Oppenheimer Raises TransUnion (NYSE:TRU) Price Target to $108.00

TransUnion (NYSE:TRU - Get Free Report) had its price target boosted by research analysts at Oppenheimer from $100.00 to $108.00 in a report released on Tuesday,Benzinga reports. The firm presently has an "outperform" rating on the business services provider's stock. Oppenheimer's price target suggests a potential upside of 15.51% from the company's current price.

Other equities research analysts have also recently issued reports about the company. Stifel Nicolaus cut their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Bank of America began coverage on TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price on the stock. Wall Street Zen raised TransUnion from a "hold" rating to a "buy" rating in a research note on Saturday. Barclays dropped their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Finally, Wells Fargo & Company dropped 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.31.

TransUnion Trading Up 0.8%

NYSE TRU traded up $0.76 during trading on Tuesday, hitting $93.50. The company had a trading volume of 1,221,047 shares, compared to its average volume of 1,804,272. The company's fifty day moving average is $87.16 and its 200-day moving average is $87.70. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.13. The company has a market cap of $18.24 billion, a price-to-earnings ratio of 49.73, a price-to-earnings-growth ratio of 2.52 and a beta of 1.63. TransUnion has a one year low of $66.38 and a one year high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company earned $0.92 earnings per share. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. On average, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current year.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the transaction, the insider owned 74,393 shares of the company's stock, valued at approximately $6,482,606.02. The trade was a 1.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 3,000 shares of company stock worth $255,010. Insiders own 0.25% of the company's stock.

Institutional Investors Weigh In On TransUnion

Several hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock valued at $26,000 after buying an additional 290 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of TransUnion by 132.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider's stock valued at $31,000 after purchasing an additional 199 shares during the period. Fifth Third Bancorp increased its holdings in shares of TransUnion by 105.3% in the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock valued at $35,000 after purchasing an additional 217 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of TransUnion by 301.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 413 shares of the business services provider's stock valued at $36,000 after purchasing an additional 310 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of TransUnion in the fourth quarter valued at about $40,000.

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.