TransUnion (NYSE:TRU) had its target price raised by investment analysts at Royal Bank of Canada to $67.00 in a report issued on Friday, The Fly reports. The firm presently has an “outperform” rating on the business services provider’s stock. Royal Bank of Canada’s price target indicates a potential upside of 15.80% from the stock’s current price.
Several other equities analysts also recently issued reports on the stock. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Friday, January 12th. Robert W. Baird reissued a “buy” rating and set a $62.00 price objective on shares of TransUnion in a research note on Tuesday, January 9th. Barclays reissued a “buy” rating and set a $65.00 price objective on shares of TransUnion in a research note on Friday, December 15th. Finally, Atlantic Securities raised shares of TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $58.18.
Shares of TransUnion (TRU) opened at $57.86 on Friday. TransUnion has a fifty-two week low of $31.38 and a fifty-two week high of $59.13. The stock has a market cap of $10,423.49, a PE ratio of 44.51, a price-to-earnings-growth ratio of 2.94 and a beta of 0.64. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84.
In related news, EVP John W. Blenke sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total transaction of $1,045,000.00. Following the completion of the transaction, the executive vice president now owns 59,717 shares of the company’s stock, valued at $3,120,213.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James M. Peck sold 18,864 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $52.41, for a total transaction of $988,662.24. Following the transaction, the insider now directly owns 239,313 shares of the company’s stock, valued at approximately $12,542,394.33. The disclosure for this sale can be found here. Insiders have sold 4,630,224 shares of company stock valued at $243,986,497 in the last ninety days. 2.10% of the stock is currently owned by company insiders.
A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in TransUnion during the fourth quarter worth approximately $648,000. Westpac Banking Corp acquired a new stake in shares of TransUnion in the fourth quarter worth $545,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of TransUnion in the fourth quarter worth $137,000. Schwab Charles Investment Management Inc. increased its position in shares of TransUnion by 10.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 523,123 shares of the business services provider’s stock worth $28,751,000 after acquiring an additional 47,685 shares in the last quarter. Finally, Gulf International Bank UK Ltd acquired a new stake in shares of TransUnion in the fourth quarter worth $2,690,000.
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.
