TransUnion (NYSE:TRU) Price Target Lowered to $88.00 at Barclays

TransUnion (NYSE:TRU – Get Rating) had its price target dropped by Barclays from $105.00 to $88.00 in a research note issued on Friday, The Fly reports. Barclays‘s price target would suggest a potential upside of 14.81% from the stock’s previous close.

Several other analysts also recently commented on TRU. Morgan Stanley reduced their target price on TransUnion from $98.00 to $91.00 and set an “equal weight” rating for the company in a research note on Thursday. TheStreet downgraded TransUnion from a “b” rating to a “c+” rating in a research note on Monday, March 21st. Deutsche Bank Aktiengesellschaft cut their price target on TransUnion from $124.00 to $114.00 in a research note on Wednesday, April 27th. Cowen cut their price target on TransUnion from $126.00 to $115.00 in a research note on Wednesday, February 23rd. Finally, Credit Suisse Group dropped their target price on shares of TransUnion from $100.00 to $90.00 in a research report on Wednesday, April 27th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion has an average rating of “Buy” and an average price target of $112.75.

Shares of NYSE:TRU opened at $76.65 on Friday. The firm has a market cap of $14.75 billion, a P/E ratio of 11.32, a P/E/G ratio of 0.95 and a beta of 1.39. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.41. TransUnion has a 12-month low of $75.96 and a 12-month high of $125.35. The business has a fifty day simple moving average of $86.22 and a 200 day simple moving average of $98.39.

TransUnion (NYSE:TRU – Get Rating) last posted its quarterly earnings data on Tuesday, April 26th. The business services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.01. TransUnion had a return on equity of 18.53% and a net margin of 39.90%. The firm had revenue of $921.30 million during the quarter, compared to analyst estimates of $910.55 million. During the same period last year, the company posted $0.84 EPS. The business’s quarterly revenue was up 31.8% on a year-over-year basis. As a group, equities research analysts expect that TransUnion will post 3.65 EPS for the current year.

In other 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 transaction of $31,881.60. Following the completion of the transaction, the director now directly owns 5,399 shares in the company, valued at approximately $425,009.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in the stock. West Oak Capital LLC boosted its position in TransUnion by 8.7% during the fourth quarter. West Oak Capital LLC now owns 1,250 shares of the business services provider’s stock valued at $148,000 after buying an additional 100 shares during the period. Keybank National Association OH boosted its position in TransUnion by 3.4% during the first quarter. Keybank National Association OH now owns 3,924 shares of the business services provider’s stock valued at $406,000 after buying an additional 130 shares during the period. Fort Washington Investment Advisors Inc. OH boosted its position in TransUnion by 5.0% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 3,174 shares of the business services provider’s stock valued at $376,000 after buying an additional 150 shares during the period. Xponance Inc. boosted its position in TransUnion by 1.0% during the first quarter. Xponance Inc. now owns 15,654 shares of the business services provider’s stock valued at $1,618,000 after buying an additional 158 shares during the period. Finally, Penserra Capital Management LLC raised its stake in shares of TransUnion by 23.6% during the fourth quarter. Penserra Capital Management LLC now owns 849 shares of the business services provider’s stock valued at $100,000 after acquiring an additional 162 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

About TransUnion (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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