TransUnion (NYSE:TRU) Rating Reiterated by Needham & Company LLC

TransUnion (NYSE:TRU)‘s stock had its “hold” rating reaffirmed by Needham & Company LLC in a research report issued on Thursday, Benzinga reports.

Several other brokerages have also recently issued reports on TRU. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research report on Thursday, October 10th. Morgan Stanley raised their price objective on TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a research report on Thursday, September 12th. The Goldman Sachs Group boosted their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Robert W. Baird raised 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. Finally, Barclays boosted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $104.53.

TransUnion Stock Performance

TRU stock opened at $103.63 on Thursday. TransUnion has a 1-year low of $42.09 and a 1-year high of $113.17. The business has a 50-day moving average price of $101.57 and a 200 day moving average price of $85.69. The company has a market capitalization of $20.12 billion, a P/E ratio of -72.47, a PEG ratio of 1.38 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the business posted $0.80 EPS. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts forecast that TransUnion will post 3.46 EPS for the current fiscal year.

Insider Activity

In related news, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,715 shares of company stock valued at $1,299,729. Company insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TRU. Massachusetts Financial Services Co. MA boosted its position in TransUnion by 32.2% in the 2nd 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. Price T Rowe Associates Inc. MD grew its position in TransUnion by 51.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares during the period. Van ECK Associates Corp grew its position in TransUnion by 12.1% during the first quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock valued at $424,288,000 after buying an additional 572,121 shares during the period. Meritage Group LP increased its holdings in TransUnion by 2.3% in the first quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock valued at $410,771,000 after buying an additional 117,086 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of TransUnion by 2.3% in the first quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider’s stock worth $364,436,000 after acquiring an additional 102,841 shares during the period.

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.