TransUnion (NYSE:TRU) Rating Reiterated by Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of TransUnion (NYSE:TRU) in a research report report published on Thursday morning, Benzinga reports. Royal Bank of Canada currently has a $121.00 price target on the business services provider’s stock.

A number of other equities research analysts also recently weighed in on the company. Oppenheimer lifted their target price on TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Thursday. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Wells Fargo & Company raised their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley raised their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, The Goldman Sachs Group raised their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $104.53.

TransUnion Stock Down 2.9 %

TRU opened at $103.59 on Thursday. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $20.12 billion, a P/E ratio of -72.44, a P/E/G ratio of 1.38 and a beta of 1.62. The stock has a fifty day moving average of $101.57 and a 200-day moving average of $85.73.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm earned $0.80 earnings per share. The company’s revenue was up 12.0% on a year-over-year basis. On average, equities analysts expect that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared 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. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

Insider Transactions at TransUnion

In other news, insider Todd C. Skinner sold 2,900 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Todd C. Skinner sold 2,900 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

A number of hedge funds and other institutional investors have recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA lifted its stake in shares of 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 acquiring an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 acquiring an additional 2,306,596 shares during the period. CCLA Investment Management lifted its stake in shares of 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 acquiring an additional 1,945,340 shares during the period. XN LP lifted its stake in shares of TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after acquiring an additional 1,303,996 shares during the period. Finally, Ninety One UK Ltd lifted its stake in shares of TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock worth $190,363,000 after acquiring an additional 698,580 shares during the period.

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.