Brokerages Set TransUnion (NYSE:TRU) Target Price at $109.69

Shares of TransUnion (NYSE:TRU - Get Free Report) have been assigned an average rating of "Moderate Buy" from the fourteen analysts that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and nine have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $109.69.

TRU has been the topic of several research analyst reports. Wells Fargo & Company lowered their price objective on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Barclays reduced their price target on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. UBS Group increased their price objective on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Finally, Stifel Nicolaus decreased their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total transaction of $82,960.00. Following the completion of the sale, the insider now directly owns 76,393 shares in the company, valued at approximately $6,337,563.28. The trade was a 1.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TransUnion

Several large investors have recently bought and sold shares of the company. Strs Ohio purchased a new stake in TransUnion during the 1st quarter worth approximately $1,168,000. Geneos Wealth Management Inc. grew its position in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock valued at $26,000 after purchasing an additional 290 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of TransUnion by 5.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,351,491 shares of the business services provider's stock valued at $112,160,000 after purchasing an additional 69,559 shares in the last quarter. Woodline Partners LP purchased a new stake in shares of TransUnion in the first quarter valued at approximately $16,217,000. Finally, Everstar Asset Management LLC purchased a new stake in shares of TransUnion in the first quarter valued at approximately $2,373,000.

TransUnion Stock Performance

NYSE:TRU traded down $0.35 during mid-day trading on Friday, hitting $85.61. 158,980 shares of the company traded hands, compared to its average volume of 1,698,727. The stock's fifty day moving average price is $81.70 and its 200-day moving average price is $90.10. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a market cap of $16.70 billion, a price-to-earnings ratio of 58.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.07. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. TransUnion's revenue for the quarter was up 7.3% on a year-over-year basis. Research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be issued a $0.115 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. TransUnion's payout ratio is 24.47%.

TransUnion declared that its board has authorized a share repurchase program on Thursday, February 13th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

About TransUnion

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.