TransUnion (NYSE:TRU) Price Target Cut to $83.00 by Analysts at The Goldman Sachs Group

TransUnion (NYSE:TRU) had its price objective cut by The Goldman Sachs Group from $96.00 to $83.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

TRU has been the subject of a number of other research reports. BMO Capital Markets boosted their price target on TransUnion from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. UBS Group reissued a “neutral” rating and issued a $105.00 price objective (up previously from $98.00) on shares of TransUnion in a research note on Friday, July 25th. Wells Fargo & Company reduced their price objective on shares of TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday, July 25th. Finally, Needham & Company LLC raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Wednesday, September 3rd. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.79.

TransUnion Stock Down 10.3%

Shares of NYSE TRU opened at $73.82 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. The firm has a market capitalization of $14.38 billion, a price-to-earnings ratio of 36.91, a PEG ratio of 2.31 and a beta of 1.71. The stock has a 50 day moving average price of $89.65 and a 200 day moving average price of $86.63. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.TransUnion’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 earnings per share. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. Sell-side analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Friday, August 22nd were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.6%. TransUnion’s dividend payout ratio is presently 23.00%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $86.12, for a total transaction of $86,120.00. Following the transaction, the insider directly owned 65,592 shares of the company’s stock, valued at approximately $5,648,783.04. This represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jennifer A. Williams sold 972 shares of the company’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the transaction, the chief accounting officer directly owned 7,108 shares in the company, valued at approximately $660,262.12. The trade was a 12.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,309 shares of company stock valued at $836,649. Corporate insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently made changes to their positions in the company. Teacher Retirement System of Texas acquired a new position in shares of TransUnion in the 1st quarter valued at $2,364,000. Bank of New York Mellon Corp boosted its position in TransUnion by 1.3% in the first quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider’s stock valued at $96,919,000 after buying an additional 15,030 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in TransUnion by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 712,890 shares of the business services provider’s stock valued at $59,163,000 after buying an additional 12,372 shares during the last quarter. LPL Financial LLC boosted its position in TransUnion by 7.1% in the first quarter. LPL Financial LLC now owns 58,161 shares of the business services provider’s stock valued at $4,827,000 after buying an additional 3,869 shares during the last quarter. Finally, Citigroup Inc. boosted its position in TransUnion by 20.7% in the first quarter. Citigroup Inc. now owns 139,238 shares of the business services provider’s stock valued at $11,555,000 after buying an additional 23,915 shares during the last quarter.

About TransUnion

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.