TransUnion (NYSE:TRU) Receives Consensus Rating of “Buy” from Brokerages

Shares of TransUnion (NYSE:TRU – Get Rating) have received a consensus rating of “Buy” from the sixteen brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $113.38.

Several equities analysts have recently commented on the company. Stifel Nicolaus lowered their target price on TransUnion from $120.00 to $118.00 and set a “buy” rating for the company in a report on Wednesday, February 23rd. Bank of America assumed coverage on TransUnion in a report on Friday, March 11th. They set a “buy” rating for the company. Zacks Investment Research lowered TransUnion from a “hold” rating to a “sell” rating and set a $90.00 target price for the company. in a report on Tuesday. Truist Financial lowered TransUnion from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a report on Thursday, January 27th. Finally, JPMorgan Chase & Co. lowered their target price on TransUnion from $140.00 to $124.00 and set an “overweight” rating for the company in a report on Wednesday, February 23rd.

In other TransUnion news, EVP Heather J. Russell sold 2,867 shares of the company’s stock in a transaction that occurred on Tuesday, March 1st. The stock was sold at an average price of $90.76, for a total value of $260,208.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Suzanne Patricia Clark bought 277 shares of the business’s stock in a transaction on Friday, February 25th. The stock was purchased at an average price of $90.35 per share, with a total value of $25,026.95. The disclosure for this purchase can be found here. Insiders sold 6,515 shares of company stock valued at $583,714 over the last 90 days. 0.22% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of TransUnion by 0.7% in the first quarter. Vanguard Group Inc. now owns 16,806,886 shares of the business services provider’s stock valued at $1,736,824,000 after buying an additional 116,546 shares in the last quarter. Farallon Capital Management LLC increased its holdings in shares of TransUnion by 121.9% in the first quarter. Farallon Capital Management LLC now owns 6,188,496 shares of the business services provider’s stock valued at $639,519,000 after buying an additional 3,399,314 shares in the last quarter. State Street Corp increased its holdings in shares of TransUnion by 1.8% in the fourth quarter. State Street Corp now owns 4,119,291 shares of the business services provider’s stock valued at $488,466,000 after buying an additional 71,121 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of TransUnion by 1.3% in the first quarter. Principal Financial Group Inc. now owns 4,038,566 shares of the business services provider’s stock valued at $417,345,000 after buying an additional 53,508 shares in the last quarter. Finally, Macquarie Group Ltd. increased its holdings in shares of TransUnion by 6.5% in the third quarter. Macquarie Group Ltd. now owns 3,754,995 shares of the business services provider’s stock valued at $421,723,000 after buying an additional 230,285 shares in the last quarter. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Shares of TransUnion stock opened at $80.90 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.41. The firm has a market cap of $15.57 billion, a P/E ratio of 11.95, a P/E/G ratio of 0.95 and a beta of 1.40. TransUnion has a fifty-two week low of $79.02 and a fifty-two week high of $125.35. The business has a 50-day moving average price of $93.47 and a 200 day moving average price of $102.72.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, June 10th. Shareholders of record on Friday, May 27th will be given a $0.095 dividend. The ex-dividend date of this dividend is Thursday, May 26th. This represents a $0.38 dividend on an annualized basis and a yield of 0.47%. TransUnion’s dividend payout ratio (DPR) is 5.61%.

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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