TransUnion (NYSE:TRU) PT Raised to $90.00 at Morgan Stanley

TransUnion (NYSE:TRU) had its price objective lifted by equities researchers at Morgan Stanley from $87.00 to $90.00 in a research note issued on Friday, Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. Morgan Stanley’s price objective points to a potential upside of 19.82% from the stock’s previous close.

A number of other brokerages have also recently issued reports on TRU. Evercore ISI boosted their target price on TransUnion from $70.00 to $80.00 and gave the stock an “in-line” rating in a report on Tuesday, March 26th. Jefferies Financial Group boosted their price target on TransUnion from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Robert W. Baird upped their target price on TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday. Oppenheimer upped their target price on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, April 9th. Finally, Stifel Nicolaus upped their target price on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $83.60.

TransUnion Trading Up 1.1 %

TRU traded up $0.82 during midday trading on Friday, hitting $75.11. The company’s stock had a trading volume of 925,158 shares, compared to its average volume of 1,700,842. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28. The firm has a market cap of $14.59 billion, a P/E ratio of -50.40, a PEG ratio of 1.06 and a beta of 1.61. The firm has a 50-day moving average price of $76.33 and a two-hundred day moving average price of $67.88. TransUnion has a 52-week low of $42.09 and a 52-week high of $82.75.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. On average, research analysts anticipate that TransUnion will post 3.31 earnings per share for the current year.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the sale, the executive vice president now owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,275 shares of company stock valued at $1,204,538. 0.22% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TransUnion

Several hedge funds have recently modified their holdings of the stock. Headlands Technologies LLC purchased a new stake in TransUnion in the 3rd quarter worth about $27,000. GAMMA Investing LLC acquired a new position in TransUnion in the 4th quarter worth about $30,000. Westpac Banking Corp increased its position in TransUnion by 100.0% in the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after purchasing an additional 454 shares during the last quarter. CENTRAL TRUST Co increased its position in TransUnion by 569.3% in the 3rd quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares during the last quarter. Finally, Assetmark Inc. increased its position in TransUnion by 48.6% in the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after purchasing an additional 337 shares during 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.