TransUnion (NYSE:TRU) PT Raised to $92.00 at Stifel Nicolaus

TransUnion (NYSE:TRU) had its price objective raised by Stifel Nicolaus from $83.00 to $92.00 in a research note released on Friday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the business services provider’s stock.

TRU has been the topic of a number of other research reports. StockNews.com raised shares of TransUnion from a sell rating to a hold rating in a report on Tuesday, January 23rd. Truist Financial increased their price target on TransUnion from $65.00 to $75.00 and gave the stock a hold rating in a research note on Wednesday, February 14th. Needham & Company LLC lifted their price objective on TransUnion from $87.00 to $89.00 and gave the stock a buy rating in a report on Thursday, April 25th. Bank of America raised shares of TransUnion from an underperform rating to a neutral rating and upped their price objective for the company from $65.00 to $90.00 in a report on Monday, April 1st. Finally, Robert W. Baird increased their target price on shares of TransUnion from $87.00 to $94.00 and gave the stock an outperform rating in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $83.60.

TransUnion Trading Up 1.9 %

Shares of TransUnion stock opened at $75.91 on Friday. The firm has a market cap of $14.74 billion, a PE ratio of -53.08, a P/E/G ratio of 1.11 and a beta of 1.61. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. The stock has a fifty day moving average price of $76.33 and a 200-day moving average price of $67.90.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. Equities research analysts anticipate that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s payout ratio is -29.37%.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The disclosure for this sale can be found here. Insiders sold 15,275 shares of company stock worth $1,204,538 in the last three months. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On TransUnion

A number of large investors have recently added to or reduced their stakes in TRU. Headlands Technologies LLC bought a new position in shares of TransUnion during the 3rd quarter valued at about $27,000. GAMMA Investing LLC purchased a new position in shares of TransUnion during the fourth quarter worth approximately $30,000. Westpac Banking Corp lifted its holdings in shares of TransUnion by 100.0% in the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after acquiring an additional 454 shares during the last quarter. CENTRAL TRUST Co boosted its stake in shares of TransUnion by 569.3% in the 3rd quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 797 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of TransUnion by 48.6% during the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 337 shares during the last quarter.

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.