TransUnion (NYSE:TRU) Price Target Increased to $90.00 by Analysts at Oppenheimer

TransUnion (NYSE:TRU - Free Report) had its price objective hoisted by Oppenheimer from $81.00 to $90.00 in a research report released on Tuesday morning, Benzinga reports. Oppenheimer currently has an outperform rating on the business services provider's stock.

TRU has been the topic of several other research reports. JPMorgan Chase & Co. raised their target price on shares of TransUnion from $69.00 to $84.00 and gave the company an overweight rating in a research note on Wednesday, February 14th. Evercore ISI boosted their target price on TransUnion from $70.00 to $80.00 and gave the stock an in-line rating in a report on Tuesday, March 26th. Truist Financial upped their target price on TransUnion from $65.00 to $75.00 and gave the stock a hold rating in a research report on Wednesday, February 14th. Royal Bank of Canada reiterated an outperform rating and set a $85.00 price target on shares of TransUnion in a research report on Wednesday, February 14th. Finally, Stifel Nicolaus boosted their price objective on TransUnion from $76.00 to $83.00 and gave the stock a buy rating in a research note on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $81.47.

TransUnion Stock Performance

NYSE TRU traded up $0.91 on Tuesday, hitting $79.72. The stock had a trading volume of 1,078,131 shares, compared to its average volume of 1,588,209. The company's 50-day moving average is $76.31 and its two-hundred day moving average is $67.84. TransUnion has a one year low of $42.09 and a one year high of $82.75. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of -53.50, a P/E/G ratio of 1.20 and a beta of 1.61. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. The business had revenue of $954.00 million during the quarter, compared to the consensus estimate of $927.04 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The business's revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 earnings per share. On average, analysts expect that TransUnion will post 3.3 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were issued a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.53%. TransUnion's dividend payout ratio is currently -28.19%.

Insider Activity at TransUnion

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares of the company's stock, valued at approximately $1,720,777.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of the company's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,275 shares of company stock worth $1,204,538. 0.28% of the stock is owned by corporate insiders.

Institutional Trading of TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of TRU. Capital International Investors acquired a new stake in TransUnion in the fourth quarter valued at approximately $663,001,000. Massachusetts Financial Services Co. MA lifted its position in shares of TransUnion by 570.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,029,897 shares of the business services provider's stock worth $483,024,000 after buying an additional 5,981,271 shares during the last quarter. Norges Bank bought a new stake in shares of TransUnion during the 4th quarter worth about $119,620,000. Meritage Group LP increased its holdings in shares of TransUnion by 56.5% during the 4th quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider's stock valued at $345,640,000 after acquiring an additional 1,815,540 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of TransUnion by 12.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,668,211 shares of the business services provider's stock valued at $718,921,000 after acquiring an additional 1,404,564 shares in 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.