TransUnion (NYSE:TRU) Receives Hold Rating from Needham & Company LLC

TransUnion (NYSE:TRU)‘s stock had its “hold” rating reaffirmed by research analysts at Needham & Company LLC in a note issued to investors on Thursday,Benzinga reports.

Several other equities analysts also recently weighed in on TRU. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada reissued an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Oppenheimer decreased their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. Finally, UBS Group initiated coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $108.19.

TransUnion Stock Up 0.5 %

TransUnion stock traded up $0.44 during midday trading on Thursday, reaching $95.52. The company’s stock had a trading volume of 220,707 shares, compared to its average volume of 1,383,266. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The company has a market cap of $18.62 billion, a P/E ratio of 83.06, a P/E/G ratio of 1.02 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The business has a 50-day simple moving average of $96.91 and a 200-day simple moving average of $95.25.

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

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the transaction, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of the firm’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 of the company’s stock, valued at $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock valued at $1,916,758 over the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its position in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after acquiring an additional 2,840,800 shares during the period. FMR LLC increased its position in shares of 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 purchasing an additional 3,427,199 shares in the last quarter. Wellington Management Group LLP lifted its holdings in TransUnion by 16.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after purchasing an additional 635,581 shares during the last quarter. Janus Henderson Group PLC boosted its position in TransUnion by 2.4% in the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock valued at $330,251,000 after buying an additional 75,410 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in TransUnion by 1.6% during the third quarter. Geode Capital Management LLC now owns 3,026,934 shares of the business services provider’s stock worth $316,135,000 after buying an additional 47,663 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.