TransUnion (NYSE:TRU) PT Raised to $90.00 at Morgan Stanley

TransUnion (NYSE:TRU - Get Free Report) had its price objective hoisted by equities researchers at Morgan Stanley from $87.00 to $90.00 in a research note issued to investors on Friday, 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 20.85% from the company's previous close.

TRU has been the subject of several other research reports. Bank of America raised TransUnion from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $65.00 to $90.00 in a research report on Monday, April 1st. Evercore ISI upped their price target on shares of TransUnion from $70.00 to $80.00 and gave the company an "in-line" rating in a research report on Tuesday, March 26th. Stifel Nicolaus lifted their price target on shares of TransUnion from $83.00 to $92.00 and gave the stock a "buy" rating in a research note on Friday. The Goldman Sachs Group lifted their price target on shares of TransUnion from $63.00 to $72.00 and gave the stock a "neutral" rating in a research note on Friday, December 29th. Finally, Wells Fargo & Company boosted their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an "overweight" rating in a report on Wednesday, February 14th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, TransUnion has a consensus rating of "Moderate Buy" and an average target price of $83.60.

TransUnion Price Performance

Shares of NYSE TRU traded up $0.18 during trading on Friday, reaching $74.47. The company had a trading volume of 1,873,346 shares, compared to its average volume of 1,713,301. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market cap of $14.46 billion, a PE ratio of -50.40, a PEG ratio of 1.06 and a beta of 1.61. The business's 50 day moving average price is $76.33 and its 200-day moving average price is $67.88. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75.

TransUnion (NYSE:TRU - Get Free Report) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. Analysts expect that TransUnion will post 3.31 earnings per share for the current year.

Insider Activity

In related news, EVP Timothy J. Martin sold 12,000 shares of the firm's stock in a transaction dated 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 sale, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Steven M. Chaouki sold 1,775 shares of the firm's stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy J. Martin sold 12,000 shares of the firm'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. Insiders sold 15,275 shares of company stock worth $1,204,538 over the last three months. Insiders own 0.22% of the company's stock.

Institutional Trading of TransUnion

Several large investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of TransUnion during the third quarter worth approximately $1,063,000. Simplicity Solutions LLC boosted its holdings in TransUnion by 5.3% in the third quarter. Simplicity Solutions LLC now owns 15,126 shares of the business services provider's stock worth $1,086,000 after purchasing an additional 764 shares during the period. Copeland Capital Management LLC boosted its holdings in TransUnion by 0.4% in the third quarter. Copeland Capital Management LLC now owns 351,413 shares of the business services provider's stock worth $25,228,000 after purchasing an additional 1,471 shares during the period. Commonwealth Equity Services LLC lifted its stake in TransUnion by 11.7% in the third quarter. Commonwealth Equity Services LLC now owns 111,040 shares of the business services provider's stock valued at $7,972,000 after buying an additional 11,607 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in TransUnion by 12.6% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 44,535 shares of the business services provider's stock valued at $3,197,000 after buying an additional 5,000 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.