TransUnion (NYSE:TRU) Given New $80.00 Price Target at Bank of America

TransUnion (NYSE:TRU) had its price target decreased by Bank of America from $83.00 to $80.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. Bank of America‘s target price would indicate a potential upside of 20.93% from the stock’s current price.

Several other research firms have also recently commented on TRU. Mizuho started coverage on shares of TransUnion in a research report on Thursday, April 16th. They issued a “neutral” rating and a $80.00 target price for the company. BMO Capital Markets raised TransUnion to a “strong-buy” rating in a research note on Friday, January 23rd. Stifel Nicolaus dropped their price target on shares of TransUnion from $103.00 to $88.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Weiss Ratings cut TransUnion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Finally, Barclays decreased their price objective on shares of TransUnion from $95.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and an average price target of $91.27.

TransUnion Trading Down 3.6%

Shares of NYSE:TRU traded down $2.45 during midday trading on Tuesday, hitting $66.16. 1,099,109 shares of the stock traded hands, compared to its average volume of 2,552,211. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.10. The business’s 50 day moving average is $71.07 and its two-hundred day moving average is $77.65. The stock has a market capitalization of $12.75 billion, a PE ratio of 18.35, a P/E/G ratio of 1.16 and a beta of 1.57. TransUnion has a one year low of $65.24 and a one year high of $99.39.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.07. TransUnion had a return on equity of 16.09% and a net margin of 14.91%.The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the business earned $1.05 EPS. TransUnion’s revenue was up 13.7% compared to the same quarter last year. TransUnion has set its Q2 2026 guidance at 1.130-1.150 EPS. As a group, research analysts forecast that TransUnion will post 4.21 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Heather J. Russell sold 4,067 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $77.37, for a total transaction of $314,663.79. Following the sale, the executive vice president owned 41,063 shares in the company, valued at approximately $3,177,044.31. This represents a 9.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Jennifer A. Williams sold 1,679 shares of TransUnion stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $80.00, for a total transaction of $134,320.00. Following the transaction, the chief accounting officer directly owned 7,219 shares of the company’s stock, valued at $577,520. The trade was a 18.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 18,729 shares of company stock worth $1,387,839. 0.37% of the stock is owned by company insiders.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in TransUnion during the 4th quarter valued at $25,000. Board of the Pension Protection Fund purchased a new position in TransUnion in the 4th quarter worth about $26,000. Geneos Wealth Management Inc. lifted its holdings in TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after buying an additional 290 shares in the last quarter. True Wealth Design LLC grew its position in shares of TransUnion by 200.8% during the 4th quarter. True Wealth Design LLC now owns 367 shares of the business services provider’s stock worth $31,000 after buying an additional 245 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its holdings in shares of TransUnion by 130.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 220 shares in the last quarter.

About TransUnion

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.