TransUnion (TRU) Receives $75.64 Consensus PT from Brokerages

TransUnion (NYSE:TRU) has earned a consensus rating of “Buy” from the sixteen analysts that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $75.40.

Several equities research analysts have commented on TRU shares. Zacks Investment Research raised TransUnion from a “sell” rating to a “hold” rating in a report on Saturday, January 26th. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd. Exane BNP Paribas started coverage on TransUnion in a research note on Friday, March 15th. They issued a “neutral” rating and a $66.00 price target for the company. BNP Paribas started coverage on TransUnion in a research note on Friday, March 15th. They issued a “neutral” rating and a $66.00 price target for the company. Finally, Deutsche Bank boosted their price target on TransUnion from $69.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th.

TransUnion stock traded up $2.11 during mid-day trading on Thursday, hitting $66.66. The company had a trading volume of 1,278,264 shares, compared to its average volume of 1,537,707. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.90. TransUnion has a 12 month low of $52.15 and a 12 month high of $79.48. The company has a market capitalization of $12.12 billion, a price-to-earnings ratio of 28.86, a price-to-earnings-growth ratio of 3.91 and a beta of 0.94.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, April 23rd. The business services provider reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.07. TransUnion had a return on equity of 22.63% and a net margin of 11.43%. The business had revenue of $623.50 million for the quarter, compared to the consensus estimate of $618.38 million. During the same period in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. On average, equities research analysts predict that TransUnion will post 2.39 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Wednesday, May 22nd. TransUnion’s dividend payout ratio is currently 12.99%.

In related news, EVP John T. Danaher sold 4,318 shares of the company’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $65.54, for a total transaction of $283,001.72. Following the completion of the sale, the executive vice president now owns 69,491 shares in the company, valued at $4,554,440.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Timothy Elberfeld sold 1,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $70.00, for a total value of $70,000.00. Following the sale, the chief accounting officer now owns 13,062 shares of the company’s stock, valued at approximately $914,340. The disclosure for this sale can be found here. Insiders sold 378,511 shares of company stock valued at $25,042,932 in the last 90 days. Company insiders own 0.92% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Suntrust Banks Inc. purchased a new stake in TransUnion during the fourth quarter valued at $214,000. Prana Capital Management LP purchased a new stake in TransUnion during the fourth quarter valued at $1,315,000. Chicago Capital LLC purchased a new stake in TransUnion during the first quarter valued at $18,666,000. Morgan Stanley increased its position in TransUnion by 19.6% during the third quarter. Morgan Stanley now owns 281,183 shares of the business services provider’s stock valued at $20,690,000 after acquiring an additional 46,138 shares during the last quarter. Finally, DNB Asset Management AS increased its position in TransUnion by 42.3% during the fourth quarter. DNB Asset Management AS now owns 24,187 shares of the business services provider’s stock valued at $1,374,000 after acquiring an additional 7,187 shares during the last quarter.

About TransUnion

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.

See Also: Special Dividends

Analyst Recommendations for TransUnion (NYSE:TRU)

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