Wall Street Zen Downgrades TransUnion (NYSE:TRU) to Hold

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

Several other analysts also recently issued reports on the company. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Wells Fargo & Company decreased their price target on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Barclays lowered their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. BMO Capital Markets raised shares of TransUnion to a "strong-buy" rating in a research note on Thursday, July 10th. Finally, Bank of America initiated coverage on shares of TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, TransUnion currently has a consensus rating of "Moderate Buy" and an average target price of $110.64.

TransUnion Price Performance

NYSE:TRU traded up $0.76 during mid-day trading on Friday, hitting $93.72. 1,504,739 shares of the company's stock traded hands, compared to its average volume of 1,823,278. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market cap of $18.28 billion, a PE ratio of 49.85, a price-to-earnings-growth ratio of 2.54 and a beta of 1.63. The firm's 50 day simple moving average is $88.39 and its 200 day simple moving average is $87.65. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17.

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

Insider Transactions at TransUnion

In other 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 transaction, the insider directly owned 74,393 shares in the company, valued at $6,482,606.02. This trade represents a 1.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 3,000 shares of company stock worth $255,010 over the last ninety days. 0.22% of the stock is currently owned by insiders.

Institutional Trading of TransUnion

Institutional investors and hedge funds have recently bought and sold shares of the business. Townsquare Capital LLC increased its holdings in TransUnion by 1.0% in the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock valued at $956,000 after purchasing an additional 100 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of TransUnion by 5.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock valued at $245,000 after buying an additional 139 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of TransUnion by 2.2% in the second quarter. Park Avenue Securities LLC now owns 7,193 shares of the business services provider's stock valued at $633,000 after buying an additional 155 shares in the last quarter. Integrated Investment Consultants LLC raised its holdings in shares of TransUnion by 1.4% during the 1st quarter. Integrated Investment Consultants LLC now owns 11,380 shares of the business services provider's stock valued at $944,000 after buying an additional 162 shares during the period. Finally, Huntington National Bank lifted its position in TransUnion by 58.7% during the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares in the last quarter.

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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