TransUnion (NYSE:TRU) PT Raised to $119.00 at Morgan Stanley

TransUnion (NYSE:TRU) had its price target upped by Morgan Stanley from $103.00 to $119.00 in a research note published on Thursday, Benzinga reports. They currently have an overweight rating on the business services provider’s stock.

Several other equities research analysts have also recently issued reports on the company. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. UBS Group initiated coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price on the stock. Oppenheimer lifted their price target on shares of TransUnion from $118.00 to $122.00 and gave the company an “outperform” rating in a research report on Thursday. The Goldman Sachs Group increased their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Finally, Robert W. Baird boosted their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

TransUnion Stock Down 1.9 %

NYSE TRU opened at $106.64 on Thursday. The business’s fifty day simple moving average is $101.36 and its 200-day simple moving average is $85.52. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm has a market cap of $20.71 billion, a PE ratio of -74.57, 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.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $0.80 earnings per share. TransUnion’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, equities analysts anticipate that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.39%. TransUnion’s dividend payout ratio is currently -29.37%.

Insiders Place Their Bets

In other news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the transaction, the insider now owns 27,729 shares in the company, valued at approximately $2,373,047.82. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,715 shares of company stock worth $1,299,729 in the last 90 days. Corporate insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Several hedge funds have recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its holdings in shares of TransUnion by 237.5% in the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after buying an additional 342 shares in the last quarter. Quarry LP lifted its position in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 520 shares during the last quarter. National Bank of Canada FI boosted its stake in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the last quarter. Finally, Ridgewood Investments LLC acquired a new stake in shares of TransUnion during the second quarter worth about $75,000.

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.