Stifel Nicolaus Raises TransUnion (NYSE:TRU) Price Target to $92.00

TransUnion (NYSE:TRU) had its target price boosted by Stifel Nicolaus from $83.00 to $92.00 in a research note released on Friday morning, Benzinga reports. The brokerage currently has a buy rating on the business services provider’s stock.

TRU has been the topic of a number of other research reports. Wells Fargo & Company upped their price objective on TransUnion from $80.00 to $85.00 and gave the stock an overweight rating in a research note on Wednesday, February 14th. Oppenheimer upped their price objective on TransUnion from $81.00 to $90.00 and gave the stock an outperform rating in a research note on Tuesday, April 9th. Bank of America upgraded TransUnion from an underperform rating to a neutral rating and upped their price objective for the stock from $65.00 to $90.00 in a research note on Monday, April 1st. Royal Bank of Canada reiterated an outperform rating and set a $85.00 price objective on shares of TransUnion in a research note on Wednesday, February 14th. Finally, Truist Financial increased their price target on TransUnion from $65.00 to $75.00 and gave the company a hold rating in a research note on Wednesday, February 14th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Moderate Buy and a consensus price target of $83.60.

TransUnion Trading Up 0.3 %

NYSE:TRU opened at $74.49 on Friday. TransUnion has a twelve month low of $42.09 and a twelve month high of $82.75. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. The business has a 50 day moving average price of $76.32 and a two-hundred day moving average price of $67.85. The company has a market cap of $14.47 billion, a P/E ratio of -52.09, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.22% and a negative net margin of 7.02%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. As a group, analysts expect that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio is -29.37%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The stock was 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 of the company’s stock, valued at approximately $6,105,548.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were 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 directly owns 22,033 shares in the company, valued at $1,720,777.30. The disclosure for this sale can be found here. Insiders have sold a total of 15,275 shares of company stock valued at $1,204,538 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Institutional Trading of TransUnion

Several large investors have recently modified their holdings of TRU. Headlands Technologies LLC acquired a new stake in shares of TransUnion during the 3rd quarter worth $27,000. GAMMA Investing LLC acquired a new stake in shares of TransUnion during the 4th quarter worth $30,000. Westpac Banking Corp grew its holdings in shares of TransUnion by 100.0% during the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after purchasing an additional 454 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of TransUnion by 569.3% during the 3rd quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of TransUnion by 48.6% during the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after purchasing an additional 337 shares in the last quarter.

TransUnion Company Profile

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.