TransUnion (NYSE:TRU) Price Target Lowered to $112.00 at Oppenheimer

TransUnion (NYSE:TRU) had its target price cut by Oppenheimer from $115.00 to $112.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have an outperform rating on the business services provider’s stock.

A number of other research firms also recently commented on TRU. Morgan Stanley increased their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research note on Thursday, October 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Barclays boosted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, The Goldman Sachs Group raised their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus price target of $106.88.

TransUnion Stock Performance

TRU opened at $90.07 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $17.55 billion, a price-to-earnings ratio of 78.32, a PEG ratio of 1.37 and a beta of 1.62. The company has a fifty day moving average of $98.04 and a 200 day moving average of $94.71. TransUnion has a fifty-two week low of $65.65 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 earnings per share. As a group, sell-side analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

Insider Buying and Selling at TransUnion

In related news, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction 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 sale, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. This trade represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,090 shares of company stock valued at $1,916,758 in the last ninety days. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On TransUnion

A number of hedge funds have recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA raised its holdings in TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after purchasing an additional 3,977,595 shares in the last quarter. FMR LLC lifted its position in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after acquiring an additional 3,427,199 shares during the last quarter. XN LP grew its holdings in TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after purchasing an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of TransUnion during the third quarter worth $92,661,000. Finally, Wellington Management Group LLP lifted its holdings in shares of TransUnion by 16.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after purchasing an additional 635,581 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.