TransUnion (TRU) Given Consensus Rating of “Buy” by Brokerages
Shares of TransUnion (NYSE:TRU) have received an average recommendation of “Buy” from the ten analysts that are currently covering the firm. One research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $35.11.
TRU has been the subject of several research reports. Morgan Stanley reiterated a “hold” rating and issued a $36.00 target price on shares of TransUnion in a research note on Thursday, July 28th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Thursday, October 20th. Deutsche Bank AG increased their target price on shares of TransUnion from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, October 26th. Stifel Nicolaus increased their target price 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, Barclays PLC upgraded shares of TransUnion from an “equal weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research note on Wednesday, September 21st.
Shares of TransUnion (NYSE:TRU) traded up 0.81% on Monday, reaching $31.30. The company had a trading volume of 620,616 shares. The stock has a market capitalization of $5.73 billion, a PE ratio of 63.49 and a beta of 0.48. The company has a 50 day moving average price of $32.13 and a 200 day moving average price of $32.74. TransUnion has a 52-week low of $20.43 and a 52-week high of $35.79.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.02. TransUnion had a net margin of 5.46% and a return on equity of 16.65%. The company earned $437.60 million during the quarter, compared to analysts’ expectations of $424.03 million. During the same period in the prior year, the company earned $0.30 earnings per share. The business’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities research analysts anticipate that TransUnion will post $1.42 earnings per share for the current year.
In other news, VP Timothy Elberfeld sold 4,891 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $32.80, for a total transaction of $160,424.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sumit Rajpal sold 7,906,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $32.82, for a total transaction of $259,474,920.00. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.
Several hedge funds have recently bought and sold shares of the company. Columbus Circle Investors purchased a new stake in TransUnion during the second quarter valued at $33,163,000. California State Teachers Retirement System raised its stake in TransUnion by 61.8% in the second quarter. California State Teachers Retirement System now owns 112,128 shares of the company’s stock valued at $3,750,000 after buying an additional 42,819 shares during the last quarter. Bank of New York Mellon Corp raised its stake in TransUnion by 56.5% in the second quarter. Bank of New York Mellon Corp now owns 193,541 shares of the company’s stock valued at $6,472,000 after buying an additional 69,873 shares during the last quarter. CG Asset Management LLC purchased a new stake in TransUnion during the second quarter valued at $1,035,000. Finally, Sanders Morris Harris Inc. purchased a new stake in TransUnion during the second quarter valued at $8,199,000.
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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