TransUnion (NYSE:TRU) PT Raised to $106.00 at Royal Bank of Canada

TransUnion (NYSE:TRU) had its target price raised by Royal Bank of Canada from $85.00 to $106.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Royal Bank of Canada’s target price points to a potential upside of 23.34% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Oppenheimer upped their price objective on shares of TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Tuesday, April 9th. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research note on Thursday, June 20th. Stifel Nicolaus raised their target price on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Robert W. Baird raised their target price on shares of TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Morgan Stanley raised their price target on shares of TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

TransUnion Price Performance

Shares of TRU stock traded up $2.13 during trading hours on Friday, hitting $85.94. The company’s stock had a trading volume of 618,669 shares, compared to its average volume of 1,600,778. The business has a fifty day moving average of $75.44 and a 200-day moving average of $74.74. The stock has a market cap of $16.69 billion, a price-to-earnings ratio of -59.94, a P/E/G ratio of 1.52 and a beta of 1.61. TransUnion has a twelve month low of $42.09 and a twelve month high of $86.43. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. As a group, equities research analysts anticipate that TransUnion will post 3.43 EPS for the current year.

Insider Transactions at TransUnion

In related news, CFO Todd M. Cello sold 12,865 shares of TransUnion stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction 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. In the last three months, insiders have sold 29,761 shares of company stock worth $2,266,576. 0.22% of the stock is currently owned by insiders.

Hedge Funds Weigh In On TransUnion

Several hedge funds have recently made changes to their positions in the business. Cornerstone Investment Partners LLC grew its stake in shares of TransUnion by 1.4% in the 1st quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock worth $765,000 after purchasing an additional 135 shares during the last quarter. GAMMA Investing LLC increased its position in shares of TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after acquiring an additional 142 shares in the last quarter. Xponance Inc. increased its position in shares of TransUnion by 1.9% in the fourth quarter. Xponance Inc. now owns 8,215 shares of the business services provider’s stock worth $564,000 after acquiring an additional 157 shares in the last quarter. Concord Wealth Partners increased its position in shares of TransUnion by 7.4% in the fourth quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider’s stock worth $159,000 after acquiring an additional 159 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its position in shares of TransUnion by 6.4% in the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after acquiring an additional 165 shares in the last quarter.

About TransUnion

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.