TransUnion (NYSE:TRU) PT Raised to $94.00 at Robert W. Baird

TransUnion (NYSE:TRU) had its target price raised by equities research analysts at Robert W. Baird from $87.00 to $94.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price target suggests a potential upside of 26.19% from the company’s current price.

TRU has been the subject of several other reports. Oppenheimer lifted their price objective on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. StockNews.com raised shares of TransUnion from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Barclays lifted their price objective on shares of TransUnion from $55.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 14th. Needham & Company LLC lifted their price objective on shares of TransUnion from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus lifted their price objective on shares of TransUnion from $76.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.60.

TransUnion Stock Performance

Shares of TRU stock opened at $74.49 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75. The firm has a 50 day moving average of $76.32 and a two-hundred day moving average of $67.91.

TransUnion (NYSE:TRU) last issued 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. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. On average, equities analysts predict that TransUnion will post 3.31 earnings per share for the current fiscal year.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,275 shares of company stock worth $1,204,538. 0.22% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its stake in shares of TransUnion by 11.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock worth $487,000 after acquiring an additional 715 shares during the period. Lecap Asset Management Ltd. acquired a new position in shares of TransUnion during the fourth quarter worth about $1,006,000. Heron Bay Capital Management increased its stake in shares of TransUnion by 37.3% during the fourth quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock worth $11,850,000 after acquiring an additional 46,826 shares during the period. SG Americas Securities LLC increased its stake in shares of TransUnion by 204.6% during the fourth quarter. SG Americas Securities LLC now owns 45,126 shares of the business services provider’s stock worth $3,101,000 after acquiring an additional 30,312 shares during the period. Finally, DAVENPORT & Co LLC increased its stake in shares of TransUnion by 607.6% during the fourth quarter. DAVENPORT & Co LLC now owns 20,917 shares of the business services provider’s stock worth $1,446,000 after acquiring an additional 17,961 shares during the period.

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.