Wells Fargo & Company Increases TransUnion (NYSE:TRU) Price Target to $135.00

TransUnion (NYSE:TRU) had its price target upped by stock analysts at Wells Fargo & Company from $125.00 to $135.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 24.93% from the company’s previous close.

Several other analysts have also commented on the company. Morgan Stanley increased their price objective on TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a report on Thursday, September 12th. Robert W. Baird lifted their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays increased their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $100.82.

TransUnion Price Performance

Shares of NYSE TRU traded down $0.61 during mid-day trading on Thursday, reaching $108.06. The company’s stock had a trading volume of 88,431 shares, compared to its average volume of 1,578,813. 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 market capitalization of $20.99 billion, a PE ratio of -75.57, a P/E/G ratio of 1.38 and a beta of 1.62. TransUnion has a 52 week low of $42.09 and a 52 week high of $113.17. The stock has a fifty day moving average of $101.10 and a two-hundred day moving average of $85.37.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, sell-side analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the transaction, the insider now directly owns 69,547 shares in the company, valued at approximately $6,268,966.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRU. Larson Financial Group LLC increased its stake in shares of TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after purchasing an additional 342 shares during the last quarter. Quarry LP boosted its holdings in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the period. Signaturefd LLC boosted its holdings in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 103 shares during the period. Blue Trust Inc. boosted its holdings in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period. Finally, National Bank of Canada FI boosted its holdings in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares during the period.

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.