TransUnion (NYSE:TRU) Stock Has Consensus Price Target of $90.69 According to Analysts

Shares of TransUnion (NYSE:TRU) have been given an average rating of “Moderate Buy” by the seventeen research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $90.69.

Several equities analysts have commented on the company. Needham & Company LLC upped their price target on TransUnion from $85.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, October 28th. UBS Group lifted their price objective on TransUnion from $75.00 to $83.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Barclays lowered their price objective on TransUnion from $85.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Friday, October 2nd. Robert W. Baird set a $99.00 target price on TransUnion in a research note on Wednesday, October 28th. Finally, BNP Paribas Exane raised TransUnion from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 28th.

TransUnion Stock Up 3.1%

Shares of TRU stock opened at $79.16 on Friday. TransUnion has a 12 month low of $60.96 and a 12 month high of $89.12. The firm has a market cap of $15.10 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 1.35 and a beta of 1.58. The stock has a 50 day moving average of $74.39 and a 200-day moving average of $74.23. The company has a quick ratio of 1.90, a current ratio of 2.03 and a debt-to-equity ratio of 1.07.

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

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be paid a $0.1350 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from TransUnion’s previous quarterly dividend of $0.1250. TransUnion’s dividend payout ratio is currently 12.17%.

Insider Buying and Selling

In related news, EVP Venkat Achanta sold 23,287 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $77.00, for a total value of $1,793,099.00. Following the sale, the executive vice president owned 196,912 shares of the company’s stock, valued at $15,162,224. The trade was a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mohamed Abdelsadek sold 397 shares of the company’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $75.00, for a total transaction of $29,775.00. Following the completion of the sale, the executive vice president directly owned 52,284 shares in the company, valued at approximately $3,921,300. The trade was a 0.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 39,427 shares of company stock worth $3,044,648. Insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Several institutional investors have recently added to or reduced their stakes in TRU. BlackRock Inc. bought a new stake in shares of TransUnion in the second quarter valued at approximately $1,367,560,000. Ninety One UK Ltd increased its stake in TransUnion by 20.6% during the 3rd quarter. Ninety One UK Ltd now owns 4,044,338 shares of the business services provider’s stock worth $247,190,000 after acquiring an additional 689,649 shares during the period. Jupiter Topco LLC bought a new position in TransUnion during the 2nd quarter worth $280,292,000. Janus Henderson Group PLC increased its stake in TransUnion by 8.5% during the 1st quarter. Janus Henderson Group PLC now owns 3,740,326 shares of the business services provider’s stock worth $258,794,000 after acquiring an additional 293,091 shares during the period. Finally, Meritage Group LP acquired a new position in TransUnion in the 2nd quarter valued at $263,751,000.

TransUnion Company Profile

TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.