TransUnion (NYSE:TRU) had its target price increased by Royal Bank of Canada to $60.00 in a report published on Tuesday morning. They currently have an outperform rating on the business services provider’s stock.
A number of other brokerages have also issued reports on TRU. Barclays reaffirmed a buy rating and issued a $65.00 price target on shares of TransUnion in a research note on Friday, December 15th. Atlantic Securities raised TransUnion from a neutral rating to an overweight rating in a research note on Friday, November 17th. Stifel Nicolaus reaffirmed a buy rating and issued a $59.00 price target (up from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. Morgan Stanley lowered TransUnion from an overweight rating to an equal weight rating and set a $54.00 price target on the stock. in a research note on Monday, October 30th. Finally, SunTrust Banks boosted their price objective on TransUnion to $64.00 and gave the stock a buy rating in a research note on Monday, October 30th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $56.30.
Shares of TransUnion (NYSE TRU) opened at $55.93 on Tuesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a market capitalization of $10,252.05, a P/E ratio of 33.26, a PEG ratio of 3.29 and a beta of 0.64. TransUnion has a 12 month low of $30.39 and a 12 month high of $56.77.
In other news, insider James M. Peck sold 18,864 shares of the company’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $52.41, for a total value of $988,662.24. Following the transaction, the insider now owns 239,313 shares of the company’s stock, valued at approximately $12,542,394.33. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Siddharth N. Mehta sold 65,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total value of $3,396,250.00. Following the completion of the transaction, the director now directly owns 33,389 shares in the company, valued at approximately $1,744,575.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,630,406 shares of company stock worth $243,995,475. Corporate insiders own 2.10% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of TRU. Public Employees Retirement Association of Colorado increased its holdings in shares of TransUnion by 138.6% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 2,329 shares during the last quarter. ETRADE Capital Management LLC acquired a new stake in shares of TransUnion in the 3rd quarter valued at about $204,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of TransUnion by 17.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after purchasing an additional 694 shares during the period. SG Americas Securities LLC acquired a new stake in shares of TransUnion in the 2nd quarter valued at about $212,000. Finally, Alpine Global Management LLC acquired a new stake in shares of TransUnion in the 2nd quarter valued at about $217,000.
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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