TransUnion (TRU) Given a $57.00 Price Target by Morgan Stanley Analysts

TransUnion (NYSE:TRU) received a $57.00 price target from investment analysts at Morgan Stanley in a research note issued on Wednesday. The brokerage currently has a “hold” rating on the business services provider’s stock. Morgan Stanley’s price objective points to a potential upside of 2.11% from the company’s current price.

TRU has been the subject of a number of other research reports. Barclays reiterated a “buy” rating and issued a $65.00 price target on shares of TransUnion in a report on Friday, December 15th. Atlantic Securities upgraded shares of TransUnion from a “neutral” rating to an “overweight” rating in a report on Friday, November 17th. SunTrust Banks increased their price target on shares of TransUnion to $64.00 and gave the company a “buy” rating in a report on Monday, October 30th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a report on Friday, January 12th. Finally, Royal Bank of Canada increased their price target on shares of TransUnion to $60.00 and gave the company an “outperform” rating in a report on Tuesday, December 19th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $58.73.

Shares of TransUnion (NYSE:TRU) traded up $0.87 during trading on Wednesday, reaching $55.82. 1,820,883 shares of the company’s stock were exchanged, compared to its average volume of 1,166,648. The stock has a market cap of $10,600.41, a P/E ratio of 42.84, a P/E/G ratio of 2.99 and a beta of 0.67. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84. TransUnion has a 52 week low of $36.08 and a 52 week high of $61.42.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.05. The company had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. TransUnion’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. equities analysts anticipate that TransUnion will post 1.71 EPS for the current year.

In related news, EVP Christopher A. Cartwright sold 234,565 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total value of $12,912,803.25. Following the sale, the executive vice president now directly owns 105,917 shares of the company’s stock, valued at approximately $5,830,730.85. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP John T. Danaher sold 25,000 shares of the stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $54.92, for a total transaction of $1,373,000.00. Following the completion of the sale, the executive vice president now directly owns 61,619 shares in the company, valued at $3,384,115.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 796,007 shares of company stock worth $43,622,682. 2.10% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of TRU. PNC Financial Services Group Inc. acquired a new stake in TransUnion in the 2nd quarter valued at about $401,000. Northern Trust Corp boosted its stake in shares of TransUnion by 43.4% during the 2nd quarter. Northern Trust Corp now owns 607,329 shares of the business services provider’s stock worth $26,303,000 after purchasing an additional 183,760 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of TransUnion by 6.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 146,639 shares of the business services provider’s stock worth $6,351,000 after purchasing an additional 8,746 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of TransUnion by 50.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 469,589 shares of the business services provider’s stock worth $20,340,000 after purchasing an additional 157,956 shares during the last quarter. Finally, Voya Investment Management LLC boosted its stake in shares of TransUnion by 122.6% during the 2nd quarter. Voya Investment Management LLC now owns 49,702 shares of the business services provider’s stock worth $2,153,000 after purchasing an additional 27,372 shares during the last quarter.

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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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