Evercore ISI Raises TransUnion (NYSE:TRU) Price Target to $80.00

TransUnion (NYSE:TRU) had its price target upped by Evercore ISI from $70.00 to $80.00 in a research note published on Tuesday morning, Benzinga reports. They currently have an in-line rating on the business services provider’s stock.

A number of other brokerages have also issued reports on TRU. Royal Bank of Canada reaffirmed an outperform rating and set a $85.00 target price on shares of TransUnion in a research report on Wednesday, February 14th. Jefferies Financial Group upped their price target on TransUnion from $75.00 to $85.00 and gave the company a buy rating in a research report on Wednesday, January 17th. Oppenheimer assumed coverage on TransUnion in a research report on Tuesday, December 19th. They set an outperform rating and a $81.00 price target on the stock. Needham & Company LLC upped their price target on TransUnion from $75.00 to $87.00 and gave the company a buy rating in a research report on Tuesday, February 13th. Finally, Robert W. Baird upped their price target on TransUnion from $80.00 to $87.00 and gave the company an outperform rating in a research report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $77.80.

TransUnion Stock Down 0.1 %

TRU opened at $78.60 on Tuesday. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The stock’s fifty day moving average is $74.62 and its 200-day moving average is $67.88. The company has a market capitalization of $15.27 billion, a PE ratio of -52.75, a P/E/G ratio of 1.22 and a beta of 1.61.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company had revenue of $954.00 million for the quarter, compared to the consensus estimate of $927.04 million. During the same quarter in the previous year, the business earned $0.70 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post 3.3 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were paid a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 annualized dividend and a dividend yield of 0.53%. TransUnion’s dividend payout ratio (DPR) is presently -28.19%.

Insider Activity at TransUnion

In related news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the transaction, the executive vice president now owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On TransUnion

Several large investors have recently added to or reduced their stakes in TRU. Headlands Technologies LLC acquired a new position in shares of TransUnion in the 3rd quarter worth approximately $27,000. First Horizon Advisors Inc. raised its holdings in shares of TransUnion by 166.3% in the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider’s stock worth $29,000 after buying an additional 296 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of TransUnion in the 4th quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of TransUnion by 36.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider’s stock worth $48,000 after buying an additional 227 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of TransUnion in the 1st quarter worth approximately $49,000.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that 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 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.