TransUnion (NYSE:TRU) Upgraded at Wolfe Research

Wolfe Research upgraded shares of TransUnion (NYSE:TRU) from a peer perform rating to an outperform rating in a report published on Thursday morning, MarketBeat.com reports. Wolfe Research currently has $130.00 price objective on the business services provider’s stock.

A number of other research analysts have also weighed in on TRU. Robert W. Baird increased their price objective on TransUnion from $94.00 to $104.00 and gave the company an outperform rating in a report on Friday, July 26th. Needham & Company LLC downgraded shares of TransUnion from a buy rating to a hold rating in a report on Wednesday, August 28th. Barclays lifted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an equal weight rating in a research note on Friday, September 13th. UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a neutral rating and a $110.00 price objective on the stock. Finally, Oppenheimer boosted their target price 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. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of $98.71.

TransUnion Stock Performance

TRU opened at $105.70 on Thursday. The firm’s 50-day moving average price is $97.68 and its 200-day moving average price is $83.76. The company has a market cap of $20.54 billion, a P/E ratio of -83.23, a price-to-earnings-growth ratio of 1.40 and a beta of 1.62. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 52-week low of $42.09 and a 52-week high of $108.56.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.76 earnings per share. As a group, equities analysts anticipate that TransUnion will post 3.45 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given 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 0.40%. TransUnion’s dividend payout ratio (DPR) is -33.07%.

Insider Activity at TransUnion

In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the transaction, the insider now directly owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now directly owns 27,729 shares in the company, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,715 shares of company stock valued at $1,299,729. 0.22% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning grew its holdings in shares of TransUnion by 43.8% during the third quarter. Creative Planning now owns 11,278 shares of the business services provider’s stock worth $1,181,000 after buying an additional 3,436 shares in the last quarter. Gateway Investment Advisers LLC boosted its position in TransUnion by 56.5% during the third quarter. Gateway Investment Advisers LLC now owns 26,373 shares of the business services provider’s stock worth $2,761,000 after acquiring an additional 9,524 shares during the last quarter. Lion Street Advisors LLC purchased a new stake in TransUnion during the 3rd quarter valued at about $269,000. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in TransUnion by 433.3% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,600 shares of the business services provider’s stock valued at $167,000 after acquiring an additional 1,300 shares during the last quarter. Finally, CWM LLC lifted its stake in TransUnion by 492.8% in the 3rd quarter. CWM LLC now owns 13,883 shares of the business services provider’s stock worth $1,454,000 after purchasing an additional 11,541 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.