TransUnion (TRU) Now Covered by Analysts at Evercore ISI

Evercore ISI assumed coverage on shares of TransUnion (NYSE:TRU) in a research note published on Tuesday morning. The firm issued a buy rating and a $80.00 price target on the business services provider’s stock.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research upgraded TransUnion from a hold rating to a buy rating and set a $75.00 price objective for the company in a research report on Tuesday, April 24th. ValuEngine upgraded TransUnion from a hold rating to a buy rating in a research report on Monday, April 2nd. SunTrust Banks increased their price objective on TransUnion from $64.00 to $78.00 and gave the company a buy rating in a research report on Monday, April 23rd. Stifel Nicolaus increased their price objective on TransUnion from $62.00 to $74.00 and gave the company a buy rating in a research report on Monday, April 23rd. Finally, Wells Fargo & Co set a $65.00 price objective on TransUnion and gave the company a hold rating in a research report on Monday, April 23rd. Three analysts have rated the stock with a hold rating, twelve 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 target price of $67.75.

Shares of NYSE:TRU opened at $71.64 on Tuesday. TransUnion has a one year low of $41.07 and a one year high of $73.22. The firm has a market cap of $12.96 billion, a PE ratio of 41.89, a P/E/G ratio of 3.18 and a beta of 0.73. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 1.61.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The company had revenue of $537.40 million during the quarter, compared to the consensus estimate of $507.68 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. equities research analysts expect that TransUnion will post 2.22 EPS for the current year.

The company also recently announced a special dividend, which was paid on Thursday, June 7th. Shareholders of record on Wednesday, May 23rd were paid a dividend of $0.075 per share. The ex-dividend date was Tuesday, May 22nd. TransUnion’s dividend payout ratio (DPR) is currently 17.54%.

In other TransUnion news, EVP John T. Danaher sold 4,318 shares of the business’s stock in a transaction on Monday, April 30th. The shares were sold at an average price of $65.12, for a total transaction of $281,188.16. Following the sale, the executive vice president now directly owns 49,491 shares of the company’s stock, valued at approximately $3,222,853.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider James M. Peck sold 209,500 shares of the business’s stock in a transaction on Friday, April 27th. The shares were sold at an average price of $64.64, for a total transaction of $13,542,080.00. Following the sale, the insider now directly owns 467,127 shares in the company, valued at $30,195,089.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 314,731 shares of company stock worth $20,913,898. Company insiders own 2.10% of the company’s stock.

A number of large investors have recently made changes to their positions in TRU. BlackRock Inc. increased its stake in shares of TransUnion by 11.7% in the first quarter. BlackRock Inc. now owns 8,286,157 shares of the business services provider’s stock worth $470,489,000 after acquiring an additional 871,227 shares during the last quarter. Farallon Capital Management LLC increased its stake in shares of TransUnion by 18.7% in the first quarter. Farallon Capital Management LLC now owns 4,455,499 shares of the business services provider’s stock worth $252,983,000 after acquiring an additional 701,237 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of TransUnion by 11.1% in the first quarter. Principal Financial Group Inc. now owns 3,781,747 shares of the business services provider’s stock worth $214,728,000 after acquiring an additional 379,228 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of TransUnion by 3.4% in the first quarter. Wells Fargo & Company MN now owns 2,657,164 shares of the business services provider’s stock worth $150,874,000 after acquiring an additional 88,456 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its stake in shares of TransUnion by 4.2% in the first quarter. Neuberger Berman Group LLC now owns 2,480,291 shares of the business services provider’s stock worth $140,831,000 after acquiring an additional 99,253 shares during the last quarter. 98.18% of the stock is currently owned by institutional investors.

About TransUnion

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

Analyst Recommendations for TransUnion (NYSE:TRU)

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