TransUnion’s (TRU) Outperform Rating Reaffirmed at Royal Bank of Canada

Royal Bank of Canada reiterated their outperform rating on shares of TransUnion (NYSE:TRU) in a research note published on Thursday, Benzinga reports. They currently have a $121.00 price objective on the business services provider’s stock.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group upped their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research note on Thursday, October 10th. Stifel Nicolaus boosted their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Finally, UBS Group initiated coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

TransUnion Stock Down 2.9 %

TRU opened at $103.59 on Thursday. The company has a market capitalization of $20.12 billion, a P/E ratio of -72.44, a P/E/G ratio of 1.38 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The firm’s fifty day moving average price is $101.57 and its two-hundred day moving average price is $85.80. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period last year, the firm earned $0.80 EPS. On average, analysts anticipate that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio is -29.37%.

Insider Activity

In other news, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the transaction, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock valued at $1,299,729. Company insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

A number of institutional investors have recently bought and sold shares of TRU. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in TransUnion by 51.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares during the period. CCLA Investment Management boosted its holdings in TransUnion by 104,813.6% during the first quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after buying an additional 1,945,340 shares during the last quarter. XN LP grew its position in shares of TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after buying an additional 1,303,996 shares during the period. Finally, Ninety One UK Ltd grew its position in shares of TransUnion by 37.4% during the 2nd quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock worth $190,363,000 after buying an additional 698,580 shares during the period.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.