TransUnion (NYSE:TRU) Research Coverage Started at UBS Group

UBS Group began coverage on shares of TransUnion (NYSE:TRU) in a research note published on Tuesday, Marketbeat.com reports. The firm issued a neutral rating and a $110.00 price objective on the business services provider’s stock.

TRU has been the topic of several other reports. Morgan Stanley raised their price target on TransUnion from $96.00 to $103.00 and gave the company an overweight rating in a research report on Thursday, September 12th. Needham & Company LLC downgraded TransUnion from a buy rating to a hold rating in a research report on Wednesday, August 28th. Wolfe Research assumed coverage on TransUnion in a research report on Tuesday, July 9th. They issued a peer perform rating on the stock. Bank of America raised TransUnion from a neutral rating to a buy rating and set a $92.00 price target on the stock in a research report on Thursday, June 20th. Finally, Robert W. Baird boosted their price target on TransUnion from $94.00 to $104.00 and gave the company an outperform rating in a research note on Friday, July 26th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $95.44.

TransUnion Price Performance

Shares of NYSE:TRU opened at $106.62 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 1 year low of $42.09 and a 1 year high of $106.68. The business has a fifty day simple moving average of $95.09 and a 200 day simple moving average of $82.45. The firm has a market cap of $20.72 billion, a price-to-earnings ratio of -74.56, a P/E/G ratio of 1.39 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.86 by $0.13. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. As a group, sell-side analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. TransUnion’s dividend payout ratio is currently -29.37%.

Insider Activity

In related news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the sale, the chief financial officer now owns 101,426 shares in the company, valued at $8,114,080. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,580 shares of company stock worth $2,328,929. Company insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TRU. Larson Financial Group LLC boosted its position in TransUnion by 237.5% in the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after buying an additional 342 shares during the last quarter. Quarry LP boosted its position in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares during the last quarter. GAMMA Investing LLC boosted its position in TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after buying an additional 142 shares during the last quarter. National Bank of Canada FI boosted its position in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after buying an additional 166 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after buying an additional 523 shares during 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.