TransUnion (NYSE:TRU) Given Consensus Rating of “Moderate Buy” by Analysts

TransUnion (NYSE:TRU – Get Rating) has been given an average recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $78.00.

Several research firms have recently weighed in on TRU. Bank of America lowered their price objective on TransUnion from $91.00 to $84.00 and set a “buy” rating for the company in a research report on Wednesday, February 15th. The Goldman Sachs Group lifted their price objective on TransUnion from $67.00 to $76.00 and gave the stock a “neutral” rating in a research report on Monday, February 6th. Wells Fargo & Company raised TransUnion from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $88.00 in a research report on Friday, January 13th. Robert W. Baird lifted their price objective on TransUnion from $78.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 15th. Finally, StockNews.com raised TransUnion from a “sell” rating to a “hold” rating in a research report on Thursday, February 2nd.

TransUnion Stock Up 0.2 %

Shares of NYSE:TRU opened at $61.49 on Thursday. The firm has a market cap of $11.86 billion, a P/E ratio of 44.24, a P/E/G ratio of 0.55 and a beta of 1.37. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.30. TransUnion has a 12-month low of $50.32 and a 12-month high of $105.00. The business has a fifty day simple moving average of $67.20 and a 200 day simple moving average of $63.51.

TransUnion (NYSE:TRU – Get Rating) last announced its earnings results on Tuesday, February 14th. The business services provider reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.04). The company had revenue of $902.10 million for the quarter, compared to the consensus estimate of $904.34 million. TransUnion had a return on equity of 15.22% and a net margin of 7.26%. Analysts predict that TransUnion will post 3.35 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 24th. Stockholders of record on Thursday, March 9th will be paid a $0.105 dividend. The ex-dividend date is Wednesday, March 8th. This represents a $0.42 annualized dividend and a dividend yield of 0.68%. TransUnion’s dividend payout ratio is presently 30.22%.

Hedge Funds Weigh In On TransUnion

A number of hedge funds have recently added to or reduced their stakes in the stock. Ergoteles LLC bought a new position in shares of TransUnion during the 3rd quarter worth approximately $278,000. AlphaCrest Capital Management LLC bought a new position in shares of TransUnion during the 3rd quarter worth approximately $1,036,000. Main Street Financial Solutions LLC lifted its position in shares of TransUnion by 15.3% during the 3rd quarter. Main Street Financial Solutions LLC now owns 5,729 shares of the business services provider’s stock worth $325,000 after buying an additional 759 shares in the last quarter. Great West Life Assurance Co. Can bought a new position in shares of TransUnion during the 3rd quarter worth approximately $8,398,000. Finally, Renaissance Technologies LLC bought a new position in shares of TransUnion during the 3rd quarter worth approximately $32,911,000. Institutional investors and hedge funds own 95.02% of the company’s stock.

About TransUnion

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TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services, and decision-making capabilities to businesses. It operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.