TransUnion (NYSE:TRU) Upgraded by Wall Street Zen to "Buy" Rating

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

Several other research analysts also recently issued reports on the company. Stifel Nicolaus lowered their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Wells Fargo & Company lowered their price objective on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Bank of America initiated coverage on TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price objective for the company. Barclays lowered their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. Finally, William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and an average target price of $109.69.

TransUnion Price Performance

NYSE:TRU opened at $91.61 on Friday. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. 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 firm has a fifty day simple moving average of $86.75 and a 200 day simple moving average of $87.76. The stock has a market capitalization of $17.87 billion, a PE ratio of 48.73, a P/E/G ratio of 2.53 and a beta of 1.63.

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

Insider Buying and Selling

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 stock was sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the transaction, the insider owned 74,393 shares in the company, valued at $6,482,606.02. This trade represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 3,000 shares of company stock valued at $255,010. 0.22% of the stock is owned by company insiders.

Institutional Trading of TransUnion

Large investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its position in shares of TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock valued at $64,945,000 after acquiring an additional 22,826 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of TransUnion by 62.1% during the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock valued at $194,000 after acquiring an additional 803 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of TransUnion by 39.5% during the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock valued at $29,253,000 after acquiring an additional 89,340 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of TransUnion by 28.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock valued at $68,000 after acquiring an additional 164 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of TransUnion during the 4th quarter valued at about $16,002,000.

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.

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