TransUnion (NYSE:TRU) Price Target Raised to $109.00

TransUnion (NYSE:TRU) had its price objective lifted by The Goldman Sachs Group from $97.00 to $109.00 in a research report report published on Wednesday, Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the business services provider’s stock.

Other analysts have also recently issued research reports about the stock. UBS Group started coverage on shares of TransUnion in a research note on Tuesday. They issued a neutral rating and a $110.00 price objective for the company. Wells Fargo & Company lifted their price target on shares of TransUnion from $100.00 to $125.00 and gave the company an overweight rating in a report on Wednesday. Morgan Stanley upped their price objective on TransUnion from $96.00 to $103.00 and gave the company an overweight rating in a research note on Thursday, September 12th. Royal Bank of Canada boosted their target price on shares of TransUnion from $85.00 to $106.00 and gave the company an outperform rating in a report on Friday, July 26th. Finally, Wolfe Research began coverage on shares of TransUnion in a research report on Tuesday, July 9th. They set a peer perform rating on the stock. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $95.44.

TransUnion Trading Down 1.8 %

Shares of NYSE TRU opened at $104.70 on Wednesday. The company has a 50-day moving average of $95.91 and a two-hundred day moving average of $82.80. The company has a market cap of $20.33 billion, a PE ratio of -73.22, a P/E/G ratio of 1.41 and a beta of 1.62. TransUnion has a 1-year low of $42.09 and a 1-year high of $107.46. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm posted $0.76 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, equities analysts expect that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.40%. TransUnion’s dividend payout ratio is -29.37%.

Insiders Place Their Bets

In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of TransUnion stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares of the company’s stock, valued at approximately $8,114,080. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,580 shares of company stock worth $2,328,929 in the last three months. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

A number of large investors have recently modified their holdings of TRU. Elo Mutual Pension Insurance Co grew its stake in shares of TransUnion by 0.7% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after buying an additional 123 shares during the period. Cornerstone Investment Partners LLC lifted its position in shares of TransUnion by 1.4% during the first quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock worth $765,000 after purchasing an additional 135 shares in the last quarter. GAMMA Investing LLC boosted its position in TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after buying an additional 142 shares during the period. V Square Quantitative Management LLC grew its stake in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after purchasing an additional 165 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in TransUnion by 22.3% during the 2nd 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 in 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.