TransUnion (TRU) PT Raised to $43.00
TransUnion (NYSE:TRU) had its price objective hoisted by research analysts at Stifel Nicolaus from $39.00 to $43.00 in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 16.15% from the stock’s current price.
A number of other research analysts have also weighed in on TRU. Deutsche Bank AG set a $37.00 target price on TransUnion and gave the company a “buy” rating in a report on Tuesday, October 18th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a report on Thursday, October 20th. Barclays PLC reiterated a “buy” rating and set a $38.00 price target on shares of TransUnion in a research report on Wednesday, January 11th. Morgan Stanley upgraded TransUnion from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $37.00 to $38.00 in a research report on Wednesday, January 18th. Finally, RBC Capital Markets set a $39.00 price target on TransUnion and gave the company a “buy” rating in a research report on Saturday, January 21st. Eleven analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $36.20.
Shares of TransUnion (NYSE:TRU) opened at 37.02 on Wednesday. The firm has a market cap of $6.78 billion, a P/E ratio of 56.95 and a beta of 0.38. TransUnion has a 52-week low of $24.20 and a 52-week high of $37.80. The firm’s 50-day moving average is $32.54 and its 200-day moving average is $32.20.
TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, February 14th. The company reported $0.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.09. The business earned $436 million during the quarter, compared to analyst estimates of $427.44 million. TransUnion had a return on equity of 16.65% and a net margin of 5.46%. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 EPS. Analysts anticipate that TransUnion will post $1.66 earnings per share for the current year.
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Several hedge funds have recently modified their holdings of the stock. FMR LLC increased its stake in shares of TransUnion by 1.8% in the fourth quarter. FMR LLC now owns 5,619,747 shares of the company’s stock worth $173,819,000 after buying an additional 99,100 shares during the period. Atlanta Capital Management Co. L L C increased its stake in shares of TransUnion by 34.3% in the fourth quarter. Atlanta Capital Management Co. L L C now owns 4,992,888 shares of the company’s stock worth $154,430,000 after buying an additional 1,274,486 shares during the period. Vanguard Group Inc. increased its stake in shares of TransUnion by 27.9% in the second quarter. Vanguard Group Inc. now owns 4,654,233 shares of the company’s stock worth $155,638,000 after buying an additional 1,014,454 shares during the period. Wells Fargo & Company MN increased its stake in shares of TransUnion by 24.7% in the third quarter. Wells Fargo & Company MN now owns 3,881,030 shares of the company’s stock worth $133,896,000 after buying an additional 768,539 shares during the period. Finally, TimesSquare Capital Management LLC increased its stake in shares of TransUnion by 10.6% in the third quarter. TimesSquare Capital Management LLC now owns 2,395,800 shares of the company’s stock worth $82,655,000 after buying an additional 229,000 shares during the period. Hedge funds and other institutional investors own 99.18% of the company’s stock.
TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.
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