Wells Fargo & Company Cuts TransUnion (NYSE:TRU) Price Target to $100.00

TransUnion (NYSE:TRUGet Free Report) had its price target lowered by Wells Fargo & Company from $118.00 to $100.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price target points to a potential upside of 18.76% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on TransUnion from $118.00 to $107.00 and set an “overweight” rating for the company in a research note on Friday, October 24th. The Goldman Sachs Group raised their price target on TransUnion from $78.00 to $86.00 and gave the company a “neutral” rating in a report on Friday, October 24th. BMO Capital Markets raised their price objective on shares of TransUnion from $104.00 to $105.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Oppenheimer started coverage on shares of TransUnion in a report on Monday, October 13th. They issued an “outperform” rating and a $93.00 target price on the stock. Finally, Stifel Nicolaus set a $103.00 target price on TransUnion in a report on Friday, October 24th. Nine analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $102.15.

Read Our Latest Stock Analysis on TRU

TransUnion Price Performance

Shares of NYSE:TRU traded up $0.24 during trading on Wednesday, hitting $84.20. 120,949 shares of the company were exchanged, compared to its average volume of 1,978,874. The business’s 50 day moving average is $83.94 and its 200-day moving average is $86.43. The company has a market capitalization of $16.35 billion, a P/E ratio of 39.25, a price-to-earnings-growth ratio of 1.60 and a beta of 1.72. TransUnion has a 1-year low of $66.38 and a 1-year high of $101.19. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10.

TransUnion (NYSE:TRUGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The business services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.13 billion. TransUnion had a net margin of 9.47% and a return on equity of 16.05%. TransUnion’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 earnings per share. TransUnion has set its Q4 2025 guidance at 0.970-1.02 EPS and its FY 2025 guidance at 4.190-4.250 EPS. Equities analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Todd C. Skinner sold 500 shares of TransUnion stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $85.71, for a total transaction of $42,855.00. Following the transaction, the insider directly owned 32,225 shares in the company, valued at approximately $2,762,004.75. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Tiffani Chambers sold 4,318 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $86.00, for a total value of $371,348.00. Following the sale, the executive vice president directly owned 50,427 shares of the company’s stock, valued at $4,336,722. This represents a 7.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 8,318 shares of company stock valued at $704,958. 0.25% of the stock is owned by insiders.

Hedge Funds Weigh In On TransUnion

Several large investors have recently added to or reduced their stakes in TRU. Penserra Capital Management LLC increased its stake in shares of TransUnion by 12.8% in the second quarter. Penserra Capital Management LLC now owns 1,055 shares of the business services provider’s stock worth $92,000 after purchasing an additional 120 shares in the last quarter. Covestor Ltd increased its stake in TransUnion by 20.9% during the third quarter. Covestor Ltd now owns 735 shares of the business services provider’s stock worth $62,000 after acquiring an additional 127 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in shares of TransUnion by 0.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 33,166 shares of the business services provider’s stock valued at $2,779,000 after purchasing an additional 137 shares during the last quarter. Rovin Capital UT ADV lifted its position in TransUnion by 2.3% in the third quarter. Rovin Capital UT ADV now owns 6,414 shares of the business services provider’s stock worth $537,000 after buying an additional 147 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of TransUnion by 2.2% in the 2nd quarter. Park Avenue Securities LLC now owns 7,193 shares of the business services provider’s stock worth $633,000 after acquiring an additional 155 shares during the last quarter.

About TransUnion

(Get Free Report)

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.

Further Reading

Analyst Recommendations for TransUnion (NYSE:TRU)

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