TransUnion (NYSE:TRU) Price Target Increased to $90.00 by Analysts at Morgan Stanley

TransUnion (NYSE:TRU) had its price objective lifted by Morgan Stanley from $87.00 to $90.00 in a research note issued to investors on Friday, Benzinga reports. They currently have an overweight rating on the business services provider’s stock.

A number of other equities research analysts have also weighed in on TRU. Evercore ISI boosted their price objective on shares of TransUnion from $70.00 to $80.00 and gave the stock an in-line rating in a report on Tuesday, March 26th. Stifel Nicolaus boosted their price objective on shares of TransUnion from $83.00 to $92.00 and gave the stock a buy rating in a report on Friday. Robert W. Baird boosted their price objective on shares of TransUnion from $87.00 to $94.00 and gave the stock an outperform rating in a report on Friday. The Goldman Sachs Group boosted their price objective on shares of TransUnion from $63.00 to $72.00 and gave the stock a neutral rating in a report on Friday, December 29th. Finally, Wells Fargo & Company upped their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an overweight rating in a report on Wednesday, February 14th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, TransUnion presently has an average rating of Moderate Buy and an average target price of $83.60.

TransUnion Trading Up 0.3 %

Shares of TransUnion stock opened at $74.49 on Friday. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The firm has a market cap of $14.47 billion, a PE ratio of -52.08, a PEG ratio of 1.14 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. The company has a 50 day simple moving average of $76.32 and a two-hundred day simple moving average of $67.91.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. Analysts expect that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s payout ratio is currently -29.37%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were 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 approximately $1,720,777.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the sale, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,275 shares of company stock valued at $1,204,538. 0.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC purchased a new position in shares of TransUnion during the third quarter valued at approximately $27,000. GAMMA Investing LLC purchased a new position in shares of TransUnion during the fourth quarter valued at approximately $30,000. Westpac Banking Corp raised its holdings in shares of TransUnion by 100.0% during the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 454 shares during the last quarter. CENTRAL TRUST Co increased its holdings in TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock valued at $67,000 after buying an additional 797 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in TransUnion by 48.6% during the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after buying an additional 337 shares during the last quarter.

About TransUnion

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.