TransUnion (NYSE:TRU) PT Raised to $125.00

TransUnion (NYSE:TRU) had its target price lifted by Wells Fargo & Company from $100.00 to $125.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 17.24% from the company’s current price.

A number of other analysts have also recently weighed in on the company. Morgan Stanley increased their price objective on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Oppenheimer boosted their target price on TransUnion from $90.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Needham & Company LLC cut shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Barclays raised their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, Wolfe Research initiated coverage on TransUnion in a research note on Tuesday, July 9th. They issued a “peer perform” rating on the stock. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $95.44.

TransUnion Stock Performance

NYSE:TRU opened at $106.62 on Wednesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a market capitalization of $20.72 billion, a P/E ratio of -74.56, a PEG ratio of 1.39 and a beta of 1.62. The company has a 50 day moving average price of $95.09 and a 200 day moving average price of $82.45. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $106.68.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the company posted $0.76 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. Equities research analysts forecast that TransUnion will post 3.44 EPS for the current year.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the transaction, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. The disclosure for this sale can be found here. Insiders sold a total of 26,580 shares of company stock valued at $2,328,929 over the last 90 days. 0.22% of the stock is owned by company insiders.

Institutional Trading of TransUnion

A number of hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC increased its holdings in TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the last quarter. GAMMA Investing LLC grew its holdings in TransUnion by 32.9% during the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares during the last quarter. Quarry LP grew its holdings in TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. Blue Trust Inc. grew its stake in shares of TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after acquiring an additional 523 shares during the last quarter. Finally, National Bank of Canada FI grew its stake in shares of TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after acquiring an additional 166 shares during the last quarter.

TransUnion Company Profile

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.