TransUnion (NYSE:TRU – Get Rating) had its price objective cut by Atlantic Securities from $100.00 to $90.00 in a research report issued on Thursday, The Fly reports. Atlantic Securities’ target price points to a potential upside of 38.46% from the company’s current price.
Several other analysts have also issued reports on TRU. Morgan Stanley dropped their price target on shares of TransUnion from $91.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 27th. StockNews.com upgraded shares of TransUnion from a “sell” rating to a “hold” rating in a report on Friday, September 16th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of TransUnion from $111.00 to $101.00 in a report on Wednesday, July 27th. Bank of America downgraded shares of TransUnion from a “buy” rating to a “neutral” rating and decreased their price target for the company from $119.00 to $86.00 in a research note on Wednesday, July 27th. Finally, Barclays decreased their price objective on shares of TransUnion from $105.00 to $88.00 and set an “overweight” rating on the stock in a research note on Friday, June 17th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.08.
TransUnion Stock Performance
Shares of TRU stock opened at $65.00 on Thursday. The company’s fifty day simple moving average is $78.18 and its 200-day simple moving average is $85.04. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.40. The firm has a market cap of $12.51 billion, a PE ratio of 9.85, a P/E/G ratio of 0.65 and a beta of 1.30. TransUnion has a 12 month low of $64.27 and a 12 month high of $120.91.
TransUnion (NYSE:TRU – Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The business services provider reported $0.89 EPS for the quarter, hitting analysts’ consensus estimates of $0.89. The business had revenue of $948.30 million for the quarter, compared to analyst estimates of $964.38 million. TransUnion had a net margin of 36.96% and a return on equity of 17.20%. The firm’s revenue for the quarter was up 30.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 earnings per share. Equities research analysts expect that TransUnion will post 3.42 EPS for the current fiscal year.
Insider Activity
In other news, CEO Christopher A. Cartwright purchased 25,000 shares of the stock in a transaction on Thursday, August 4th. The stock was purchased at an average price of $79.42 per share, for a total transaction of $1,985,500.00. Following the acquisition, the chief executive officer now owns 226,410 shares in the company, valued at $17,981,482.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.22% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. increased its stake in shares of TransUnion by 1.4% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 8,052 shares of the business services provider’s stock valued at $644,000 after acquiring an additional 114 shares in the last quarter. Keybank National Association OH increased its stake in shares of TransUnion by 3.4% in the 1st quarter. Keybank National Association OH now owns 3,924 shares of the business services provider’s stock valued at $406,000 after acquiring an additional 130 shares in the last quarter. Allworth Financial LP increased its stake in shares of TransUnion by 20.6% in the 2nd quarter. Allworth Financial LP now owns 813 shares of the business services provider’s stock valued at $65,000 after acquiring an additional 139 shares in the last quarter. Baker Tilly Wealth Management LLC increased its stake in shares of TransUnion by 3.6% in the 2nd quarter. Baker Tilly Wealth Management LLC now owns 4,396 shares of the business services provider’s stock valued at $352,000 after acquiring an additional 154 shares in the last quarter. Finally, Xponance Inc. increased its stake in shares of TransUnion by 1.0% in the 1st quarter. Xponance Inc. now owns 15,654 shares of the business services provider’s stock valued at $1,618,000 after acquiring an additional 158 shares in the last quarter. Institutional investors own 98.39% of the company’s stock.
TransUnion Company Profile
TransUnion 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 analytics to businesses. These businesses use 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.