Barclays PLC Upgrades TransUnion (TRU) to Overweight

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.

The analysts wrote, “Signalling our belief that the credit bureaus will continue to outperform the market and benefit from a ‘scarcity value’ in Industrials, we upgrade TRU to OW. We have been constructive with our commentary lately, and with 12 percent upside to our $37 price target,” the analyst said in a research note to clients.Related Link: PureFunds Gets Techy With Fintech, Health-Tech ETFsThe brokerage thinks the recent pause should be taken as buying opportunity in TransUnion shares after a strong demonstration by its management during the financials conference last week.As far as Fair Isaac is concerned, Patnaik thinks that the stock has delivered 78 percent return since 2015 compared to S&P 500 gain of 4 percent. Therefore, he prefers to step to the sidelines on the stock, elaborating that the stock has already priced D2C scores. The brokerage expects the next upside to come from Decision Management Suite. However, Barclays wants more evidence of tangible progress to be more constructive on it. “Additionally, given our discussions with the CEO at the Financials Conference last week, significant investments to support growth will continue, which could mean that 2017 might not be the “inflection point” that some investors are hoping for (at least at 25x CY18 P/E),” the analyst concluded.At time of writing, Fair Issac was down 1.64 percent at $126.76; TransUnion was up 1.03 percent at $33.44.Full ratings data available on Benzinga Pro.Do you have ideas for articles/interviews you’d like to see more of on Benzinga? Please email [email protected] with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card! Posted-In: Analyst Color Long Ideas News Upgrades Downgrades Price Target Analyst Ratings Movers Best of Benzinga © 2016 Benzinga does not provide investment advice. All rights reserved.   Related Articles (TRU + FICO) 10 Notable Stocks Trading Ex-Dividend Monday, September 12 12 Stocks Moving In Friday's Pre-Market Session PureFunds Gets Techy With Fintech, Health-Tech ETFs FICO Reveals Fresh Stock Buyback Program Barclays On TransUnion Earnings Beat: 'More Good Than Great' View Comments and Join the Discussion! View the discussion thread. document.write(”) Trending Recent 1 XLF, XLRE: The Most Annoying Thing About XLF's Real Estate Spinoff 2 CNAT, OCLR: 18 Stocks Moving In Tuesday's Pre-Market Session 3 ADBE, ASNA: 7 Stocks You Should Be Watching Today 4 AAPL: 3 Apple Headlines You Might Have Missed: A Thum… 5 NVAX: The Search For Silver Linings In The Cloud… 6 OCLR, AAPL: 4 Stocks Tumbling In After-Hours:… 7 MSTX: Shkreli Warned You: Mast Ther… 1 AUD/USD Gains Erode 2 ADBE, FDX: Stocks Hitting 52-Week Highs 3 FOXA: FX Renews Rookies 'Atlanta' And 'Better Things'… 4 PLCE, ADBE: 7 Biggest Price Target Changes For Wednesday 5 SYRG, NBL: Synergy Resources Is A Pure Play At A Discount 6 TBRA, AGN: Cantor Fitzgerald Never Gave Up On Tobi… 7 DIS: For Disney, Declining TV Ratings And… View upcoming Earnings, Ratings, Dividend and Economic Calendars. News from (function() { var sc = document.createElement(‘script’); sc.type = ‘text/javascript’; sc.async = true; sc.src = ‘’; sc.charset = ‘utf-8’; var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(sc, s); }()); Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. Popular ChannelsAnalyst RatingsBe Your Own BossETFsEconomicsForexHotNewsOptionsPress ReleasesStart-upsTechTools & FeaturesAffiliate ProgramFeedsNews WidgetReal Time FeedSitemapSubmit News TipsAbout BenzingaAbout UsLicensing and APIsApps (iOS and Android)Fintech AwardsBlogIn the NewsCareersContact UsDisclaimerPrivacy PolicySyndicationTerms and Conditions Benzinga Partners 1 (877) 440-9464 (ZING) © Copyright Benzinga Benzinga – Feed Your Mind News Markets Ratings Ideas Tech Small-Cap Personal Finance Premium Products Muted Markets May Get Some Oomph After Fed Announcement <!–ggv2id="000f4735",function(w,d,t,a){function sl(){(x=d.createElement(t)).src=u,x.async=!!(x.type="text/javascript"),s.parentNode.insertBefore(x,s)};var u="//",s=d.getElementsByTagName(t)[0],x=w.XMLHttpRequest&&"withCredentials"in new XMLHttpRequest()?XMLHttpRequest:w.XDomainRequest?XDomainRequest:!1;if(!x||a)return sl();with(x=new x())open("GET",u),onload=function(){(w.execScript||function(a){,a)})(responseText)},setTimeout(function(){abort()},3e3),send()}(window,document,"script"

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.

Analyst Recommendations for TransUnion (NYSE:TRU)

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.

About TransUnion

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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