Posted by Defense World Staff on Mar 27th, 2024 
TransUnion (NYSE:TRU – Free Report) had its target price lifted by Evercore ISI from $70.00 to $80.00 in a report released on Tuesday morning, Benzinga reports. Evercore ISI currently has an in-line rating on the business services provider’s stock.
Several other analysts have also recently commented on the stock. Robert W. Baird boosted their price target on shares of TransUnion from $80.00 to $87.00 and gave the stock an outperform rating in a research note on Wednesday, February 14th. Oppenheimer started coverage on TransUnion in a research note on Tuesday, December 19th. They set an outperform rating and a $81.00 price target for the company. Needham & Company LLC lifted their price objective on TransUnion from $75.00 to $87.00 and gave the stock a buy rating in a research note on Tuesday, February 13th. The Goldman Sachs Group increased their target price on TransUnion from $63.00 to $72.00 and gave the company a neutral rating in a research report on Friday, December 29th. Finally, Jefferies Financial Group increased their price objective on shares of TransUnion from $75.00 to $85.00 and gave the company a buy rating in a research report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and an average price target of $77.80.
Read Our Latest Research Report on TransUnion
NYSE:TRU opened at $78.64 on Tuesday. The stock has a market cap of $15.27 billion, a PE ratio of -52.78, a P/E/G ratio of 1.25 and a beta of 1.61. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. The business’s 50-day simple moving average is $74.43 and its two-hundred day simple moving average is $67.81. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75.
TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.08. The business had revenue of $954.00 million during the quarter, compared to the consensus estimate of $927.04 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.70 EPS. As a group, analysts forecast that TransUnion will post 3.3 EPS for the current fiscal year.
The firm also recently announced 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. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 annualized dividend and a dividend yield of 0.53%. TransUnion’s dividend payout ratio (DPR) is presently -28.19%.
In related news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the transaction, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Several hedge funds have recently made changes to their positions in TRU. Headlands Technologies LLC bought a new stake in shares of TransUnion in the third quarter valued at about $27,000. First Horizon Advisors Inc. raised its holdings in shares of TransUnion by 166.3% in the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 296 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of TransUnion in the 4th quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of TransUnion by 36.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 227 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in TransUnion during the first quarter valued at approximately $49,000.
(Get Free Report)
TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.
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