TransUnion (NYSE:TRU) PT Raised to $80.00 at Evercore ISI

TransUnion (NYSE:TRU) had its price objective hoisted by stock analysts at Evercore ISI from $70.00 to $80.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has an “in-line” rating on the business services provider’s stock. Evercore ISI’s price target points to a potential upside of 1.78% from the stock’s current price.

TRU has been the topic of several other research reports. Wells Fargo & Company increased their target price on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. Robert W. Baird increased their price target on shares of TransUnion from $80.00 to $87.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th. Jefferies Financial Group increased their price target on shares of TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. StockNews.com raised shares of TransUnion from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Finally, Barclays raised their target price on shares of TransUnion from $55.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $77.80.

TransUnion Price Performance

Shares of NYSE:TRU opened at $78.60 on Tuesday. The company’s fifty day moving average price is $74.62 and its 200-day moving average price is $67.88. The firm has a market capitalization of $15.27 billion, a price-to-earnings ratio of -52.75, a PEG ratio of 1.22 and a beta of 1.61. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. The firm had revenue of $954.00 million for the quarter, compared to analyst estimates of $927.04 million. During the same quarter in the prior year, the firm earned $0.70 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, equities research analysts anticipate that TransUnion will post 3.3 earnings per share for the current fiscal year.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the sale, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the sale, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Institutional Trading of TransUnion

A number of hedge funds have recently added to or reduced their stakes in TRU. B. Metzler seel. Sohn & Co. AG lifted its position in shares of TransUnion by 2.0% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 7,595 shares of the business services provider’s stock valued at $595,000 after buying an additional 152 shares during the last quarter. Xponance Inc. increased its holdings in TransUnion by 1.9% in the 4th quarter. Xponance Inc. now owns 8,215 shares of the business services provider’s stock worth $564,000 after acquiring an additional 157 shares in the last quarter. Concord Wealth Partners increased its holdings in TransUnion by 7.4% in the 4th quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider’s stock worth $159,000 after acquiring an additional 159 shares in the last quarter. Logan Capital Management Inc. increased its holdings in TransUnion by 1.7% in the 4th quarter. Logan Capital Management Inc. now owns 9,887 shares of the business services provider’s stock worth $679,000 after acquiring an additional 170 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its stake in TransUnion by 2.9% during the 3rd quarter. Avior Wealth Management LLC now owns 6,730 shares of the business services provider’s stock worth $483,000 after purchasing an additional 189 shares during the last quarter.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.