TransUnion (NYSE:TRU) Given Average Recommendation of “Moderate Buy” by Brokerages

TransUnion (NYSE:TRU) has been given a consensus recommendation of “Moderate Buy” by the fourteen brokerages that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $84.53.

Several equities research analysts have commented on the stock. Truist Financial upped their price objective on shares of TransUnion from $70.00 to $85.00 in a report on Wednesday, July 19th. StockNews.com started coverage on shares of TransUnion in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Barclays increased their price target on shares of TransUnion from $67.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 25th. Jefferies Financial Group increased their price target on shares of TransUnion from $86.00 to $98.00 in a report on Monday, July 10th. Finally, Robert W. Baird increased their price target on shares of TransUnion from $91.00 to $95.00 in a report on Wednesday, July 26th.

TransUnion Price Performance

NYSE TRU opened at $81.75 on Thursday. The company has a market cap of $15.80 billion, a PE ratio of 68.13, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. TransUnion has a 52 week low of $50.32 and a 52 week high of $82.75. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.20. The firm’s 50-day simple moving average is $79.06 and its two-hundred day simple moving average is $71.12.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $968.00 million for the quarter, compared to the consensus estimate of $957.64 million. TransUnion had a net margin of 6.19% and a return on equity of 13.59%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share. Research analysts predict that TransUnion will post 3.22 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Wednesday, August 23rd will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.51%. The ex-dividend date is Tuesday, August 22nd. TransUnion’s dividend payout ratio (DPR) is presently 35.00%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,277 shares of TransUnion stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $82.06, for a total transaction of $104,790.62. Following the transaction, the insider now directly owns 58,136 shares of the company’s stock, valued at $4,770,640.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,277 shares of TransUnion stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $82.06, for a total transaction of $104,790.62. Following the transaction, the insider now directly owns 58,136 shares of the company’s stock, valued at $4,770,640.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 951 shares of TransUnion stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $73.66, for a total transaction of $70,050.66. Following the transaction, the insider now directly owns 62,372 shares in the company, valued at $4,594,321.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,864 shares of company stock valued at $777,087. 0.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of TransUnion by 522.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 35,948 shares of the business services provider’s stock worth $2,040,000 after purchasing an additional 30,173 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of TransUnion by 0.4% in the fourth quarter. California Public Employees Retirement System now owns 434,558 shares of the business services provider’s stock worth $24,661,000 after purchasing an additional 1,829 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in TransUnion by 30.3% in the first quarter. Russell Investments Group Ltd. now owns 21,574 shares of the business services provider’s stock valued at $1,340,000 after acquiring an additional 5,018 shares in the last quarter. HB Wealth Management LLC boosted its holdings in TransUnion by 8.0% in the first quarter. HB Wealth Management LLC now owns 5,373 shares of the business services provider’s stock valued at $334,000 after acquiring an additional 396 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in TransUnion by 1.4% in the fourth quarter. Treasurer of the State of North Carolina now owns 86,274 shares of the business services provider’s stock valued at $4,896,000 after acquiring an additional 1,170 shares in the last quarter.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that 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 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.