TransUnion (NYSE:TRU) Given New $104.00 Price Target at UBS Group

TransUnion (NYSE:TRU) had its price objective raised by UBS Group from $102.00 to $104.00 in a research note released on Monday morning,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

A number of other equities research analysts also recently issued reports on the stock. Robert W. Baird boosted their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Jefferies Financial Group reduced their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, 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 research report on Thursday, October 10th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $107.63.

TransUnion Price Performance

TransUnion stock opened at $96.31 on Monday. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The firm has a 50 day moving average price of $95.83 and a 200 day moving average price of $97.16. The company has a market cap of $18.77 billion, a price-to-earnings ratio of 83.75, a PEG ratio of 1.20 and a beta of 1.63. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.44%. TransUnion’s dividend payout ratio is presently 36.52%.

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Todd C. Skinner sold 3,090 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at $2,469,312.84. This represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,916,758 over the last ninety days. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Hedge funds have recently modified their holdings of the business. Massachusetts Financial Services Co. MA increased its position in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after purchasing an additional 2,840,800 shares during the period. Van ECK Associates Corp increased its position in TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock worth $476,493,000 after purchasing an additional 356,306 shares during the period. FMR LLC boosted its holdings in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after buying an additional 3,427,199 shares during the last quarter. Wellington Management Group LLP boosted its holdings in TransUnion by 16.8% during the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after buying an additional 635,581 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in TransUnion by 2.4% during the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock worth $330,251,000 after buying an additional 75,410 shares during the last quarter.

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.