TransUnion (TRU) Rating Reiterated by Stifel Nicolaus

TransUnion (NYSE:TRU)‘s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a research note issued on Wednesday, MarketBeat reports. They currently have a $62.00 price objective on the business services provider’s stock, up from their prior price objective of $59.00. Stifel Nicolaus’ target price would suggest a potential upside of 11.07% from the stock’s previous close.

A number of other equities analysts have also weighed in on the company. Morgan Stanley boosted their price objective on TransUnion from $54.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Royal Bank of Canada boosted their price objective on TransUnion to $67.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research raised 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. Finally, 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. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $58.73.

TransUnion (NYSE TRU) traded up $0.87 during midday trading on Wednesday, reaching $55.82. The company’s stock had a trading volume of 1,820,883 shares, compared to its average volume of 1,166,648. The firm has a market capitalization of $10,600.41, a price-to-earnings 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 current ratio of 1.84 and a quick ratio of 1.84. TransUnion has a one year low of $36.08 and a one year high of $61.42.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.05. The company had revenue of $506.10 million for the quarter, compared to analyst estimates of $487.83 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The firm’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. equities research analysts predict that TransUnion will post 1.71 earnings per share for the current fiscal year.

In other news, EVP Christopher A. Cartwright sold 85,175 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $54.18, for a total value of $4,614,781.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Christopher A. Cartwright sold 234,565 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president now directly owns 105,917 shares in the company, valued at approximately $5,830,730.85. The disclosure for this sale can be found here. In the last ninety days, insiders sold 796,007 shares of company stock worth $43,622,682. Corporate insiders own 2.10% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its holdings in shares of TransUnion by 116.1% in the 2nd quarter. California State Teachers Retirement System now owns 227,221 shares of the business services provider’s stock valued at $9,841,000 after buying an additional 122,093 shares during the period. Atlantic Trust Group LLC raised its holdings in shares of TransUnion by 48.5% in the 3rd quarter. Atlantic Trust Group LLC now owns 242,954 shares of the business services provider’s stock valued at $11,482,000 after buying an additional 79,329 shares during the period. DnB Asset Management AS purchased a new stake in shares of TransUnion in the 4th quarter valued at $687,000. Legal & General Group Plc raised its holdings in shares of TransUnion by 96.8% in the 3rd quarter. Legal & General Group Plc now owns 64,043 shares of the business services provider’s stock valued at $3,027,000 after buying an additional 31,499 shares during the period. Finally, Westpac Banking Corp purchased a new stake in shares of TransUnion in the 4th quarter valued at $545,000.

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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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