TransUnion (NYSE:TRU) Given New $120.00 Price Target at Stifel Nicolaus

TransUnion (NYSE:TRU) had its price objective lifted by Stifel Nicolaus from $103.00 to $120.00 in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the business services provider’s stock.

A number of other equities analysts also recently commented on the stock. Barclays boosted their price objective on shares of 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 raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Thursday, October 10th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Thursday. Oppenheimer increased their target price on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $104.53.

TransUnion Stock Down 2.9 %

Shares of NYSE:TRU opened at $103.59 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market capitalization of $20.12 billion, a PE ratio of -72.44, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62. The business has a 50 day simple moving average of $101.57 and a two-hundred day simple moving average of $85.73. TransUnion has a 1 year low of $42.09 and a 1 year high of $113.17.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.80 earnings per share. On average, equities analysts predict that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.41%. TransUnion’s payout ratio is -29.37%.

Insider Transactions at TransUnion

In other news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were 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 in the company, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were 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 in the company, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,715 shares of company stock worth $1,299,729 in the last 90 days. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

A number of hedge funds have recently made changes to their positions in TRU. Hengehold Capital Management LLC purchased a new position in TransUnion in the 1st quarter valued at approximately $216,000. Toth Financial Advisory Corp raised its holdings in shares of TransUnion by 23.5% in the 1st quarter. Toth Financial Advisory Corp now owns 60,167 shares of the business services provider’s stock valued at $4,801,000 after purchasing an additional 11,467 shares in the last quarter. Principal Financial Group Inc. raised its stake in TransUnion by 31.9% during the 1st quarter. Principal Financial Group Inc. now owns 16,609 shares of the business services provider’s stock worth $1,325,000 after acquiring an additional 4,021 shares in the last quarter. HB Wealth Management LLC raised its stake in TransUnion by 7.0% during the 1st quarter. HB Wealth Management LLC now owns 5,396 shares of the business services provider’s stock worth $431,000 after acquiring an additional 352 shares in the last quarter. Finally, LifePlan Financial LLC acquired a new stake in TransUnion during the 1st quarter worth $294,000.

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.