TransUnion (NYSE:TRU) Receives $91.60 Consensus PT from Brokerages

TransUnion (NYSE:TRU) has received a consensus recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $91.60.

A number of research firms have commented on TRU. JPMorgan Chase & Co. decreased their price objective on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Robert W. Baird set a $108.00 price target on shares of TransUnion in a research report on Wednesday, April 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $95.00 price target on shares of TransUnion in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Bank of America dropped their price objective on shares of TransUnion from $83.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th.

TransUnion Price Performance

Shares of TRU opened at $77.13 on Thursday. The firm has a market cap of $14.87 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.37 and a beta of 1.55. The stock has a 50 day moving average of $72.06 and a 200-day moving average of $73.63. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 1.10. TransUnion has a 52 week low of $63.37 and a 52 week high of $99.39.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share 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 business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the business earned $1.05 EPS. The business’s quarterly revenue was up 13.7% on a year-over-year basis. As a group, analysts forecast that TransUnion will post 4.14 EPS for the current year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Wednesday, May 27th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. TransUnion’s dividend payout ratio is 13.85%.

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $72.64, for a total value of $726,400.00. Following the sale, the insider owned 89,906 shares of the company’s stock, valued at approximately $6,530,771.84. This trade represents a 10.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Todd C. Skinner sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $72.64, for a total value of $72,640.00. Following the transaction, the insider owned 64,634 shares of the company’s stock, valued at $4,695,013.76. This represents a 1.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 30,155 shares of company stock valued at $2,177,102 over the last quarter. Company insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of TRU. Eagle Bay Advisors LLC acquired a new stake in shares of TransUnion in the 4th quarter worth about $25,000. Geneos Wealth Management Inc. boosted its stake 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 purchasing an additional 290 shares during the period. True Wealth Design LLC boosted its stake in TransUnion by 200.8% during the 4th quarter. True Wealth Design LLC now owns 367 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 245 shares during the period. Cornerstone Planning Group LLC grew its position in TransUnion by 130.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock worth $32,000 after purchasing an additional 220 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new position in TransUnion in the 3rd quarter worth about $36,000.

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.