TransUnion (NYSE:TRU) Given Consensus Recommendation of “Moderate Buy” by Brokerages

TransUnion (NYSE:TRU) has earned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $98.71.

TRU has been the subject of several analyst reports. Robert W. Baird raised their price objective on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Morgan Stanley raised their price target on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Oppenheimer boosted their price objective on shares of TransUnion from $97.00 to $118.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a report on Thursday, October 10th. Finally, UBS Group began coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target on the stock.

TransUnion Price Performance

NYSE:TRU opened at $107.00 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $20.79 billion, a P/E ratio of -84.25, a P/E/G ratio of 1.39 and a beta of 1.62. TransUnion has a 12 month low of $42.09 and a 12 month high of $108.56. The business’s 50-day moving average is $99.49 and its 200 day moving average is $84.49.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the firm posted $0.76 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts forecast that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion’s dividend payout ratio is presently -33.07%.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the transaction, the insider now owns 69,547 shares in the company, valued at $6,268,966.58. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the sale, the insider now owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the sale, the insider now owns 69,547 shares in the company, valued at approximately $6,268,966.58. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,715 shares of company stock worth $1,299,729. 0.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in shares of TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 342 shares in the last quarter. Quarry LP raised its holdings in 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 purchasing an additional 520 shares during the period. GAMMA Investing LLC boosted its position in TransUnion by 32.9% during the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after purchasing an additional 142 shares in the last quarter. National Bank of Canada FI boosted its position in TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in TransUnion by 156.6% in 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 period.

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.