TransUnion (NYSE:TRU)‘s stock had its “buy” rating reiterated by equities researchers at SunTrust Banks, Inc. in a research report issued to clients and investors on Friday, The Fly reports.

A number of other research firms have also weighed in on TRU. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a research report on Wednesday. Cowen and Company reissued a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a research report on Thursday. Deutsche Bank AG reissued a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. Finally, BidaskClub raised shares of TransUnion from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. TransUnion currently has an average rating of “Buy” and an average price target of $48.33.

TransUnion (NYSE:TRU) opened at 49.59 on Friday. The stock has a market cap of $9.02 billion, a P/E ratio of 42.68 and a beta of 0.58. The stock has a 50 day moving average price of $46.59 and a 200 day moving average price of $46.59. TransUnion has a 12-month low of $28.92 and a 12-month high of $50.15.

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

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In other news, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $45.60, for a total transaction of $626,278,471.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider James M. Peck sold 75,658 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $45.46, for a total transaction of $3,439,412.68. Following the transaction, the insider now directly owns 276,284 shares in the company, valued at $12,559,870.64. The disclosure for this sale can be found here. Insiders sold a total of 14,108,242 shares of company stock worth $643,363,096 over the last three months. 2.10% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the company. Lord Abbett & CO. LLC purchased a new position in shares of TransUnion during the second quarter worth approximately $12,631,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of TransUnion during the second quarter worth approximately $328,000. Public Employees Retirement System of Ohio increased its position in shares of TransUnion by 199.0% during the second quarter. Public Employees Retirement System of Ohio now owns 53,598 shares of the business services provider’s stock worth $2,321,000 after acquiring an additional 35,675 shares during the period. California State Teachers Retirement System increased its position in shares of TransUnion by 116.1% during the second quarter. California State Teachers Retirement System now owns 227,221 shares of the business services provider’s stock worth $9,841,000 after acquiring an additional 122,093 shares during the period. Finally, Atlanta Capital Management Co. L L C increased its position in shares of TransUnion by 43.6% during the second quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock worth $362,043,000 after acquiring an additional 2,536,898 shares during the period.

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.

The Fly

Analyst Recommendations for TransUnion (NYSE:TRU)

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