TransUnion (NYSE:TRU) Price Target Lowered to $115.00 at Jefferies Financial Group

TransUnion (NYSE:TRU - Get Free Report) had its price objective dropped by stock analysts at Jefferies Financial Group from $125.00 to $115.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the business services provider's stock. Jefferies Financial Group's price objective points to a potential upside of 21.00% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Oppenheimer reduced their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price objective for the company. Finally, Wells Fargo & Company reduced their target price on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a report on Friday, January 10th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, TransUnion has a consensus rating of "Moderate Buy" and a consensus price target of $108.19.

TransUnion Price Performance

Shares of TRU traded up $5.18 during trading hours on Wednesday, reaching $95.04. 2,522,321 shares of the stock traded hands, compared to its average volume of 1,514,436. The company has a market cap of $18.52 billion, a P/E ratio of 82.64, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The company's 50-day moving average price is $96.91 and its two-hundred day moving average price is $95.25. TransUnion has a 52-week low of $66.07 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business's revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. On average, analysts anticipate that TransUnion will post 3.44 earnings per share for the current year.

Insider Transactions at TransUnion

In other TransUnion news, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now directly owns 59,488 shares of the company's stock, valued at $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,090 shares of company stock worth $1,916,758. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TransUnion

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its position in shares of TransUnion by 4.1% during the second quarter. American Century Companies Inc. now owns 9,107 shares of the business services provider's stock worth $675,000 after acquiring an additional 361 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in shares of TransUnion by 9.1% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 70,537 shares of the business services provider's stock worth $5,217,000 after buying an additional 5,880 shares during the period. Dimensional Fund Advisors LP grew its position in shares of TransUnion by 11.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,521,270 shares of the business services provider's stock worth $112,824,000 after buying an additional 161,791 shares in the last quarter. Bradley Foster & Sargent Inc. CT increased its stake in shares of TransUnion by 2.6% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 114,466 shares of the business services provider's stock valued at $8,489,000 after buying an additional 2,924 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of TransUnion by 4.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 7,412 shares of the business services provider's stock valued at $576,000 after acquiring an additional 334 shares in the last quarter.

About TransUnion

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.