TransUnion (NYSE:TRU) Price Target Cut to $127.00 by Analysts at Morgan Stanley

TransUnion (NYSE:TRU) had its price target cut by equities research analysts at Morgan Stanley from $130.00 to $127.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the business services provider’s stock. Morgan Stanley’s target price indicates a potential upside of 29.59% from the company’s current price.

A number of other brokerages also recently commented on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, January 16th. Oppenheimer reduced their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus lifted their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Wells Fargo & Company reduced their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Finally, UBS Group started coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $108.00.

TransUnion Stock Up 0.1 %

TRU stock traded up $0.11 during midday trading on Tuesday, hitting $98.00. The company’s stock had a trading volume of 241,101 shares, compared to its average volume of 1,345,811. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The company’s fifty day moving average price is $95.90 and its 200 day moving average price is $96.52. The stock has a market capitalization of $19.10 billion, a P/E ratio of 85.16, a PEG ratio of 1.16 and a beta of 1.62.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now directly owns 59,488 shares of the company’s stock, valued at $5,568,076.80. The trade was a 1.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the sale, the insider now directly owns 24,333 shares in the company, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,916,758 in the last ninety days. 0.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Townsquare Capital LLC raised its holdings in TransUnion by 1.0% during the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after buying an additional 100 shares during the last quarter. Signaturefd LLC raised its holdings in TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after buying an additional 103 shares during the last quarter. Huntington National Bank raised its holdings in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in TransUnion by 1.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock worth $1,261,000 after buying an additional 131 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in TransUnion by 14.4% during the fourth quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider’s stock worth $101,000 after buying an additional 138 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.