Morgan Stanley restated their overweight rating on shares of TransUnion (NYSE:TRU) in a report released on Wednesday. They currently have a $50.00 price objective on the business services provider’s stock, up from their prior price objective of $47.00.

Several other equities analysts have also recently weighed in on the stock. TheStreet raised shares of TransUnion from a c rating to a b- rating in a research note on Monday, June 26th. Barclays PLC reissued an overweight rating and issued a $48.00 target price (up from $45.00) on shares of TransUnion in a research note on Friday, June 16th. Zacks Investment Research cut shares of TransUnion from a buy rating to a hold rating in a research note on Monday, May 1st. Deutsche Bank AG reissued a buy rating and issued a $47.00 target price (up from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. Finally, Royal Bank Of Canada reissued a buy rating and issued a $45.00 target price on shares of TransUnion in a research note on Wednesday, April 26th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. TransUnion currently has an average rating of Buy and an average target price of $46.75.

Shares of TransUnion (NYSE:TRU) opened at 45.29 on Wednesday. The firm has a market capitalization of $8.24 billion, a PE ratio of 38.98 and a beta of 0.59. The stock has a 50 day moving average of $44.16 and a 200-day moving average of $39.42. TransUnion has a 52 week low of $28.92 and a 52 week high of $46.32.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.03. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The business had revenue of $474.80 million during the quarter, compared to analysts’ expectations of $464.77 million. During the same period last year, the business earned $0.37 earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis. Equities analysts anticipate that TransUnion will post $1.82 earnings per share for the current fiscal year.

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In other TransUnion news, insider James M. Peck sold 65,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $39.15, for a total transaction of $2,544,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP David M. Neenan sold 60,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total value of $2,349,000.00. Following the sale, the executive vice president now directly owns 80,430 shares of the company’s stock, valued at approximately $3,148,834.50. The disclosure for this sale can be found here. Insiders have sold a total of 11,320,945 shares of company stock valued at $443,241,697 in the last ninety days. Insiders own 2.10% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Aperio Group LLC increased its stake in shares of TransUnion by 2.7% in the second quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock valued at $529,000 after buying an additional 321 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of TransUnion by 1.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 18,646 shares of the business services provider’s stock valued at $577,000 after buying an additional 345 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of TransUnion by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,220 shares of the business services provider’s stock valued at $193,000 after buying an additional 609 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake in shares of TransUnion by 6.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 11,877 shares of the business services provider’s stock valued at $455,000 after buying an additional 698 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of TransUnion by 17.4% in the fourth quarter. GSA Capital Partners LLP now owns 7,324 shares of the business services provider’s stock valued at $227,000 after buying an additional 1,085 shares in the last quarter.

TransUnion Company Profile

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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