TransUnion (NYSE:TRU - Get Free Report) was upgraded by stock analysts at Bank of America from an "underperform" rating to a "neutral" rating in a report issued on Monday, MarketBeat.com reports. The brokerage presently has a $90.00 target price on the business services provider's stock, up from their prior target price of $65.00. Bank of America's target price suggests a potential upside of 13.79% from the company's current price.
Several other brokerages have also recently issued reports on TRU. Needham & Company LLC lifted their price objective on TransUnion from $75.00 to $87.00 and gave the stock a "buy" rating in a report on Tuesday, February 13th. Stifel Nicolaus upped their price objective on TransUnion from $76.00 to $83.00 and gave the company a "buy" rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. upped their price objective on TransUnion from $69.00 to $84.00 and gave the company an "overweight" rating in a research report on Wednesday, February 14th. Wells Fargo & Company upped their price objective on TransUnion from $80.00 to $85.00 and gave the company an "overweight" rating in a research report on Wednesday, February 14th. Finally, The Goldman Sachs Group upped their price objective on TransUnion from $63.00 to $72.00 and gave the company a "neutral" rating in a research report on Friday, December 29th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $80.87.
Check Out Our Latest Analysis on TransUnion
TransUnion Price Performance
Shares of TransUnion stock traded down $0.71 during trading on Monday, reaching $79.09. The company's stock had a trading volume of 740,395 shares, compared to its average volume of 1,605,435. 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 has a 12-month low of $42.09 and a 12-month high of $82.75. The company has a market capitalization of $15.36 billion, a P/E ratio of -53.08, a price-to-earnings-growth ratio of 1.24 and a beta of 1.61. The business has a 50 day moving average price of $75.26 and a 200-day moving average price of $67.77.
TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The firm had revenue of $954.00 million for the quarter, compared to the consensus estimate of $927.04 million. During the same period in the previous year, the business earned $0.70 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that TransUnion will post 3.3 EPS for the current year.
Insider Buying and Selling
In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the company's stock in a transaction dated Tuesday, March 5th. The stock was 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the company's stock in a transaction dated Tuesday, March 5th. The stock was 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Dane Mauldin sold 1,500 shares of the company's stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares of the company's stock, valued at $1,720,777.30. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On TransUnion
A number of large investors have recently modified their holdings of TRU. Raymond James Financial Services Advisors Inc. grew its stake in shares of TransUnion by 1.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 13,272 shares of the business services provider's stock valued at $1,372,000 after buying an additional 207 shares in the last quarter. American Century Companies Inc. grew its stake in shares of TransUnion by 52.4% in the first quarter. American Century Companies Inc. now owns 8,374 shares of the business services provider's stock valued at $865,000 after buying an additional 2,880 shares in the last quarter. Roundview Capital LLC grew its stake in shares of TransUnion by 1.3% in the first quarter. Roundview Capital LLC now owns 20,949 shares of the business services provider's stock valued at $2,165,000 after buying an additional 272 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of TransUnion by 50.9% in the first quarter. HighTower Advisors LLC now owns 6,551 shares of the business services provider's stock valued at $673,000 after buying an additional 2,211 shares in the last quarter. Finally, MetLife Investment Management LLC acquired a new stake in shares of TransUnion in the first quarter valued at about $1,000,000.
About TransUnion
(
Get Free Report)
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.
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