TransUnion (TRU) Receives Average Recommendation of “Buy” from Brokerages
TransUnion (NYSE:TRU) has been given an average recommendation of “Buy” by the ten ratings firms that are covering the firm. Two investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $34.43.
TRU has been the topic of several research analyst reports. Barclays PLC increased their price target on shares of TransUnion from $30.00 to $37.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 27th. Zacks Investment Research cut shares of TransUnion from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Stifel Nicolaus increased their price target on shares of TransUnion from $36.50 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, July 27th. Finally, Morgan Stanley reissued a “hold” rating and set a $36.00 price target on shares of TransUnion in a research note on Thursday, July 28th.
In related news, Director Sumit Rajpal sold 7,906,000 shares of the firm’s stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $32.82, for a total transaction of $259,474,920.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Timothy Elberfeld sold 4,891 shares of the firm’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $32.80, for a total transaction of $160,424.80. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.
Large investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its stake in shares of TransUnion by 39.0% in the third quarter. BNP Paribas Arbitrage SA now owns 6,453 shares of the company’s stock worth $223,000 after buying an additional 1,810 shares during the last quarter. Macquarie Group Ltd. bought a new stake in shares of TransUnion during the second quarter worth approximately $2,969,000. KAMES CAPITAL plc bought a new stake in shares of TransUnion during the second quarter worth approximately $1,289,000. Royal Bank of Canada raised its stake in shares of TransUnion by 203.8% in the second quarter. Royal Bank of Canada now owns 6,170 shares of the company’s stock worth $206,000 after buying an additional 4,139 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of TransUnion by 22.4% in the second quarter. Public Employees Retirement System of Ohio now owns 15,506 shares of the company’s stock worth $519,000 after buying an additional 2,835 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.
TransUnion (NYSE:TRU) traded down 0.18% during trading on Monday, reaching $32.71. 252,327 shares of the company’s stock traded hands. The company has a market cap of $5.98 billion, a P/E ratio of 134.06 and a beta of 0.36. TransUnion has a 12 month low of $20.43 and a 12 month high of $35.79. The firm’s 50 day moving average is $33.31 and its 200 day moving average is $32.09.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.05. The firm had revenue of $426 million for the quarter, compared to analysts’ expectations of $414.70 million. TransUnion had a net margin of 2.81% and a return on equity of 16.06%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 earnings per share. Analysts anticipate that TransUnion will post $1.39 EPS for the current year.
TransUnion Company Profile
TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.
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