TransUnion (NYSE:TRU) Price Target Raised to $125.00

TransUnion (NYSE:TRU) had its price target boosted by Wells Fargo & Company from $100.00 to $125.00 in a report published on Wednesday, Benzinga reports. The firm currently has an overweight rating on the business services provider’s stock.

Other analysts have also recently issued research reports about the company. Royal Bank of Canada raised their price target on TransUnion from $85.00 to $106.00 and gave the company an outperform rating in a report on Friday, July 26th. UBS Group started coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a neutral rating and a $110.00 price target on the stock. Needham & Company LLC downgraded shares of TransUnion from a buy rating to a hold rating in a report on Wednesday, August 28th. Oppenheimer increased their target price on TransUnion from $90.00 to $97.00 and gave the company an outperform rating in a research note on Friday, July 26th. Finally, Robert W. Baird lifted their price target on TransUnion from $94.00 to $104.00 and gave the stock an outperform rating in a research note on Friday, July 26th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of $95.44.

TransUnion Stock Down 1.8 %

TRU opened at $104.70 on Wednesday. The company’s 50-day moving average price is $95.91 and its two-hundred day moving average price is $82.84. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a twelve month low of $42.09 and a twelve month high of $107.46. The stock has a market cap of $20.33 billion, a price-to-earnings ratio of -73.22, a PEG ratio of 1.41 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its quarterly earnings data 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 business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the firm earned $0.76 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. As a group, equities analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.40%. TransUnion’s dividend payout ratio is currently -29.37%.

Insider Activity at TransUnion

In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares in the company, valued at approximately $8,114,080. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the business’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 transaction, the chief financial officer now owns 101,426 shares in the company, valued at $8,114,080. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,580 shares of company stock worth $2,328,929 in the last 90 days. Company insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

Several large investors have recently bought and sold shares of TRU. Vanguard Group Inc. raised its position in shares of TransUnion by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after acquiring an additional 234,123 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings 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 purchasing an additional 3,977,595 shares in the last quarter. Capital International Investors purchased a new position in TransUnion during the fourth quarter valued at $663,001,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in shares of TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after buying an additional 572,121 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.