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

TransUnion (NYSE:TRU) had its price target upped by analysts at Robert W. Baird from $87.00 to $94.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective would indicate a potential upside of 26.53% from the company’s current price.

TRU has been the subject of several other research reports. Stifel Nicolaus raised their price target on TransUnion from $76.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. Oppenheimer raised their price target on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Needham & Company LLC raised their price target on TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. Barclays raised their price target on TransUnion from $55.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, February 14th. Finally, Evercore ISI raised their price target on TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a report on Tuesday, March 26th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $82.07.

TransUnion Stock Up 8.2 %

TRU stock opened at $74.29 on Friday. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $82.75. The business’s 50-day moving average is $76.33 and its two-hundred day moving average is $67.88. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $14.43 billion, a price-to-earnings ratio of -49.86, a P/E/G ratio of 1.06 and a beta of 1.61.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. As a group, analysts forecast that TransUnion will post 3.31 earnings per share for the current year.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,275 shares of company stock worth $1,204,538. Company insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

Institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC purchased a new stake in TransUnion during the 3rd quarter worth about $27,000. GAMMA Investing LLC acquired a new position in TransUnion in the 4th quarter valued at about $30,000. Westpac Banking Corp increased its position in TransUnion by 100.0% in the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 454 shares during the period. CENTRAL TRUST Co increased its position in TransUnion by 569.3% in the 3rd quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 797 shares during the period. Finally, Assetmark Inc. increased its position in TransUnion by 48.6% in the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after acquiring an additional 337 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.