TransUnion (NYSE:TRU) Receives $123.17 Average Target Price from Brokerages

Shares of TransUnion (NYSE:TRU) have earned a consensus rating of “Buy” from the fourteen ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $123.17.

A number of research firms have issued reports on TRU. The Goldman Sachs Group began coverage on shares of TransUnion in a research report on Thursday, July 8th. They issued a “buy” rating and a $128.00 target price for the company. Robert W. Baird increased their target price on shares of TransUnion from $121.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, July 16th. They noted that the move was a valuation call. Barclays increased their target price on shares of TransUnion from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 17th. Deutsche Bank Aktiengesellschaft raised their price target on shares of TransUnion from $110.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, July 28th. Finally, Morgan Stanley raised their price target on shares of TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, July 28th.

TransUnion stock opened at $119.00 on Friday. The company has a 50 day moving average price of $118.56 and a 200 day moving average price of $106.87. TransUnion has a 52 week low of $78.02 and a 52 week high of $125.35. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.08 and a current ratio of 2.08. The firm has a market capitalization of $22.79 billion, a price-to-earnings ratio of 50.00, a P/E/G ratio of 1.63 and a beta of 1.32.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 27th. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.05. TransUnion had a net margin of 15.79% and a return on equity of 23.10%. The company had revenue of $774.20 million during the quarter, compared to the consensus estimate of $749.12 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The company’s revenue was up 22.0% compared to the same quarter last year. Equities analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 9th. Shareholders of record on Wednesday, August 25th were given a $0.095 dividend. The ex-dividend date of this dividend was Tuesday, August 24th. This represents a $0.38 annualized dividend and a yield of 0.32%. TransUnion’s dividend payout ratio is 13.52%.

In other TransUnion news, insider David M. Neenan sold 24,199 shares of the business’s stock in a transaction dated Friday, July 30th. The shares were sold at an average price of $120.33, for a total value of $2,911,865.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Dane Mauldin sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, August 16th. The stock was sold at an average price of $119.25, for a total transaction of $149,062.50. The disclosure for this sale can be found here. Company insiders own 0.21% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in TransUnion by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 1,487,065 shares of the business services provider’s stock valued at $163,294,000 after purchasing an additional 36,339 shares during the period. Sawtooth Solutions LLC boosted its holdings in TransUnion by 36.9% during the 2nd quarter. Sawtooth Solutions LLC now owns 5,285 shares of the business services provider’s stock worth $580,000 after acquiring an additional 1,424 shares during the last quarter. Comerica Bank boosted its holdings in TransUnion by 23.9% during the 2nd quarter. Comerica Bank now owns 100,085 shares of the business services provider’s stock worth $11,750,000 after acquiring an additional 19,295 shares during the last quarter. MARSHALL WACE ASIA Ltd boosted its holdings in TransUnion by 4.7% during the 2nd quarter. MARSHALL WACE ASIA Ltd now owns 1,181,620 shares of the business services provider’s stock worth $129,753,000 after acquiring an additional 53,026 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in TransUnion by 14.3% during the 2nd quarter. Morgan Stanley now owns 848,233 shares of the business services provider’s stock worth $93,144,000 after acquiring an additional 106,120 shares during the last quarter. Institutional investors and hedge funds own 96.22% of the company’s stock.

TransUnion Company Profile

TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. The firm operates through the following segments: U.S. Information Services (USIS), International, Consumer Interactive, and Corporate.

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Analyst Recommendations for TransUnion (NYSE:TRU)

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