Deutsche Bank Aktiengesellschaft Cuts TransUnion (NYSE:TRU) Price Target to $114.00

TransUnion (NYSE:TRUGet Rating) had its price objective dropped by equities researchers at Deutsche Bank Aktiengesellschaft from $124.00 to $114.00 in a report issued on Wednesday, The Fly reports. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 26.81% from the company’s current price.

Several other research analysts have also recently issued reports on TRU. Cowen decreased their price target on TransUnion from $126.00 to $115.00 in a research note on Wednesday, February 23rd. Stifel Nicolaus decreased their price target on TransUnion from $120.00 to $118.00 and set a “buy” rating for the company in a research note on Wednesday, February 23rd. Truist Financial cut TransUnion from a “buy” rating to a “hold” rating and set a $105.00 price target for the company. in a research note on Thursday, January 27th. StockNews.com initiated coverage on TransUnion in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Zacks Investment Research raised TransUnion from a “sell” rating to a “hold” rating and set a $100.00 price target for the company in a research note on Wednesday, April 13th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Buy” and an average target price of $114.15.

Shares of TRU opened at $89.90 on Wednesday. The company has a market cap of $17.30 billion, a P/E ratio of 12.52, a PEG ratio of 1.06 and a beta of 1.37. The stock has a fifty day moving average price of $96.55 and a 200 day moving average price of $106.22. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.94 and a quick ratio of 1.94. TransUnion has a 12 month low of $83.47 and a 12 month high of $125.35.

TransUnion (NYSE:TRUGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The business services provider reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.01. The firm had revenue of $921.30 million during the quarter, compared to the consensus estimate of $910.55 million. TransUnion had a return on equity of 20.58% and a net margin of 44.73%. The firm’s revenue was up 31.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 EPS. As a group, research analysts anticipate that TransUnion will post 3.66 earnings per share for the current year.

In other news, EVP Richard Dane Mauldin sold 3,500 shares of the company’s stock in a transaction on Friday, February 25th. The stock was sold at an average price of $87.99, for a total transaction of $307,965.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Heather J. Russell sold 2,867 shares of the company’s stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $90.76, for a total value of $260,208.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,515 shares of company stock valued at $583,714. 0.22% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. lifted its stake in TransUnion by 7.1% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 337,021 shares of the business services provider’s stock worth $34,826,000 after acquiring an additional 22,261 shares in the last quarter. Cerity Partners LLC lifted its stake in TransUnion by 193.5% in the 1st quarter. Cerity Partners LLC now owns 9,104 shares of the business services provider’s stock worth $941,000 after acquiring an additional 6,002 shares in the last quarter. Conestoga Capital Advisors LLC lifted its stake in TransUnion by 4.8% in the 1st quarter. Conestoga Capital Advisors LLC now owns 5,895 shares of the business services provider’s stock worth $609,000 after acquiring an additional 270 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in TransUnion by 1,734.0% in the 1st quarter. Assenagon Asset Management S.A. now owns 298,650 shares of the business services provider’s stock worth $30,862,000 after acquiring an additional 282,366 shares in the last quarter. Finally, Concorde Asset Management LLC acquired a new position in TransUnion in the 1st quarter worth about $400,000. 97.07% of the stock is owned by hedge funds and other institutional investors.

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.

See Also

The Fly logo

Analyst Recommendations for TransUnion (NYSE:TRU)

Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.