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

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

TRU has been the topic of several other research reports. Barclays lifted their price target on shares of TransUnion from $55.00 to $75.00 and gave the stock an equal weight rating in a research report on Wednesday, February 14th. Royal Bank of Canada reissued an outperform rating and set a $85.00 target price on shares of TransUnion in a research note on Wednesday, February 14th. Jefferies Financial Group lifted their price objective on shares of TransUnion from $75.00 to $85.00 and gave the company a buy rating in a research note on Wednesday, January 17th. Bank of America upgraded shares of TransUnion from an underperform rating to a neutral rating and lifted their target price for the stock from $65.00 to $90.00 in a report on Monday, April 1st. Finally, JPMorgan Chase & Co. lifted their target price on shares of TransUnion from $69.00 to $84.00 and gave the stock an overweight rating in a report on Wednesday, February 14th. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, TransUnion presently has a consensus rating of Moderate Buy and an average price target of $83.60.

TransUnion Trading Up 0.3 %

TransUnion stock opened at $74.49 on Friday. The firm has a 50 day simple moving average of $76.32 and a 200-day simple moving average of $67.91. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $14.47 billion, a PE ratio of -52.08, a price-to-earnings-growth ratio of 1.14 and a beta of 1.61. TransUnion has a 12-month low of $42.09 and a 12-month high of $82.75.

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, beating the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. As a group, equities research analysts expect that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.56%. TransUnion’s payout ratio is -29.37%.

Insider Transactions at TransUnion

In other news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 22,033 shares in the company, valued at $1,720,777.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 22,033 shares in the company, valued at $1,720,777.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,275 shares of company stock worth $1,204,538. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Several large investors have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in TransUnion during the third quarter worth $27,000. GAMMA Investing LLC acquired a new position in TransUnion during the fourth quarter worth $30,000. Westpac Banking Corp boosted its holdings in TransUnion by 100.0% during the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after purchasing an additional 454 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in TransUnion by 48.6% during the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $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.