Brokerages Set TransUnion (NYSE:TRU) Price Target at $107.06

TransUnion (NYSE:TRU) has been assigned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $107.06.

A number of equities research analysts recently weighed in on the company. Oppenheimer decreased their target price on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. The Goldman Sachs Group upped their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. UBS Group began coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target on the stock. Finally, Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th.

Insider Buying and Selling at TransUnion

In related news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction on 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 transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,590 shares of company stock worth $2,084,633. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TransUnion

Institutional investors and hedge funds have recently made changes to their positions in the company. Huntington National Bank boosted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares during the last quarter. Quarry LP grew its position in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares during the period. True Wealth Design LLC raised 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 buying an additional 459 shares during the last quarter. National Bank of Canada FI lifted its holdings in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after buying an additional 166 shares during the period. Finally, Ridgewood Investments LLC bought a new position in TransUnion in the second quarter valued at approximately $75,000.

TransUnion Stock Down 1.3 %

Shares of TRU stock opened at $93.69 on Wednesday. TransUnion has a 12 month low of $63.03 and a 12 month high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market cap of $18.26 billion, a PE ratio of 81.47, a price-to-earnings-growth ratio of 1.37 and a beta of 1.60. The stock has a 50 day moving average of $100.16 and a 200-day moving average of $93.77.

TransUnion (NYSE:TRU) last released its earnings results 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 firm had revenue of $1.09 billion during 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 business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 EPS. On average, equities analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.45%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

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.