TransUnion (NYSE:TRU) Receives “Hold” Rating from Needham & Company LLC

TransUnion (NYSE:TRU)‘s stock had its “hold” rating restated by research analysts at Needham & Company LLC in a report issued on Thursday, Benzinga reports.

Other analysts have also issued reports about the company. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Royal Bank of Canada raised their price target on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Morgan Stanley upped their price objective on shares of TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a research note on Thursday, September 12th. Finally, UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.

TransUnion Stock Performance

NYSE:TRU opened at $103.63 on Thursday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a market capitalization of $20.12 billion, a PE ratio of -72.47, a P/E/G ratio of 1.38 and a beta of 1.62. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The company has a fifty day moving average of $101.57 and a two-hundred day moving average of $85.69.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm 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 company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. As a group, research analysts forecast that TransUnion will post 3.46 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now owns 27,729 shares in the company, valued at approximately $2,373,047.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now owns 49,239 shares of the company’s stock, valued at approximately $4,709,710.35. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have 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

Large investors have recently modified their holdings of the stock. Larson Financial Group LLC boosted its holdings in TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 342 shares during the period. Quarry LP boosted its stake in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares during the period. National Bank of Canada FI grew its position in shares of TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares in the last quarter. Blue Trust Inc. increased its stake in shares of TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares during the period. Finally, Ridgewood Investments LLC acquired a new stake in TransUnion in the second quarter valued at approximately $75,000.

TransUnion Company Profile

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.