UBS Group Issues Positive Forecast for TransUnion (NYSE:TRU) Stock Price

TransUnion (NYSE:TRU) had its target price raised by equities researchers at UBS Group from $102.00 to $104.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s target price points to a potential upside of 6.81% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Oppenheimer reduced their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company cut their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Thursday, January 16th. Finally, Morgan Stanley cut their price objective on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.63.

TransUnion Stock Performance

Shares of TransUnion stock traded down $1.89 during trading on Monday, reaching $97.37. The company’s stock had a trading volume of 640,930 shares, compared to its average volume of 1,380,815. The business’s 50-day moving average price is $95.95 and its 200-day moving average price is $97.02. The firm has a market cap of $18.98 billion, a PE ratio of 85.00, a P/E/G ratio of 1.20 and a beta of 1.63. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

Insider Activity

In other TransUnion news, Director George M. Awad sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction that occurred on 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. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock valued at $1,916,758 over the last quarter. 0.28% of the stock is owned by company insiders.

Hedge Funds Weigh In On TransUnion

A number of institutional investors and hedge funds have recently modified their holdings of the business. Townsquare Capital LLC boosted its holdings in shares of TransUnion by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after buying an additional 100 shares in the last quarter. Signaturefd LLC lifted its holdings 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. Huntington National Bank lifted its holdings in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of TransUnion by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock worth $1,261,000 after purchasing an additional 131 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of TransUnion by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider’s stock worth $101,000 after purchasing an additional 138 shares in 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.