TransUnion (NYSE:TRU) Price Target Cut to $112.00 by Analysts at Oppenheimer

TransUnion (NYSE:TRU) had its price target lowered by Oppenheimer from $115.00 to $112.00 in a research report report published on Tuesday,Benzinga reports. Oppenheimer currently has an outperform rating on the business services provider’s stock.

Other equities analysts also recently issued reports about the company. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Morgan Stanley upped their target price on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Stifel Nicolaus raised their price target on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Robert W. Baird boosted their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $106.88.

TransUnion Stock Performance

Shares of TRU stock opened at $90.20 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $17.58 billion, a P/E ratio of 78.44, a P/E/G ratio of 1.37 and a beta of 1.62. The firm’s 50 day moving average price is $98.30 and its 200-day moving average price is $94.74. TransUnion has a one year low of $65.17 and a one year high of $113.17.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.47%. TransUnion’s payout ratio is currently 36.52%.

Insider Activity

In other TransUnion news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total transaction of $93,600.00. Following the transaction, the insider now owns 59,488 shares in the company, valued at approximately $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,090 shares of company stock worth $1,916,758. Corporate insiders own 0.28% of the company’s stock.

Institutional Trading of TransUnion

A number of large investors have recently bought and sold shares of TRU. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of TransUnion by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock worth $136,951,000 after buying an additional 140,952 shares during the period. FMR LLC lifted its position in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the period. Dark Forest Capital Management LP acquired a new stake in TransUnion during the 2nd quarter worth approximately $493,000. Captrust Financial Advisors purchased a new position in shares of TransUnion in the 3rd quarter valued at approximately $892,000. Finally, Artemis Investment Management LLP acquired a new position in shares of TransUnion in the third quarter valued at approximately $32,008,000.

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.