TransUnion (NYSE:TRU) PT Raised to $125.00 at Wells Fargo & Company

TransUnion (NYSE:TRU) had its price target raised by equities research analysts at Wells Fargo & Company from $100.00 to $125.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 19.38% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Needham & Company LLC cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. The Goldman Sachs Group increased their target price on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. UBS Group initiated coverage on TransUnion in a research note on Tuesday. They issued a “neutral” rating and a $110.00 target price for the company. Royal Bank of Canada raised their price objective on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Finally, Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price on the stock in a research report on Thursday, June 20th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $94.69.

TransUnion Price Performance

Shares of TransUnion stock traded up $1.28 on Wednesday, reaching $104.71. The stock had a trading volume of 66,453 shares, compared to its average volume of 1,597,842. TransUnion has a 1 year low of $42.09 and a 1 year high of $106.67. 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 cap of $20.35 billion, a P/E ratio of -73.22, a price-to-earnings-growth ratio of 1.39 and a beta of 1.62. The business’s 50 day moving average is $94.05 and its two-hundred day moving average is $82.10.

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

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jennifer A. Williams sold 405 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 $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. The disclosure for this sale can be found here. Insiders have sold a total of 24,080 shares of company stock valued at $2,067,454 over the last quarter. 0.22% of the stock is owned by corporate insiders.

Institutional Trading of TransUnion

A number of institutional investors have recently modified their holdings of TRU. Capital International Investors purchased a new stake in TransUnion during the fourth quarter valued at approximately $663,001,000. Massachusetts Financial Services Co. MA increased its holdings in shares of TransUnion by 32.2% during 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 purchasing an additional 3,977,595 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of TransUnion by 51.8% in the 1st 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 purchasing an additional 2,306,596 shares during the period. CCLA Investment Management boosted its holdings in TransUnion by 104,813.6% during the first quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after buying an additional 1,945,340 shares in the last quarter. Finally, XN LP grew its position 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 during the period.

About TransUnion

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.