TransUnion (NYSE:TRU) Receives Outperform Rating from William Blair

TransUnion (NYSE:TRU)‘s stock had its “outperform” rating reiterated by equities researchers at William Blair in a report released on Monday,RTT News reports.

A number of other brokerages have also recently weighed in on TRU. Jefferies Financial Group reduced their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. 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. UBS Group upped their target price on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Finally, 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. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $111.64.

TransUnion Stock Up 2.9 %

Shares of TransUnion stock traded up $2.49 during trading on Monday, hitting $87.83. 487,954 shares of the stock were exchanged, compared to its average volume of 1,550,080. The stock has a market cap of $17.14 billion, a price-to-earnings ratio of 60.16, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70. The firm’s 50-day moving average price is $92.42 and its 200 day moving average price is $97.50. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. As a group, analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion declared that its board has authorized a share buyback program on Thursday, February 13th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 2.6% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the transaction, the insider now owns 58,488 shares of the company’s stock, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $174,342.54. Following the transaction, the executive vice president now directly owns 105,443 shares in the company, valued at approximately $10,095,112.82. This represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock valued at $383,041 over the last quarter. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its stake in shares of TransUnion by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider’s stock valued at $64,945,000 after acquiring an additional 22,826 shares during the period. FMR LLC raised its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after acquiring an additional 3,427,199 shares during the period. Captrust Financial Advisors purchased a new position in shares of TransUnion in the 3rd quarter valued at $892,000. Jones Financial Companies Lllp raised its stake in shares of TransUnion by 62.1% in the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider’s stock valued at $194,000 after acquiring an additional 803 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in TransUnion by 22.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider’s stock valued at $2,439,000 after purchasing an additional 4,743 shares in 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.