TransUnion (NYSE:TRU) Research Coverage Started at Wolfe Research

Wolfe Research began coverage on shares of TransUnion (NYSE:TRUFree Report) in a report published on Tuesday morning, MarketBeat.com reports. The brokerage issued a peer perform rating on the business services provider’s stock.

A number of other equities research analysts also recently weighed in on the company. Bank of America raised TransUnion from a neutral rating to a buy rating and set a $92.00 target price for the company in a report on Thursday, June 20th. Needham & Company LLC raised their price target on TransUnion from $87.00 to $89.00 and gave the stock a buy rating in a research report on Thursday, April 25th. Morgan Stanley raised their price target on TransUnion from $87.00 to $90.00 and gave the stock an overweight rating in a research report on Friday, April 26th. Evercore ISI raised their price target on TransUnion from $70.00 to $80.00 and gave the stock an in-line rating in a research report on Tuesday, March 26th. Finally, Oppenheimer raised their price target on TransUnion from $81.00 to $90.00 and gave the stock an outperform rating in a research report on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, TransUnion presently has an average rating of Moderate Buy and an average target price of $83.73.

Read Our Latest Research Report on TRU

TransUnion Trading Up 3.5 %

Shares of TransUnion stock opened at $79.01 on Tuesday. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market capitalization of $15.34 billion, a price-to-earnings ratio of -55.25, a P/E/G ratio of 1.50 and a beta of 1.61. The business has a fifty day simple moving average of $75.17 and a two-hundred day simple moving average of $73.86.

TransUnion (NYSE:TRUGet Free Report) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. Research analysts forecast that TransUnion will post 3.42 EPS for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Thursday, May 16th. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,776 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $72.00, for a total transaction of $127,872.00. Following the sale, the insider now directly owns 71,547 shares in the company, valued at $5,151,384. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the sale, the insider now directly owns 70,547 shares in the company, valued at $5,239,525.69. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,776 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $72.00, for a total value of $127,872.00. Following the sale, the insider now owns 71,547 shares in the company, valued at $5,151,384. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,896 shares of company stock worth $1,237,376. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new position in shares of TransUnion in the fourth quarter worth approximately $30,000. Larson Financial Group LLC lifted its stake in shares of TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after acquiring an additional 342 shares during the period. Westpac Banking Corp lifted its stake in shares of TransUnion by 100.0% in the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after acquiring an additional 454 shares during the period. Assetmark Inc. lifted its stake in shares of TransUnion by 48.6% in the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after acquiring an additional 337 shares during the period. Finally, Headlands Technologies LLC lifted its stake in shares of TransUnion by 206.7% in the fourth quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock worth $78,000 after acquiring an additional 769 shares during the period.

TransUnion Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for TransUnion (NYSE:TRU)

Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.