TransUnion (NYSE:TRU) Downgraded by Rothschild Redburn to Neutral

Rothschild Redburn downgraded shares of TransUnion (NYSE:TRU) from a buy rating to a neutral rating in a research report released on Monday morning,FinViz reports. Rothschild Redburn currently has $91.00 price target on the business services provider’s stock, up from their prior price target of $89.00.

A number of other equities analysts have also commented on TRU. Royal Bank Of Canada lowered their price target on shares of TransUnion from $100.00 to $92.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Zacks Research cut shares of TransUnion from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 29th. Griffin Securities set a $98.00 price objective on shares of TransUnion in a report on Wednesday, July 29th. Rothschild & Co Redburn lowered shares of TransUnion from a “buy” rating to a “neutral” rating and increased their target price for the stock from $89.00 to $91.00 in a research report on Monday. Finally, Needham & Company LLC increased their target price on shares of TransUnion from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, TransUnion presently has a consensus rating of “Hold” and an average price target of $90.72.

TransUnion Stock Up 2.4%

TRU stock opened at $83.10 on Monday. TransUnion has a 1-year low of $60.96 and a 1-year high of $89.12. The business’s 50 day simple moving average is $74.06 and its 200 day simple moving average is $74.16. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $15.85 billion, a PE ratio of 20.22, a PEG ratio of 1.56 and a beta of 1.56.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.04. TransUnion had a return on equity of 16.51% and a net margin of 15.83%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm posted $1.10 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts anticipate that TransUnion will post 4.27 EPS for the current year.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.1350 per share. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.6%. TransUnion’s payout ratio is presently 12.17%.

Insiders Place Their Bets

In related news, insider Todd Skinner sold 1,000 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $77.74, for a total transaction of $77,740.00. Following the completion of the sale, the insider directly owned 53,764 shares in the company, valued at $4,179,613.36. This represents a 1.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Venkat Achanta sold 23,287 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $77.00, for a total value of $1,793,099.00. Following the completion of the sale, the executive vice president directly owned 196,912 shares in the company, valued at $15,162,224. This trade represents a 10.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,754 shares of company stock valued at $2,519,384 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TransUnion by 12.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,187 shares of the business services provider’s stock worth $86,000 after acquiring an additional 132 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in TransUnion by 14.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,188 shares of the business services provider’s stock valued at $82,000 after purchasing an additional 152 shares during the last quarter. Raiffeisen Bank International AG grew its holdings in TransUnion by 2.0% during the 2nd quarter. Raiffeisen Bank International AG now owns 9,468 shares of the business services provider’s stock valued at $680,000 after purchasing an additional 187 shares during the last quarter. Applied Finance Capital Management LLC grew its holdings in TransUnion by 4.7% during the 1st quarter. Applied Finance Capital Management LLC now owns 4,576 shares of the business services provider’s stock valued at $317,000 after purchasing an additional 204 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in TransUnion by 26.7% in the 1st quarter. Parallel Advisors LLC now owns 1,050 shares of the business services provider’s stock worth $73,000 after purchasing an additional 221 shares during the period.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications.

The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.

Founded in 1968, TransUnion is headquartered in Chicago and serves customers in more than 30 countries.