TransUnion (NYSE:TRU) Receives New Coverage from Analysts at UBS Group

Investment analysts at UBS Group initiated coverage on shares of TransUnion (NYSE:TRU) in a research note issued on Tuesday, Briefing.com reports. The brokerage set a “neutral” rating and a $110.00 price target on the business services provider’s stock. UBS Group’s price target suggests a potential upside of 5.07% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company raised TransUnion to a “strong-buy” rating in a research note on Tuesday, August 13th. Royal Bank of Canada increased their target price on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research note on Thursday, June 20th. Wolfe Research started coverage on shares of TransUnion in a research report on Tuesday, July 9th. They set a “peer perform” rating for the company. Finally, Morgan Stanley boosted their target price on TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a research report on Thursday, September 12th. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $93.13.

TransUnion Trading Up 0.7 %

Shares of TRU stock opened at $104.69 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a twelve month low of $42.09 and a twelve month high of $106.67. The company’s 50-day moving average price is $94.05 and its 200-day moving average price is $82.10. The stock has a market cap of $20.34 billion, a price-to-earnings ratio of -73.21, a PEG ratio of 1.39 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS. As a group, equities analysts predict that TransUnion will post 3.44 earnings per share for the current year.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the sale, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at $1,904,527.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at approximately $6,268,966.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,080 shares of company stock valued at $2,067,454. 0.22% of the stock is currently owned by corporate insiders.

Institutional Trading of TransUnion

A number of hedge funds have recently added to or reduced their stakes in TRU. Capital International Investors acquired a new position in shares of TransUnion in the fourth quarter valued at approximately $663,001,000. Massachusetts Financial Services Co. MA increased its stake in TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after buying an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD raised its position in TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after buying an additional 2,306,596 shares during the last quarter. CCLA Investment Management lifted its stake in shares of TransUnion by 104,813.6% in the 1st quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after acquiring an additional 1,945,340 shares during the period. Finally, XN LP boosted its holdings in shares of TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after acquiring an additional 1,303,996 shares in the last quarter.

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.