TransUnion (NYSE:TRU) Rating Lowered to Neutral at Rothschild Redburn

TransUnion (NYSE:TRU) was downgraded by Rothschild Redburn from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, FinViz reports. They presently have a $91.00 target price on the business services provider’s stock, up from their previous target price of $89.00. Rothschild Redburn‘s price objective suggests a potential upside of 10.91% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Mizuho dropped their price objective on shares of TransUnion from $77.00 to $74.00 and set a “neutral” rating on the stock in a research note on Monday, October 19th. Griffin Securities set a $98.00 target price on shares of TransUnion in a research note on Wednesday, July 29th. Wall Street Zen cut shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Saturday, October 3rd. Morgan Stanley lowered their price target on shares of TransUnion from $106.00 to $97.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. Finally, Rothschild & Co Redburn lowered shares of TransUnion from a “buy” rating to a “neutral” rating and raised their price target for the company from $89.00 to $91.00 in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $90.72.

TransUnion Stock Down 1.3%

TransUnion stock opened at $82.05 on Monday. The firm has a market cap of $15.65 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 1.58 and a beta of 1.56. TransUnion has a 52 week low of $60.96 and a 52 week high of $89.12. The business’s 50-day moving average price is $74.00 and its 200 day moving average price is $74.14. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.07.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.04. TransUnion had a return on equity of 16.51% and a net margin of 15.83%. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the business earned $1.10 earnings per share. TransUnion’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, sell-side analysts anticipate that TransUnion will post 4.27 earnings per share for the current year.

Insider Buying and Selling at TransUnion

In other news, CAO Jennifer Williams sold 1,070 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $84.57, for a total transaction of $90,489.90. Following the transaction, the chief accounting officer directly owned 4,327 shares in the company, valued at $365,934.39. The trade was a 19.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $79.07, for a total value of $98,837.50. Following the completion of the sale, the executive vice president owned 53,431 shares of the company’s stock, valued at $4,224,789.17. This trade represents a 2.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 72,045 shares of company stock worth $5,681,439. 0.37% of the stock is owned by company insiders.

Institutional Trading of TransUnion

Several large investors have recently added to or reduced their stakes in TRU. Private Advisor Group LLC acquired a new stake in TransUnion during the third quarter worth about $442,000. Boston Partners acquired a new position in TransUnion in the 3rd quarter valued at about $9,752,000. Voya Investment Management LLC grew its stake in shares of TransUnion by 53.1% in the 3rd quarter. Voya Investment Management LLC now owns 73,250 shares of the business services provider’s stock valued at $4,477,000 after buying an additional 25,401 shares during the period. Public Sector Pension Investment Board purchased a new stake in shares of TransUnion in the 3rd quarter valued at approximately $15,014,000. Finally, Hantz Financial Services Inc. grew its stake in shares of TransUnion by 1,416.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 79,931 shares of the business services provider’s stock valued at $4,885,000 after buying an additional 74,660 shares during the period.

About TransUnion

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.