TransUnion (NYSE:TRU – Get Free Report)‘s stock had its “hold” rating reiterated by Needham & Company LLC in a research report issued to clients and investors on Thursday,Benzinga reports.
Several other equities analysts have also recently weighed in on TRU. UBS Group initiated coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Wells Fargo & Company decreased their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. The Goldman Sachs Group raised their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $108.19.
Read Our Latest Stock Analysis on TransUnion
TransUnion Price Performance
TransUnion (NYSE:TRU – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. 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 company posted $0.80 earnings per share. The business’s revenue was up 12.0% on a year-over-year basis. Sell-side analysts forecast that TransUnion will post 3.44 EPS for the current fiscal year.
Insider Transactions at TransUnion
In other news, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,090 shares of company stock worth $1,916,758 in the last quarter. Insiders own 0.28% of the company’s stock.
Institutional Trading of TransUnion
Institutional investors have recently modified their holdings of the business. Huntington National Bank grew its stake in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the period. True Wealth Design LLC grew its position in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 459 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in shares of TransUnion in the fourth quarter valued at $44,000. Finally, Quarry LP raised its stake in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 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.
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