TransUnion (TRU) Receives Average Recommendation of “Buy” from Brokerages
Shares of TransUnion (NYSE:TRU) have earned an average recommendation of “Buy” from the ten research firms that are presently covering the firm. Two analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $34.43.
A number of research analysts recently issued reports on TRU shares. Barclays PLC upgraded shares of TransUnion from an “equal weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a research report on Wednesday, September 21st. Morgan Stanley reiterated a “hold” rating and set a $36.00 target price on shares of TransUnion in a research report on Thursday, July 28th. Stifel Nicolaus boosted their target price on shares of TransUnion from $36.50 to $39.00 and gave the company a “buy” rating in a research report on Wednesday, July 27th. Finally, Zacks Investment Research downgraded shares of TransUnion from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 29th.
In other news, VP Timothy Elberfeld sold 4,891 shares of the company’s stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $32.80, for a total value of $160,424.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Samuel A. Hamood sold 30,000 shares of the company’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $32.82, for a total transaction of $984,600.00. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/17/transunion-tru-receives-average-recommendation-of-buy-from-brokerages.html
Several hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in TransUnion by 104.5% in the first quarter. Wellington Management Group LLP now owns 12,117,400 shares of the company’s stock valued at $334,561,000 after buying an additional 6,193,344 shares during the last quarter. Capital World Investors purchased a new stake in TransUnion during the second quarter valued at about $146,802,000. FMR LLC purchased a new stake in TransUnion during the second quarter valued at about $137,588,000. Westfield Capital Management Co. LP purchased a new stake in TransUnion during the second quarter valued at about $54,970,000. Finally, Vanguard Group Inc. raised its stake in TransUnion by 27.9% in the second quarter. Vanguard Group Inc. now owns 4,654,233 shares of the company’s stock valued at $155,638,000 after buying an additional 1,014,454 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Shares of TransUnion (NYSE:TRU) traded down 0.18% on Monday, hitting $32.71. 252,327 shares of the stock were exchanged. TransUnion has a 1-year low of $20.43 and a 1-year high of $35.79. The stock has a market cap of $5.98 billion, a price-to-earnings ratio of 134.06 and a beta of 0.36. The stock’s 50-day moving average is $33.31 and its 200-day moving average is $32.09.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.05. TransUnion had a net margin of 2.81% and a return on equity of 16.06%. The company had revenue of $426 million for the quarter, compared to analyst estimates of $414.70 million. During the same period in the prior year, the firm posted $0.27 EPS. The company’s quarterly revenue was up 12.5% on a year-over-year basis. Analysts forecast that TransUnion will post $1.39 earnings per share for the current year.
TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.