TransUnion (TRU) Rating Reiterated by Barclays

TransUnion (NYSE:TRU)‘s stock had its “buy” rating reiterated by Barclays in a report issued on Friday. They currently have a $65.00 target price on the business services provider’s stock. Barclays’ price target would suggest a potential upside of 17.20% from the stock’s current price.

A number of other research firms have also weighed in on TRU. Atlantic Securities upgraded shares of TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. Royal Bank of Canada reiterated a “buy” rating and issued a $57.00 price objective on shares of TransUnion in a research note on Friday, October 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $59.00 price objective (up previously from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. Morgan Stanley lowered shares of TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 price objective on the stock. in a research note on Monday, October 30th. Finally, SunTrust Banks increased their price objective on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $56.00.

Shares of TransUnion (TRU) opened at $55.46 on Friday. The firm has a market cap of $10,120.00 and a price-to-earnings ratio of 32.78. TransUnion has a 52 week low of $30.39 and a 52 week high of $56.58. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million for the quarter, compared to analyst estimates of $475.52 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. research analysts forecast that TransUnion will post 1.71 EPS for the current fiscal year.

In other TransUnion news, insider James M. Peck sold 215,381 shares of the stock in a transaction on Friday, December 15th. The shares were sold at an average price of $54.80, for a total transaction of $11,802,878.80. Following the transaction, the insider now directly owns 402,343 shares of the company’s stock, valued at $22,048,396.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher A. Cartwright sold 234,565 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total transaction of $12,912,803.25. Following the transaction, the executive vice president now directly owns 105,917 shares in the company, valued at $5,830,730.85. The disclosure for this sale can be found here. Insiders have sold 4,650,406 shares of company stock worth $243,999,475 over the last three months. 2.10% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio lifted its holdings in TransUnion by 21.4% during the third quarter. Public Employees Retirement System of Ohio now owns 65,083 shares of the business services provider’s stock valued at $3,076,000 after purchasing an additional 11,485 shares in the last quarter. Sterling Capital Management LLC purchased a new position in TransUnion during the third quarter valued at $1,778,000. Neuberger Berman Group LLC lifted its holdings in TransUnion by 20.1% during the third quarter. Neuberger Berman Group LLC now owns 2,584,349 shares of the business services provider’s stock valued at $122,136,000 after purchasing an additional 433,060 shares in the last quarter. California Public Employees Retirement System lifted its holdings in TransUnion by 1.2% during the third quarter. California Public Employees Retirement System now owns 263,300 shares of the business services provider’s stock valued at $12,444,000 after purchasing an additional 3,200 shares in the last quarter. Finally, Bamco Inc. NY lifted its holdings in TransUnion by 35.3% during the third quarter. Bamco Inc. NY now owns 864,169 shares of the business services provider’s stock valued at $40,841,000 after purchasing an additional 225,243 shares in the last quarter.

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TransUnion Company Profile

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

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