TransUnion (NYSE:TRU) had its price objective boosted by SunTrust Banks from $64.00 to $78.00 in a report published on Monday morning. The brokerage currently has a buy rating on the business services provider’s stock.
Several other analysts have also commented on TRU. Zacks Investment Research lowered shares of TransUnion from a buy rating to a hold rating in a research report on Tuesday, January 2nd. Robert W. Baird reissued a buy rating and set a $62.00 price target on shares of TransUnion in a research report on Tuesday, January 9th. Bank of America raised shares of TransUnion from a neutral rating to a buy rating in a research report on Thursday, January 18th. Royal Bank of Canada increased their price target on shares of TransUnion to $67.00 and gave the company an outperform rating in a research report on Friday, January 19th. Finally, Morgan Stanley increased their price target on shares of TransUnion from $54.00 to $58.00 and gave the company an equal weight rating in a research report on Wednesday, January 31st. Three research analysts have 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 presently has a consensus rating of Buy and an average price target of $65.55.
TRU stock opened at $65.57 on Monday. The stock has a market cap of $12,271.82, a price-to-earnings ratio of 38.35, a PEG ratio of 3.19 and a beta of 0.74. TransUnion has a one year low of $38.63 and a one year high of $67.73. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The business had revenue of $537.40 million during the quarter, compared to analyst estimates of $507.68 million. TransUnion had a net margin of 22.41% and a return on equity of 21.98%. The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 earnings per share. analysts predict that TransUnion will post 2.1 earnings per share for the current year.
In related news, insider James M. Peck sold 18,629 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $58.17, for a total value of $1,083,648.93. Following the completion of the transaction, the insider now directly owns 221,886 shares of the company’s stock, valued at approximately $12,907,108.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of the stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $56.92, for a total transaction of $82,534.00. The disclosure for this sale can be found here. Insiders sold a total of 174,345 shares of company stock valued at $10,156,056 over the last ninety days. 1.18% of the stock is currently owned by insiders.
Several institutional investors have recently made changes to their positions in TRU. Strs Ohio purchased a new position in shares of TransUnion in the 4th quarter valued at approximately $107,000. Valeo Financial Advisors LLC purchased a new position in TransUnion during the 4th quarter worth approximately $113,000. LS Investment Advisors LLC purchased a new position in TransUnion during the 4th quarter worth approximately $131,000. Robeco Institutional Asset Management B.V. purchased a new position in TransUnion during the 4th quarter worth approximately $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in TransUnion during the 4th quarter worth approximately $137,000.
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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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