Zacks Investment Research upgraded shares of TransUnion (NYSE:TRU) from a hold rating to a buy rating in a report published on Friday morning. They currently have $64.00 price objective on the business services provider’s stock.

According to Zacks, “TransUnion is poised for impressive growth in several of its end markets with an attractive business model, significant operating leverage, low capital requirements and strong and stable cash flows. Increased risk of identity theft due to data breaches and high consumer awareness about the usage of credit information are further propelling demand. In addition, the inherent nature and significance of its solutions in customers’ decision-making endow it with high customer retention and revenue visibility. As emerging market economies continue to develop and mature, the company is well-positioned to gain from the associated favorable socio-economic trends. The company also outperformed the industry in the last three months. However, TransUnion operates in a highly competitive market, which restricts its pricing power and limits profitability to some extent.”

TRU has been the topic of several other research reports. Morgan Stanley boosted their price target on TransUnion from $50.00 to $51.00 and gave the stock an overweight rating in a research note on Monday, October 23rd. Barclays reissued a buy rating and issued a $65.00 price objective on shares of TransUnion in a report on Friday, December 15th. Atlantic Securities raised TransUnion from a neutral rating to an overweight rating in a report on Friday, November 17th. SunTrust Banks boosted their price objective on TransUnion to $64.00 and gave the company a buy rating in a report on Monday, October 30th. Finally, Royal Bank of Canada boosted their price objective on TransUnion to $60.00 and gave the company an outperform rating in a report on Tuesday, December 19th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. TransUnion currently has an average rating of Buy and a consensus target price of $57.55.

TransUnion (NYSE TRU) traded down $0.09 during trading hours on Friday, hitting $57.05. The company had a trading volume of 869,105 shares, compared to its average volume of 1,330,000. 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 fifty-two week low of $31.35 and a fifty-two week high of $57.38. The firm has a market capitalization of $10,410.00 and a PE ratio of 43.88.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.06. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The business had revenue of $498.00 million for the quarter, compared to analysts’ expectations of $475.52 million. During the same quarter in the previous year, the firm posted $0.38 earnings per share. The company’s revenue was up 13.8% compared to the same quarter last year. equities research analysts expect that TransUnion will post 1.71 EPS for the current fiscal year.

In related news, CFO Todd M. Cello sold 4,110 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $52.97, for a total value of $217,706.70. Following the completion of the sale, the chief financial officer now directly owns 21,963 shares of the company’s stock, valued at $1,163,380.11. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO James M. Peck sold 18,106 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total value of $946,038.50. Following the completion of the sale, the chief executive officer now directly owns 202,343 shares of the company’s stock, valued at $10,572,421.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,630,224 shares of company stock valued at $243,986,497. 2.10% of the stock is owned by corporate insiders.

Several large investors have recently bought and sold shares of TRU. ETRADE Capital Management LLC bought a new position in shares of TransUnion during the third quarter valued at approximately $204,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of TransUnion by 17.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after purchasing an additional 694 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of TransUnion during the second quarter valued at approximately $212,000. Alpine Global Management LLC bought a new position in shares of TransUnion during the second quarter valued at approximately $217,000. Finally, Wolverine Trading LLC bought a new position in shares of TransUnion during the second quarter valued at approximately $232,000.

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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.

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