TransUnion (NYSE:TRU) Price Target Lowered to $115.00 at Oppenheimer

TransUnion (NYSE:TRU) had its price target lowered by Oppenheimer from $122.00 to $115.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the business services provider’s stock.

Several other analysts also recently weighed in on the company. Morgan Stanley boosted their price target on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.

TransUnion Price Performance

Shares of TRU opened at $96.74 on Wednesday. The stock has a market capitalization of $18.85 billion, a PE ratio of 84.12, a PEG ratio of 1.32 and a beta of 1.62. The company has a 50 day moving average price of $103.68 and a 200-day moving average price of $89.41. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. TransUnion has a fifty-two week low of $56.85 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. Equities analysts predict that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

Insider Buying and Selling

In related news, EVP Heather J. Russell sold 3,173 shares of the firm’s 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 $303,275.34. Following the transaction, the executive vice president now owns 19,926 shares in the company, valued at $1,904,527.08. This trade represents a 13.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now directly owns 49,239 shares in the company, valued at $4,709,710.35. This represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,315 shares of company stock valued at $1,119,897 in the last quarter. Company insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. lifted its stake in TransUnion by 2.2% in the first quarter. Sei Investments Co. now owns 45,827 shares of the business services provider’s stock valued at $3,658,000 after acquiring an additional 975 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of TransUnion by 14.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,196 shares of the business services provider’s stock valued at $335,000 after acquiring an additional 542 shares in the last quarter. UniSuper Management Pty Ltd lifted its holdings in TransUnion by 100.0% in the 1st quarter. UniSuper Management Pty Ltd now owns 2,800 shares of the business services provider’s stock worth $223,000 after purchasing an additional 1,400 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in TransUnion by 3.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock valued at $14,369,000 after purchasing an additional 6,270 shares during the last quarter. Finally, Capital International Inc. CA raised its position in shares of TransUnion by 24.4% in the first quarter. Capital International Inc. CA now owns 26,835 shares of the business services provider’s stock valued at $2,141,000 after purchasing an additional 5,258 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.