TransUnion (NYSE:TRU)‘s stock had its “overweight” rating reiterated by stock analysts at Morgan Stanley in a research report issued to clients and investors on Tuesday. They presently have a $47.00 price objective on the business services provider’s stock, up from their previous price objective of $45.00. Morgan Stanley’s price objective indicates a potential upside of 6.00% from the company’s current price.

A number of other equities research analysts also recently weighed in on TRU. Cowen and Company boosted their price target on TransUnion from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Royal Bank Of Canada restated a “buy” rating and set a $45.00 price objective on shares of TransUnion in a research note on Wednesday, April 26th. Barclays PLC restated a “buy” rating and set a $45.00 price objective on shares of TransUnion in a research note on Thursday, April 27th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Thursday, April 27th. Finally, TheStreet upgraded TransUnion from a “c” rating to a “b-” rating in a research note on Monday, June 26th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $45.13.

Shares of TransUnion (NYSE TRU) traded up 1.274% during midday trading on Tuesday, hitting $44.905. The company had a trading volume of 1,012,869 shares. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 49.184 and a beta of 0.60. The stock’s 50-day moving average price is $42.98 and its 200-day moving average price is $37.53. TransUnion has a 12 month low of $28.92 and a 12 month high of $45.20.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, April 25th. The business services provider reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.06. TransUnion had a return on equity of 19.14% and a net margin of 9.71%. The business had revenue of $445 million during the quarter, compared to the consensus estimate of $444.53 million. During the same period in the previous year, the business earned $0.32 EPS. The business’s quarterly revenue was up 9.6% on a year-over-year basis. On average, equities research analysts forecast that TransUnion will post $1.79 EPS for the current year.

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In other news, EVP John W. Blenke sold 10,000 shares of the stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $41.82, for a total value of $418,200.00. Following the completion of the transaction, the executive vice president now owns 114,717 shares of the company’s stock, valued at $4,797,464.94. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP David M. Neenan sold 60,000 shares of the stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $39.15, for a total value of $2,349,000.00. Following the completion of the transaction, the executive vice president now directly owns 80,430 shares of the company’s stock, valued at approximately $3,148,834.50. The disclosure for this sale can be found here. In the last three months, insiders sold 11,320,945 shares of company stock valued at $443,241,697. Company insiders own 2.10% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Three Peaks Capital Management boosted its position in TransUnion by 104.4% in the fourth quarter. Three Peaks Capital Management now owns 362,511 shares of the business services provider’s stock valued at $9,994,000 after buying an additional 185,179 shares during the last quarter. Frontier Capital Management Co. LLC boosted its position in TransUnion by 3.6% in the fourth quarter. Frontier Capital Management Co. LLC now owns 987,190 shares of the business services provider’s stock valued at $27,217,000 after buying an additional 34,286 shares during the last quarter. Nationwide Fund Advisors boosted its position in TransUnion by 57.2% in the fourth quarter. Nationwide Fund Advisors now owns 47,903 shares of the business services provider’s stock valued at $1,321,000 after buying an additional 17,433 shares during the last quarter. California State Teachers Retirement System boosted its position in TransUnion by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 60,703 shares of the business services provider’s stock valued at $1,674,000 after buying an additional 975 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its position in TransUnion by 25.7% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 2,541,450 shares of the business services provider’s stock valued at $70,069,000 after buying an additional 519,625 shares during the last quarter.

TransUnion Company Profile

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

Analyst Recommendations for TransUnion (NYSE:TRU)

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