Robert W. Baird Boosts TransUnion (NYSE:TRU) Price Target to $104.00

TransUnion (NYSE:TRU) had its target price upped by research analysts at Robert W. Baird from $94.00 to $104.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective indicates a potential upside of 24.09% from the company’s current price.

TRU has been the topic of a number of other reports. Morgan Stanley increased their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Wolfe Research assumed coverage on TransUnion in a research note on Tuesday, July 9th. They set a “peer perform” rating for the company. Needham & Company LLC upped their price objective on TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a research report on Thursday, June 20th. Finally, Stifel Nicolaus boosted their target price on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.60.

TransUnion Stock Performance

NYSE TRU opened at $83.81 on Friday. The business’s 50 day moving average price is $75.34 and its 200-day moving average price is $74.68. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $85.18. The company has a market cap of $16.28 billion, a P/E ratio of -58.61, a P/E/G ratio of 1.52 and a beta of 1.61. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.65 and a current ratio of 1.65.

TransUnion (NYSE:TRU) last posted its quarterly earnings data 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. The business 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 14.26%. Sell-side analysts predict that TransUnion will post 3.43 earnings per share for the current year.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,776 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total transaction of $127,872.00. Following the completion of the sale, the insider now directly owns 71,547 shares in the company, valued at approximately $5,151,384. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares of the company’s stock, valued at $8,114,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,776 shares of TransUnion stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total transaction of $127,872.00. Following the completion of the transaction, the insider now directly owns 71,547 shares in the company, valued at $5,151,384. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,761 shares of company stock worth $2,266,576. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of TransUnion

Institutional investors have recently made changes to their positions in the business. Cornerstone Investment Partners LLC raised its stake in TransUnion by 1.4% in the first quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock valued at $765,000 after buying an additional 135 shares during the last quarter. GAMMA Investing LLC raised its position in shares of TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares during the last quarter. Xponance Inc. boosted its stake in TransUnion by 1.9% in the 4th quarter. Xponance Inc. now owns 8,215 shares of the business services provider’s stock worth $564,000 after purchasing an additional 157 shares in the last quarter. Concord Wealth Partners grew its position in TransUnion by 7.4% during the 4th quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider’s stock worth $159,000 after purchasing an additional 159 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its holdings in shares of TransUnion by 6.4% in the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after buying an additional 165 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.