TransUnion (NYSE:TRU) Price Target Lowered to $115.00 at Oppenheimer

TransUnion (NYSE:TRU) had its price objective dropped by equities researchers at Oppenheimer from $122.00 to $115.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Oppenheimer’s price objective suggests a potential upside of 16.39% from the company’s previous close.

Several other analysts have also weighed in on the stock. Barclays lifted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Stifel Nicolaus lifted their price objective on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research note on Thursday, October 10th. Finally, Robert W. Baird boosted their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

TransUnion Stock Up 2.1 %

Shares of NYSE TRU opened at $98.80 on Wednesday. The company has a market capitalization of $19.26 billion, a P/E ratio of 85.92, a price-to-earnings-growth ratio of 1.32 and a beta of 1.62. TransUnion has a 52-week low of $56.85 and a 52-week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company’s 50 day moving average price is $103.68 and its 200-day moving average price is $89.41.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 EPS. Equities analysts forecast that TransUnion will post 3.46 earnings per share for the current year.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction 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 approximately $1,904,527.08. The trade was a 13.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,315 shares of company stock worth $1,119,897 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TransUnion

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Huntington National Bank boosted its holdings in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after buying an additional 459 shares during the last quarter. Quarry LP boosted its holdings in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after buying an additional 103 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in TransUnion by 156.6% during the second 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 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.