TransUnion (NYSE:TRU) Given “Hold” Rating at Needham & Company LLC

Needham & Company LLC restated their hold rating on shares of TransUnion (NYSE:TRU) in a research report report published on Thursday, Benzinga reports.

Other research analysts also recently issued research reports about the company. Royal Bank of Canada upped their target price on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Oppenheimer boosted their price target on TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. UBS Group began coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Finally, The Goldman Sachs Group boosted their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.53.

TransUnion Stock Down 1.9 %

TRU stock opened at $106.64 on Thursday. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The business’s 50 day moving average price is $101.36 and its two-hundred day moving average price is $85.52. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $20.71 billion, a price-to-earnings ratio of -74.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its 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 positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts forecast that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders 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 yield of 0.39%. TransUnion’s dividend payout ratio is presently -29.37%.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction 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 completion of the sale, the insider now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Signaturefd LLC increased its stake in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co increased its stake in shares of TransUnion by 0.7% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after purchasing an additional 123 shares in the last quarter. V Square Quantitative Management LLC increased its stake in shares of TransUnion by 6.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after purchasing an additional 165 shares in the last quarter. National Bank of Canada FI increased its stake in shares of TransUnion by 22.3% in the 2nd 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, OLD National Bancorp IN increased its stake in shares of TransUnion by 5.8% in the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider’s stock worth $341,000 after purchasing an additional 254 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.