TransUnion (NYSE:TRU) Receives $107.06 Consensus Target Price from Brokerages

Shares of TransUnion (NYSE:TRU) have been given a consensus rating of “Moderate Buy” by the sixteen analysts that are covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $107.06.

A number of brokerages recently weighed in on TRU. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley boosted their target price on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Robert W. Baird increased their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now directly owns 62,988 shares in the company, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George M. Awad sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,590 shares of company stock worth $2,084,633. 0.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. increased its position in shares of TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in TransUnion by 12.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after purchasing an additional 140,952 shares in the last quarter. FMR LLC raised its position in TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after purchasing an additional 3,427,199 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of TransUnion by 3.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider’s stock worth $6,673,000 after purchasing an additional 2,713 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in shares of TransUnion in the second quarter worth about $493,000.

TransUnion Stock Performance

Shares of TRU opened at $93.69 on Wednesday. The company has a market capitalization of $18.26 billion, a price-to-earnings ratio of 81.47, a price-to-earnings-growth ratio of 1.37 and a beta of 1.60. TransUnion has a 52-week low of $63.03 and a 52-week high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a 50 day moving average price of $100.45 and a 200 day moving average price of $93.34.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS. Research analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

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.