TransUnion (NYSE:TRU) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday.
Other research analysts also recently issued research reports about the company. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research note on Friday, January 12th. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 price target on shares of TransUnion in a research note on Tuesday, January 9th. Royal Bank of Canada boosted their price target on TransUnion to $60.00 and gave the company an “outperform” rating in a research note on Tuesday, December 19th. Barclays reaffirmed a “buy” rating and issued a $65.00 price target on shares of TransUnion in a research note on Friday, December 15th. Finally, Atlantic Securities raised TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $57.55.
Shares of TransUnion (NYSE TRU) opened at $57.15 on Thursday. TransUnion has a twelve month low of $31.38 and a twelve month high of $57.56. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $10,303.12, a price-to-earnings ratio of 43.96, a PEG ratio of 2.91 and a beta of 0.64.
TransUnion (NYSE:TRU) last posted its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.06. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. During the same quarter last year, the firm earned $0.38 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. research analysts forecast that TransUnion will post 1.71 EPS for the current fiscal year.
In other TransUnion news, insider James M. Peck sold 215,381 shares of TransUnion stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $54.80, for a total value of $11,802,878.80. Following the transaction, the insider now owns 402,343 shares in the company, valued at $22,048,396.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher A. Cartwright sold 234,565 shares of TransUnion stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total value of $12,912,803.25. Following the completion of the transaction, the executive vice president now owns 105,917 shares in the company, valued at approximately $5,830,730.85. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,630,224 shares of company stock worth $243,986,497. Company insiders own 2.10% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in TRU. California State Teachers Retirement System grew its holdings in shares of TransUnion by 116.1% during the second quarter. California State Teachers Retirement System now owns 227,221 shares of the business services provider’s stock worth $9,841,000 after purchasing an additional 122,093 shares during the last quarter. Atlantic Trust Group LLC grew its holdings in shares of TransUnion by 48.5% during the third quarter. Atlantic Trust Group LLC now owns 242,954 shares of the business services provider’s stock worth $11,482,000 after purchasing an additional 79,329 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of TransUnion during the third quarter worth about $268,000. Principal Financial Group Inc. grew its holdings in shares of TransUnion by 2,441.7% during the third quarter. Principal Financial Group Inc. now owns 872,324 shares of the business services provider’s stock worth $41,225,000 after purchasing an additional 838,004 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in shares of TransUnion by 49.1% during the second quarter. BlackRock Inc. now owns 4,841,716 shares of the business services provider’s stock worth $209,693,000 after purchasing an additional 1,594,833 shares during the last quarter.
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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.
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