TransUnion (NYSE:TRU) Given New $94.00 Price Target at Robert W. Baird

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

A number of other brokerages have also commented on TRU. Stifel Nicolaus lifted their price target on TransUnion from $76.00 to $83.00 and gave the company a buy rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. lifted their price target on TransUnion from $69.00 to $84.00 and gave the company an overweight rating in a research note on Wednesday, February 14th. Bank of America raised TransUnion from an underperform rating to a neutral rating and lifted their price target for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Truist Financial lifted their price target on TransUnion from $65.00 to $75.00 and gave the company a hold rating in a research note on Wednesday, February 14th. Finally, Oppenheimer lifted their price target on TransUnion from $81.00 to $90.00 and gave the company an outperform rating in a research note on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $83.60.

TransUnion Stock Up 0.3 %

Shares of NYSE TRU opened at $74.49 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75. The stock has a market capitalization of $14.47 billion, a P/E ratio of -52.08, a PEG ratio of 1.14 and a beta of 1.61. The stock’s fifty day moving average is $76.32 and its 200 day moving average is $67.91.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.22% and a negative net margin of 7.02%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. Sell-side analysts forecast that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a $0.105 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Insiders sold 15,275 shares of company stock worth $1,204,538 in the last quarter. 0.22% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On TransUnion

Institutional investors and hedge funds have recently bought and sold shares of the business. Nisa Investment Advisors LLC lifted its holdings in TransUnion by 11.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock worth $487,000 after buying an additional 715 shares during the period. Lecap Asset Management Ltd. purchased a new position in shares of TransUnion in the 4th quarter valued at approximately $1,006,000. Heron Bay Capital Management lifted its stake in shares of TransUnion by 37.3% in the 4th quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock valued at $11,850,000 after purchasing an additional 46,826 shares during the period. SG Americas Securities LLC lifted its stake in shares of TransUnion by 204.6% in the 4th quarter. SG Americas Securities LLC now owns 45,126 shares of the business services provider’s stock valued at $3,101,000 after purchasing an additional 30,312 shares during the period. Finally, DAVENPORT & Co LLC raised its stake in TransUnion by 607.6% during the fourth quarter. DAVENPORT & Co LLC now owns 20,917 shares of the business services provider’s stock valued at $1,446,000 after buying an additional 17,961 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.