TransUnion (NYSE:TRU) Given New $127.00 Price Target at Morgan Stanley

TransUnion (NYSE:TRU) had its price target cut by research analysts at Morgan Stanley from $130.00 to $127.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. Morgan Stanley’s price objective would indicate a potential upside of 31.20% from the stock’s previous close.

Other analysts also recently issued reports about the company. UBS Group started coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective for the company. Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company dropped their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Jefferies Financial Group reduced their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.00.

TransUnion Trading Down 1.4 %

TRU opened at $96.80 on Tuesday. 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’s fifty day moving average is $95.92 and its two-hundred day moving average is $96.65. The company has a market capitalization of $18.87 billion, a P/E ratio of 84.17, a PEG ratio of 1.16 and a beta of 1.62. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares of the company’s stock, valued at $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 SEC, which is available through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,090 shares of company stock worth $1,916,758. 0.28% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TransUnion

Hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp boosted its position in TransUnion by 7.4% in the 4th quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock worth $476,493,000 after purchasing an additional 356,306 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in TransUnion by 43.9% during the fourth quarter. Summit Trail Advisors LLC now owns 2,853 shares of the business services provider’s stock worth $265,000 after buying an additional 870 shares in the last quarter. Arlington Partners LLC boosted its holdings in TransUnion by 4.8% during the fourth quarter. Arlington Partners LLC now owns 45,395 shares of the business services provider’s stock worth $4,209,000 after buying an additional 2,073 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in TransUnion by 10.7% during the fourth quarter. Kestra Private Wealth Services LLC now owns 6,819 shares of the business services provider’s stock valued at $632,000 after buying an additional 657 shares during the period. Finally, Entropy Technologies LP purchased a new position in TransUnion in the fourth quarter valued at $748,000.

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.