TransUnion (NYSE:TRU) PT Raised to $94.00 at Robert W. Baird

TransUnion (NYSE:TRU) had its target price boosted by Robert W. Baird from $87.00 to $94.00 in a research note issued to investors on Friday morning, Benzinga reports. Robert W. Baird currently has an outperform rating on the business services provider’s stock.

TRU has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their price objective on TransUnion from $69.00 to $84.00 and gave the stock an overweight rating in a research note on Wednesday, February 14th. StockNews.com upgraded shares of TransUnion from a sell rating to a hold rating in a research report on Tuesday, January 23rd. Evercore ISI boosted their target price on shares of TransUnion from $70.00 to $80.00 and gave the company an in-line rating in a report on Tuesday, March 26th. The Goldman Sachs Group increased their price target on TransUnion from $63.00 to $72.00 and gave the stock a neutral rating in a report on Friday, December 29th. Finally, Needham & Company LLC boosted their price objective on TransUnion from $87.00 to $89.00 and gave the company a buy rating in a research note on Thursday, April 25th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and an average price target of $83.60.

TransUnion Stock Performance

TransUnion stock opened at $75.91 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The business has a 50 day moving average of $76.33 and a 200-day moving average of $67.90. The company has a market capitalization of $14.74 billion, a P/E ratio of -53.08, a P/E/G ratio of 1.11 and a beta of 1.61.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. On average, equities research analysts predict that TransUnion will post 3.31 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a yield of 0.55%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now directly owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,275 shares of company stock worth $1,204,538. Insiders own 0.28% of the company’s stock.

Institutional Trading of TransUnion

Several institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in TransUnion during the third quarter worth about $1,063,000. Simplicity Solutions LLC grew its holdings in shares of TransUnion by 5.3% in the third quarter. Simplicity Solutions LLC now owns 15,126 shares of the business services provider’s stock valued at $1,086,000 after acquiring an additional 764 shares in the last quarter. Copeland Capital Management LLC increased its position in shares of TransUnion by 0.4% during the third quarter. Copeland Capital Management LLC now owns 351,413 shares of the business services provider’s stock valued at $25,228,000 after acquiring an additional 1,471 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in TransUnion by 11.7% during the third quarter. Commonwealth Equity Services LLC now owns 111,040 shares of the business services provider’s stock worth $7,972,000 after acquiring an additional 11,607 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in TransUnion by 12.6% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 44,535 shares of the business services provider’s stock worth $3,197,000 after purchasing an additional 5,000 shares during the last quarter.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.