TransUnion (NYSE:TRU) Upgraded to Buy at Wall Street Zen

Key Points

• TransUnion has been upgraded from a "hold" to a "buy" rating by Wall Street Zen, indicating a positive outlook from analysts.
• Several analysts have modified their price targets for TransUnion, with Oppenheimer raising it to $108.00, while Barclays cut theirs to $85.00.
• TransUnion reported $1.08 earnings per share, exceeding expectations, and showing a 9.5% revenue increase compared to the previous year.

TransUnion (NYSE:TRU - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts also recently commented on TRU. Wells Fargo & Company lowered their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a research note on Friday. UBS Group reiterated a "neutral" rating and set a $105.00 price objective (up from $98.00) on shares of TransUnion in a research note on Friday. Stifel Nicolaus decreased their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Bank of America began coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price for the company. Finally, Barclays decreased their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average price target of $112.46.

TransUnion Trading Down 0.4%

NYSE TRU traded down $0.40 during trading on Friday, hitting $97.92. The stock had a trading volume of 322,242 shares, compared to its average volume of 2,073,625. The stock has a market capitalization of $19.10 billion, a price-to-earnings ratio of 48.96, a P/E/G ratio of 2.71 and a beta of 1.63. The stock has a 50 day simple moving average of $88.90 and a 200 day simple moving average of $87.82. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the company posted $0.99 earnings per share. TransUnion's revenue was up 9.5% compared to the same quarter last year. Sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current year.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the transaction, the insider directly owned 74,393 shares in the company, valued at approximately $6,482,606.02. This trade represents a 1.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 3,000 shares of company stock worth $255,010. Company insiders own 0.25% of the company's stock.

Institutional Investors Weigh In On TransUnion

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in 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 during the period. Generali Asset Management SPA SGR purchased a new stake in TransUnion in the second quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB grew its holdings in 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 grew its holdings in 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. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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.

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.