TransUnion (NYSE:TRU) Hits New 12-Month High at $90.10

TransUnion (NYSE:TRU)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $90.10 and last traded at $89.98, with a volume of 52271 shares. The stock had previously closed at $89.89.

Analysts Set New Price Targets

TRU has been the topic of several recent analyst reports. Morgan Stanley boosted their target price on shares of TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Robert W. Baird increased their price objective on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price on the stock in a research note on Thursday, June 20th. Stifel Nicolaus increased their price target on shares of TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Finally, Royal Bank of Canada boosted their price objective on shares of TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $86.80.

TransUnion Stock Performance

The company has a market cap of $17.36 billion, a price-to-earnings ratio of -62.86, a P/E/G ratio of 1.29 and a beta of 1.61. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a fifty day simple moving average of $76.05 and a 200 day simple moving average of $75.28.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. On average, sell-side analysts expect that TransUnion will post 3.43 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were paid a $0.105 dividend. The ex-dividend date was Thursday, May 16th. This represents a $0.42 annualized dividend and a dividend yield of 0.47%. TransUnion’s payout ratio is -29.37%.

Insider Activity at TransUnion

In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction on 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,776 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The shares were 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. Insiders sold a total of 29,761 shares of company stock worth $2,266,576 in the last ninety days. 0.22% of the stock is currently owned by insiders.

Institutional Trading of TransUnion

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRU. Vanguard Group Inc. grew its stake in shares of TransUnion by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock valued at $1,230,645,000 after purchasing an additional 234,123 shares during the period. Capital International Investors acquired a new position in TransUnion during the fourth quarter worth $663,001,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of TransUnion by 570.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,029,897 shares of the business services provider’s stock valued at $483,024,000 after acquiring an additional 5,981,271 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of TransUnion by 51.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after acquiring an additional 2,306,596 shares during the period. Finally, Van ECK Associates Corp grew its holdings in shares of TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after purchasing an additional 572,121 shares during the last quarter.

TransUnion Company Profile

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.