Shares of TransUnion (NYSE:TRU) have earned an average recommendation of “Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $47.00.

TRU has been the topic of a number of recent research reports. Zacks Investment Research cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Monday. Morgan Stanley reiterated an “overweight” rating and set a $47.00 price target (up from $45.00) on shares of TransUnion in a research report on Tuesday, July 18th. Cowen and Company reiterated a “buy” rating and set a $48.00 price target on shares of TransUnion in a research report on Friday, July 28th. Barclays PLC reissued an “overweight” rating and set a $48.00 price objective (up previously from $45.00) on shares of TransUnion in a research note on Friday, June 16th. Finally, BidaskClub raised TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th.

Shares of TransUnion (NYSE TRU) traded down 0.70% during trading on Tuesday, hitting $46.73. 712,481 shares of the stock were exchanged. TransUnion has a 52 week low of $28.92 and a 52 week high of $47.75. The firm has a 50 day moving average price of $45.67 and a 200 day moving average price of $41.39. The firm has a market capitalization of $8.50 billion, a P/E ratio of 40.22 and a beta of 0.61.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.03. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The business had revenue of $474.80 million for the quarter, compared to analysts’ expectations of $464.77 million. During the same period last year, the business earned $0.37 earnings per share. The business’s quarterly revenue was up 11.5% on a year-over-year basis. Analysts forecast that TransUnion will post $1.83 EPS for the current fiscal year.

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In related news, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $45.60, for a total value of $626,278,471.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christopher Egan sold 201,753 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $45.60, for a total value of $9,199,936.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,047,490 shares of company stock valued at $640,561,199. Insiders own 2.10% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of TransUnion by 37.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider’s stock worth $157,000 after buying an additional 1,108 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of TransUnion by 138.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock worth $174,000 after buying an additional 2,329 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of TransUnion during the second quarter worth approximately $212,000. Alpine Global Management LLC acquired a new stake in shares of TransUnion during the second quarter worth approximately $217,000. Finally, Schmidt P J Investment Management Inc. acquired a new stake in shares of TransUnion during the second quarter worth approximately $230,000.

About TransUnion

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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