TransUnion (NYSE:TRU – Get Rating) – Equities research analysts at Jefferies Financial Group cut their FY2022 EPS estimates for TransUnion in a note issued to investors on Wednesday, June 15th. Jefferies Financial Group analyst H. Mazari now anticipates that the business services provider will post earnings per share of $3.63 for the year, down from their previous estimate of $3.68. The consensus estimate for TransUnion’s current full-year earnings is $3.65 per share. Jefferies Financial Group also issued estimates for TransUnion’s Q4 2022 earnings at $0.91 EPS, Q1 2023 earnings at $1.04 EPS, Q2 2023 earnings at $1.10 EPS and Q3 2023 earnings at $1.14 EPS.
A number of other analysts have also recently issued reports on TRU. StockNews.com started coverage on shares of TransUnion in a research note on Thursday, March 31st. They issued a “hold” rating for the company. The Goldman Sachs Group lowered shares of TransUnion from a “buy” rating to a “neutral” rating and dropped their price target for the company from $125.00 to $109.00 in a research report on Friday, March 18th. Stifel Nicolaus dropped their price target on shares of TransUnion from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Wednesday, February 23rd. Credit Suisse Group dropped their price target on shares of TransUnion from $100.00 to $90.00 in a research report on Wednesday, April 27th. Finally, TheStreet lowered shares of TransUnion from a “b” rating to a “c+” rating in a research report on Monday, March 21st. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $114.17.
TransUnion (NYSE:TRU – Get Rating) last posted its earnings results on Tuesday, April 26th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01. The firm had revenue of $921.30 million during the quarter, compared to analysts’ expectations of $910.55 million. TransUnion had a net margin of 39.90% and a return on equity of 18.53%. The company’s revenue was up 31.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.84 earnings per share.
A number of institutional investors have recently made changes to their positions in TRU. UMB Bank N A MO bought a new stake in TransUnion in the 4th quarter valued at $26,000. MUFG Americas Holdings Corp acquired a new stake in shares of TransUnion in the 4th quarter valued at $30,000. Standard Family Office LLC acquired a new stake in shares of TransUnion in the 4th quarter valued at $30,000. KB Financial Partners LLC acquired a new stake in shares of TransUnion in the 4th quarter valued at $31,000. Finally, Riverview Trust Co acquired a new stake in shares of TransUnion in the 1st quarter valued at $32,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.
In other TransUnion news, Director William Bosworth sold 405 shares of the business’s stock in a transaction on Monday, June 13th. The shares were sold at an average price of $78.72, for a total value of $31,881.60. Following the sale, the director now owns 5,399 shares of the company’s stock, valued at approximately $425,009.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.22% of the company’s stock.
The business also recently announced a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 27th were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend was Thursday, May 26th. TransUnion’s dividend payout ratio (DPR) is currently 5.61%.
TransUnion Company Profile (Get Rating)
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics to businesses. These businesses use 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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