TransUnion’s (TRU) Buy Rating Reaffirmed at Robert W. Baird

Robert W. Baird restated their buy rating on shares of TransUnion (NYSE:TRU) in a research report released on Tuesday morning. The brokerage currently has a $62.00 price objective on the business services provider’s stock.

Several other analysts have also recently issued reports on the company. Royal Bank of Canada reaffirmed a buy rating and set a $57.00 price objective on shares of TransUnion in a report on Friday, October 27th. Zacks Investment Research raised TransUnion from a hold rating to a buy rating and set a $48.00 price objective on the stock in a report on Monday, September 18th. Barclays reaffirmed an overweight rating and set a $50.00 price objective (up from $48.00) on shares of TransUnion in a report on Thursday, September 14th. JPMorgan Chase & Co. increased their price target on TransUnion from $54.00 to $60.00 and gave the company an overweight rating in a report on Monday, October 30th. Finally, Cowen restated a buy rating and set a $48.00 price target on shares of TransUnion in a report on Thursday, October 12th. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $57.55.

Shares of TransUnion (NYSE:TRU) traded up $0.35 on Tuesday, hitting $57.14. The stock had a trading volume of 511,300 shares, compared to its average volume of 1,189,250. The stock has a market cap of $10,360.00 and a PE ratio of 43.95. TransUnion has a twelve month low of $31.35 and a twelve month high of $57.24. 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 issued its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.06. The business had revenue of $498.00 million for the quarter, compared to analysts’ expectations of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. analysts expect that TransUnion will post 1.71 earnings per share for the current year.

In related news, CEO James M. Peck sold 18,106 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $946,038.50. Following the sale, the chief executive officer now owns 202,343 shares in the company, valued at approximately $10,572,421.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Todd M. Cello sold 4,110 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total value of $217,706.70. Following the sale, the chief financial officer now owns 21,963 shares in the company, valued at approximately $1,163,380.11. The disclosure for this sale can be found here. Insiders have sold a total of 4,630,224 shares of company stock worth $243,986,497 in the last 90 days. 2.10% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in TRU. ETRADE Capital Management LLC purchased a new stake in TransUnion in the third quarter worth $204,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in TransUnion by 17.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock worth $207,000 after purchasing an additional 694 shares during the period. SG Americas Securities LLC purchased a new stake in TransUnion in the second quarter worth $212,000. Alpine Global Management LLC purchased a new stake in TransUnion in the second quarter worth $217,000. Finally, Wolverine Trading LLC purchased a new stake in TransUnion in the second quarter worth $232,000.

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About TransUnion

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.

Analyst Recommendations for TransUnion (NYSE:TRU)

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