TransUnion (NYSE:TRU) Price Target Lowered to $127.00 at Morgan Stanley

TransUnion (NYSE:TRU) had its price objective decreased by Morgan Stanley from $130.00 to $127.00 in a research report sent to investors on Tuesday,Benzinga reports. Morgan Stanley currently has an overweight rating on the business services provider’s stock.

A number of other equities research analysts have also recently weighed in on TRU. Stifel Nicolaus increased their price target on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company dropped their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Robert W. Baird lifted their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Finally, UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.00.

TransUnion Price Performance

NYSE:TRU opened at $98.34 on Tuesday. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17. The firm has a market capitalization of $19.17 billion, a price-to-earnings ratio of 85.51, a P/E/G ratio of 1.16 and a beta of 1.62. The stock’s 50 day moving average price is $95.92 and its two-hundred day moving average price is $96.65. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid 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 0.43%. TransUnion’s payout ratio is 36.52%.

Insider Activity

In related news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction dated 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 sale, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, the insider now directly owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,090 shares of company stock worth $1,916,758. 0.22% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TransUnion

Several hedge funds and other institutional investors have recently made changes to their positions in TRU. Huntington National Bank lifted its stake in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after buying an additional 193 shares in the last quarter. Quarry LP lifted its stake in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 520 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion during the 4th quarter valued at $44,000. Finally, True Wealth Design LLC grew its position in TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 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.