TransUnion (NYSE:TRU) was upgraded by stock analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating in a research report issued on Wednesday. The brokerage presently has a $37.00 target price on the stock. Barclays PLC’s price target indicates a potential upside of 9.24% from the company’s current price.
Several other equities research analysts have also recently commented on the company. Morgan Stanley restated a “hold” rating and set a $36.00 price target on shares of TransUnion in a research note on Thursday, July 28th. Stifel Nicolaus upped their price target on TransUnion from $36.50 to $39.00 and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Zacks Investment Research cut TransUnion from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Deutsche Bank AG restated a “buy” rating on shares of TransUnion in a research note on Thursday, June 16th. Finally, Robert W. Baird assumed coverage on TransUnion in a research note on Wednesday, May 25th. They set an “outperform” rating and a $36.00 price target for the company. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $34.11.
TransUnion (NYSE:TRU) opened at 33.87 on Wednesday. The firm has a 50-day moving average price of $32.92 and a 200-day moving average price of $31.28. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 138.81 and a beta of 0.37. TransUnion has a one year low of $20.43 and a one year high of $35.79.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.05. TransUnion had a return on equity of 16.06% and a net margin of 2.81%. The business earned $426 million during the quarter, compared to analysts’ expectations of $414.70 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post $1.39 earnings per share for the current year.
In related news, CFO Samuel A. Hamood sold 30,000 shares of the company’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $32.82, for a total transaction of $984,600.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Timothy Elberfeld sold 4,891 shares of the company’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $32.80, for a total value of $160,424.80. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP raised its position in shares of TransUnion by 104.5% in the first quarter. Wellington Management Group LLP now owns 12,117,400 shares of the company’s stock worth $334,561,000 after buying an additional 6,193,344 shares in the last quarter. Vanguard Group Inc. raised its position in shares of TransUnion by 27.9% in the second quarter. Vanguard Group Inc. now owns 4,654,233 shares of the company’s stock worth $155,638,000 after buying an additional 1,014,454 shares in the last quarter. Capital World Investors acquired a new position in shares of TransUnion during the second quarter worth $146,802,000. FMR LLC acquired a new position in shares of TransUnion during the second quarter worth $137,588,000. Finally, TimesSquare Capital Management LLC raised its position in shares of TransUnion by 13.0% in the first quarter. TimesSquare Capital Management LLC now owns 2,505,000 shares of the company’s stock worth $69,163,000 after buying an additional 287,400 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.
TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.
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