Morgan Stanley set a $57.00 price target on TransUnion (NYSE:TRU) in a research note issued to investors on Wednesday. The firm currently has a hold rating on the business services provider’s stock.
Other analysts have also recently issued research reports about the stock. SunTrust Banks lifted their price objective on shares of TransUnion to $64.00 and gave the stock a buy rating in a research note on Monday, October 30th. Stifel Nicolaus reiterated a buy rating and issued a $59.00 price objective (up previously from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. Royal Bank of Canada reiterated a buy rating and issued a $57.00 price objective on shares of TransUnion in a research note on Friday, October 27th. Deutsche Bank reiterated a buy rating and issued a $55.00 price objective (up previously from $50.00) on shares of TransUnion in a research note on Tuesday, October 24th. Finally, Barclays reiterated a buy rating and issued a $65.00 price objective on shares of TransUnion in a research note on Friday, December 15th. One investment 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 company’s stock. TransUnion currently has a consensus rating of Buy and an average target price of $58.64.
Shares of TransUnion (NYSE:TRU) opened at $58.45 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.84 and a current ratio of 1.28. The stock has a market cap of $10,676.34, a PE ratio of 25.19, a PEG ratio of 2.93 and a beta of 0.67. TransUnion has a 12 month low of $36.08 and a 12 month high of $61.42.
TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The company had revenue of $506.10 million during the quarter, compared to analysts’ expectations of $487.83 million. During the same quarter last year, the company posted $0.44 EPS. TransUnion’s quarterly revenue was up 16.1% compared to the same quarter last year. research analysts forecast that TransUnion will post 1.99 earnings per share for the current year.
In other TransUnion news, EVP Christopher A. Cartwright sold 234,565 shares of the firm’s 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 transaction, the executive vice president now directly owns 105,917 shares of the company’s stock, valued at approximately $5,830,730.85. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO James M. Peck sold 200,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 402,343 shares in the company, valued at $22,024,255.82. The disclosure for this sale can be found here. Over the last three months, insiders sold 710,832 shares of company stock worth $39,007,900. Insiders own 2.10% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. Strs Ohio bought a new position in TransUnion in the 4th quarter valued at about $107,000. Valeo Financial Advisors LLC bought a new position in TransUnion in the 4th quarter valued at about $113,000. LS Investment Advisors LLC bought a new position in TransUnion in the 4th quarter valued at about $131,000. Robeco Institutional Asset Management B.V. bought a new position in TransUnion in the 4th quarter valued at about $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in TransUnion in the 4th quarter valued at about $137,000.
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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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