE:TRU opened at $101.17 on Friday. TransUnion has a 52-week low of $42.09 and a 52-week high of $101.43. The firm has a market cap of $19.65 billion, a P/E ratio of -70.75, a PEG ratio of 1.42 and a beta of 1.62. The business’s 50 day simple moving average is $88.54 and its two-hundred day simple moving average is $80.17. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, research analysts forecast that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. TransUnion’s dividend payout ratio is presently -29.37%.

Insider Activity at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at $686,837.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at $8,114,080. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,200 shares of company stock valued at $2,665,257. Corporate insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital International Investors purchased a new position in TransUnion during the 4th quarter valued at $663,001,000. Massachusetts Financial Services Co. MA raised its stake in TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after buying an additional 3,977,595 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in TransUnion by 51.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after buying an additional 2,306,596 shares in the last quarter. CCLA Investment Management lifted its holdings in TransUnion by 104,813.6% in the first quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after buying an additional 1,945,340 shares during the period. Finally, Meritage Group LP grew its holdings in shares of TransUnion by 56.5% during the 4th quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock worth $345,640,000 after acquiring an additional 1,815,540 shares during the period.

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.