TransUnion (NYSE:TRU) had its price target increased by Royal Bank of Canada to $67.00 in a report issued on Friday, January 19th, The Fly reports. The firm currently has an outperform rating on the business services provider’s stock.
TRU has been the topic of a number of other research reports. Zacks Investment Research raised shares of TransUnion from a hold rating to a buy rating and set a $62.00 target price on the stock in a report on Friday, January 5th. SunTrust Banks upped their target price on shares of TransUnion to $64.00 and gave the stock a buy rating in a report on Monday, October 30th. Deutsche Bank reaffirmed a buy rating and set a $55.00 target price (up previously from $50.00) on shares of TransUnion in a report on Tuesday, October 24th. Stifel Nicolaus reaffirmed a buy rating and set a $59.00 target price (up previously from $50.00) on shares of TransUnion in a report on Sunday, October 29th. Finally, Barclays upped their target price on shares of TransUnion from $50.00 to $55.00 and gave the stock an overweight rating in a report on Monday, October 30th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $58.73.
Shares of TransUnion (NYSE TRU) traded up $0.87 during mid-day trading on Friday, hitting $55.82. 1,820,883 shares of the company were exchanged, compared to its average volume of 1,166,648. The stock has a market cap of $10,600.41, a PE ratio of 42.94, a P/E/G ratio of 2.99 and a beta of 0.67. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51. TransUnion has a 12 month low of $36.08 and a 12 month high of $61.42.
TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.05. The company had revenue of $506.10 million for the quarter, compared to analysts’ expectations of $487.83 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. TransUnion’s revenue was up 16.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.44 EPS. sell-side analysts anticipate that TransUnion will post 1.71 EPS for the current fiscal year.
In related news, CEO James M. Peck sold 200,000 shares of the stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $54.74, for a total transaction of $10,948,000.00. Following the transaction, the chief executive officer now owns 402,343 shares of the company’s stock, valued at approximately $22,024,255.82. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Christopher A. Cartwright sold 85,175 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $54.18, for a total transaction of $4,614,781.50. The disclosure for this sale can be found here. Insiders sold a total of 796,007 shares of company stock worth $43,622,682 in the last three months. Insiders own 2.10% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in TRU. Atlanta Capital Management Co. L L C grew its holdings in shares of TransUnion by 43.6% during the 2nd quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock valued at $362,043,000 after purchasing an additional 2,536,898 shares during the last quarter. Egerton Capital UK LLP grew its holdings in shares of TransUnion by 114.8% during the 3rd quarter. Egerton Capital UK LLP now owns 4,574,259 shares of the business services provider’s stock valued at $216,179,000 after purchasing an additional 2,444,617 shares during the last quarter. Artisan Partners Limited Partnership bought a new position in shares of TransUnion during the 3rd quarter valued at $99,632,000. TimesSquare Capital Management LLC grew its holdings in shares of TransUnion by 80.4% during the 3rd quarter. TimesSquare Capital Management LLC now owns 3,871,900 shares of the business services provider’s stock valued at $182,986,000 after purchasing an additional 1,725,300 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in shares of TransUnion by 49.1% during the 2nd quarter. BlackRock Inc. now owns 4,841,716 shares of the business services provider’s stock valued at $209,693,000 after purchasing an additional 1,594,833 shares during the last quarter.
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TransUnion Company Profile
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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