Stifel Nicolaus Raises TransUnion (TRU) Price Target to $74.00

TransUnion (NYSE:TRU) had its price target upped by Stifel Nicolaus from $62.00 to $74.00 in a research note issued to investors on Monday morning. Stifel Nicolaus currently has a buy rating on the business services provider’s stock.

Several other equities research analysts have also recently commented on TRU. Zacks Investment Research cut TransUnion from a buy rating to a hold rating in a research note on Tuesday, January 2nd. Robert W. Baird reissued a buy rating and issued a $62.00 target price on shares of TransUnion in a research note on Tuesday, January 9th. Bank of America raised TransUnion from a neutral rating to a buy rating in a research note on Thursday, January 18th. Royal Bank of Canada raised their price target on TransUnion to $67.00 and gave the stock an outperform rating in a research report on Friday, January 19th. Finally, Morgan Stanley raised their price target on TransUnion from $54.00 to $58.00 and gave the stock an equal weight rating in a research report on Wednesday, January 31st. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $66.64.

NYSE TRU opened at $65.02 on Monday. The firm has a market capitalization of $12,189.20, a PE ratio of 38.02, a PEG ratio of 3.08 and a beta of 0.74. TransUnion has a 52 week low of $39.61 and a 52 week high of $68.22. The company has a quick ratio of 1.28, a current ratio of 1.61 and a debt-to-equity ratio of 1.21.

TransUnion (NYSE:TRU) last released its earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The company had revenue of $537.40 million during the quarter, compared to analysts’ expectations of $507.68 million. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The business’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period last year, the firm earned $0.42 EPS. equities research analysts expect that TransUnion will post 2.15 EPS for the current year.

In other news, EVP David M. Neenan sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $58.42, for a total value of $2,921,000.00. Following the transaction, the executive vice president now directly owns 99,583 shares in the company, valued at approximately $5,817,638.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James M. Peck sold 18,629 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $58.17, for a total value of $1,083,648.93. Following the completion of the transaction, the insider now owns 221,886 shares in the company, valued at $12,907,108.62. The disclosure for this sale can be found here. Insiders sold a total of 174,345 shares of company stock worth $10,156,056 over the last 90 days. 2.10% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. lifted its holdings in TransUnion by 26.9% during the fourth quarter. BlackRock Inc. now owns 7,414,930 shares of the business services provider’s stock worth $407,523,000 after acquiring an additional 1,574,041 shares in the last quarter. Farallon Capital Management LLC lifted its holdings in TransUnion by 61.7% during the fourth quarter. Farallon Capital Management LLC now owns 3,754,262 shares of the business services provider’s stock worth $206,334,000 after acquiring an additional 1,432,104 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in TransUnion by 4.6% during the fourth quarter. William Blair Investment Management LLC now owns 2,444,658 shares of the business services provider’s stock worth $134,358,000 after acquiring an additional 107,067 shares in the last quarter. Independent Franchise Partners LLP lifted its holdings in TransUnion by 5.4% during the fourth quarter. Independent Franchise Partners LLP now owns 1,926,723 shares of the business services provider’s stock worth $105,892,000 after acquiring an additional 99,324 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in TransUnion by 12.0% during the fourth quarter. Eagle Asset Management Inc. now owns 1,288,116 shares of the business services provider’s stock worth $71,129,000 after acquiring an additional 138,290 shares in the last quarter.

About TransUnion

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

Analyst Recommendations for TransUnion (NYSE:TRU)

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