TransUnion (TRU) Raised to “Overweight” at Atlantic Securities

Atlantic Securities upgraded shares of TransUnion (NYSE:TRU) from a neutral rating to an overweight rating in a research report report published on Friday, Marketbeat Ratings reports.

Several other equities research analysts have also recently weighed in on TRU. BidaskClub upgraded shares of TransUnion from a buy rating to a strong-buy rating in a research report on Monday, August 14th. Zacks Investment Research cut shares of TransUnion from a buy rating to a hold rating in a research report on Tuesday, September 26th. Morgan Stanley cut shares of TransUnion from an overweight rating to an equal weight rating and set a $54.00 price objective for the company. in a research report on Monday, October 30th. SunTrust Banks, Inc. raised their price objective on shares of TransUnion to $64.00 and gave the company a buy rating in a research report on Monday, October 30th. Finally, Stifel Nicolaus restated a buy rating and issued a $59.00 price objective (up previously from $50.00) on shares of TransUnion in a research report on Sunday, October 29th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of $55.00.

Shares of TransUnion (TRU) opened at $55.29 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $10,084.25, a PE ratio of 32.72, a price-to-earnings-growth ratio of 3.24 and a beta of 0.62. TransUnion has a 1 year low of $28.92 and a 1 year high of $55.75.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million during the quarter, compared to analysts’ expectations of $475.52 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.38 EPS. equities research analysts forecast that TransUnion will post 1.71 earnings per share for the current fiscal year.

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In other news, EVP Samuel A. Hamood sold 21,341 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $42.95, for a total value of $916,595.95. Following the transaction, the executive vice president now owns 20,243 shares of the company’s stock, valued at approximately $869,436.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total transaction of $193,227,658.25. The disclosure for this sale can be found here. Insiders sold a total of 3,929,969 shares of company stock worth $203,172,863 in the last ninety days. Insiders own 2.10% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. Aperio Group LLC boosted its stake in TransUnion by 2.7% during the 2nd quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock worth $529,000 after acquiring an additional 321 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock worth $238,000 after acquiring an additional 404 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in TransUnion by 17.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock worth $207,000 after acquiring an additional 694 shares during the last quarter. Prudential Financial Inc. boosted its stake in TransUnion by 12.5% during the 2nd quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock worth $463,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in TransUnion by 18.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 10,058 shares of the business services provider’s stock worth $436,000 after acquiring an additional 1,543 shares during the last quarter.

About TransUnion

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

Analyst Recommendations for TransUnion (NYSE:TRU)

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