TransUnion (NYSE:TRU) Given “Hold” Rating at Needham & Company LLC

Needham & Company LLC reaffirmed their hold rating on shares of TransUnion (NYSE:TRU) in a research report sent to investors on Thursday morning, Benzinga reports.

Several other research firms also recently issued reports on TRU. Oppenheimer increased their target price on TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Wells Fargo & Company increased their price objective on TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective on the stock. Barclays increased their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Finally, Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.53.

TransUnion Trading Down 1.9 %

NYSE:TRU opened at $106.64 on Thursday. The company has a market cap of $20.71 billion, a P/E ratio of -74.57, a P/E/G ratio of 1.38 and a beta of 1.62. The stock’s fifty day moving average price is $101.36 and its two-hundred day moving average price is $85.52. TransUnion has a 1 year low of $42.09 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.80 earnings per share. As a group, analysts expect that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.39%. TransUnion’s payout ratio is -29.37%.

Insider Buying and Selling at TransUnion

In other news, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the transaction, the insider now directly owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. This trade represents a 0.00 % 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. In other news, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the transaction, the insider now directly owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. This trade represents a 0.00 % 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 dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock worth $1,299,729 over the last 90 days. Corporate insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. CANADA LIFE ASSURANCE Co grew its stake in shares of TransUnion by 3.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock valued at $14,369,000 after buying an additional 6,270 shares during the last quarter. Picton Mahoney Asset Management bought a new stake in shares of TransUnion in the first quarter worth about $3,900,000. California State Teachers Retirement System grew its stake in shares of TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock worth $26,136,000 after purchasing an additional 7,636 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after purchasing an additional 674,187 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of TransUnion by 6.8% in the first quarter. Nordea Investment Management AB now owns 13,135 shares of the business services provider’s stock worth $1,058,000 after purchasing an additional 832 shares during the last quarter.

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.