TransUnion (NYSE:TRU) Price Target Raised to $80.00

TransUnion (NYSE:TRU) had its price target raised by investment analysts at Evercore ISI from $70.00 to $80.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has an “in-line” rating on the business services provider’s stock. Evercore ISI’s price target suggests a potential upside of 1.78% from the stock’s previous close.

Several other research firms also recently commented on TRU. Jefferies Financial Group upped their target price on TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Needham & Company LLC upped their target price on TransUnion from $75.00 to $87.00 and gave the company a “buy” rating in a research report on Tuesday, February 13th. Robert W. Baird increased their price target on TransUnion from $80.00 to $87.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. Royal Bank of Canada reissued an “outperform” rating and set a $85.00 price target on shares of TransUnion in a research report on Wednesday, February 14th. Finally, Stifel Nicolaus increased their price target on TransUnion from $76.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, TransUnion has an average rating of “Moderate Buy” and a consensus price target of $77.80.

TransUnion Stock Performance

TRU opened at $78.60 on Tuesday. TransUnion has a 52-week low of $42.09 and a 52-week high of $82.75. The firm has a market capitalization of $15.27 billion, a PE ratio of -52.75, a PEG ratio of 1.22 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The business’s 50-day simple moving average is $74.62 and its 200 day simple moving average is $67.88.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The business had revenue of $954.00 million for the quarter, compared to analyst estimates of $927.04 million. During the same quarter in the prior year, the company posted $0.70 earnings per share. TransUnion’s revenue was up 5.8% on a year-over-year basis. As a group, sell-side analysts expect that TransUnion will post 3.3 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at approximately $4,284,883.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the transaction, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the sale, the executive vice president now owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Institutional Trading of TransUnion

A number of large investors have recently bought and sold shares of TRU. Raymond James Financial Services Advisors Inc. grew its stake in shares of TransUnion by 1.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 13,272 shares of the business services provider’s stock valued at $1,372,000 after buying an additional 207 shares during the period. American Century Companies Inc. grew its stake in shares of TransUnion by 52.4% in the 1st quarter. American Century Companies Inc. now owns 8,374 shares of the business services provider’s stock valued at $865,000 after buying an additional 2,880 shares during the period. Roundview Capital LLC grew its stake in shares of TransUnion by 1.3% in the 1st quarter. Roundview Capital LLC now owns 20,949 shares of the business services provider’s stock valued at $2,165,000 after buying an additional 272 shares during the period. HighTower Advisors LLC lifted its position in TransUnion by 50.9% in the 1st quarter. HighTower Advisors LLC now owns 6,551 shares of the business services provider’s stock valued at $673,000 after acquiring an additional 2,211 shares in the last quarter. Finally, MetLife Investment Management LLC bought a new position in TransUnion in the 1st quarter valued at about $1,000,000.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.