TransUnion (NYSE:TRU) Price Target Cut to $115.00 by Analysts at Oppenheimer

TransUnion (NYSE:TRU) had its target price dropped by Oppenheimer from $122.00 to $115.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Oppenheimer’s target price points to a potential upside of 18.53% from the stock’s previous close.

TRU has been the topic of a number of other research reports. Stifel Nicolaus increased their price target on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Barclays raised their price target on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

TransUnion Stock Up 0.1 %

NYSE TRU opened at $97.03 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The business has a fifty day moving average price of $103.68 and a 200 day moving average price of $89.36. The company has a market cap of $18.91 billion, a P/E ratio of 84.37, a P/E/G ratio of 1.30 and a beta of 1.62. TransUnion has a one year low of $56.85 and a one year high of $113.17.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the business posted $0.80 EPS. The company’s revenue was up 12.0% compared to the same quarter last year. Research analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

Insider Transactions at TransUnion

In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. The trade was a 13.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now directly owns 62,988 shares of the company’s stock, valued at $6,655,312.08. The trade was a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,315 shares of company stock valued at $1,119,897 over the last three months. 0.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TransUnion

Several institutional investors and hedge funds have recently modified their holdings of TRU. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after acquiring an additional 3,977,595 shares in the last quarter. FMR LLC raised its stake in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after buying an additional 3,427,199 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in TransUnion by 51.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares in the last quarter. XN LP raised its stake in TransUnion by 194.7% during the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after buying an additional 1,303,996 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new stake in TransUnion during the third quarter valued at approximately $92,661,000.

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.