TransUnion (NYSE:TRU) Price Target Raised to $94.00 at Robert W. Baird

TransUnion (NYSE:TRU) had its target price boosted by equities researchers at Robert W. Baird from $87.00 to $94.00 in a report released on Friday, Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s target price suggests a potential upside of 26.19% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group raised their target price on shares of TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Barclays raised their target price on shares of TransUnion from $55.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 14th. The Goldman Sachs Group raised their target price on shares of TransUnion from $63.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday, December 29th. Needham & Company LLC raised their target price on shares of TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday. Finally, StockNews.com raised shares of TransUnion from a “sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $83.60.

TransUnion Trading Up 0.3 %

TRU stock opened at $74.49 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $82.75. The firm’s 50-day simple moving average is $76.32 and its 200 day simple moving average is $67.91.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. Analysts predict that TransUnion will post 3.31 EPS for the current year.

Insiders Place Their Bets

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction dated 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 sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock worth $1,204,538 over the last ninety days. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of TransUnion

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of TransUnion by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after purchasing an additional 234,123 shares during the period. Capital International Investors acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $663,001,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of TransUnion by 570.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,029,897 shares of the business services provider’s stock worth $483,024,000 after purchasing an additional 5,981,271 shares during the period. Meritage Group LP boosted its holdings in shares of TransUnion by 56.5% during the fourth quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock worth $345,640,000 after purchasing an additional 1,815,540 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of TransUnion by 23.7% during the third quarter. Morgan Stanley now owns 4,923,690 shares of the business services provider’s stock worth $353,472,000 after purchasing an additional 942,924 shares during the period.

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.