TransUnion's (TRU) "Outperform" Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reiterated their outperform rating on shares of TransUnion (NYSE:TRU - Free Report) in a research note released on Thursday morning, Benzinga reports. The brokerage currently has a $121.00 price objective on the business services provider's stock.

Other equities research analysts have also recently issued reports about the company. Robert W. Baird lifted their price objective on TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday. Wolfe Research upgraded shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price target on the stock in a research note on Thursday, October 10th. UBS Group started coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 price objective for the company. Wells Fargo & Company upped their target price on shares of TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday. Finally, Morgan Stanley raised their price target on shares of TransUnion from $103.00 to $119.00 and gave the company an "overweight" rating in a research report on Thursday. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransUnion has an average rating of "Moderate Buy" and an average target price of $104.53.

TransUnion Trading Down 1.9 %

TRU stock traded down $2.03 during midday trading on Thursday, hitting $106.64. 2,081,071 shares of the company's stock were exchanged, compared to its average volume of 1,588,623. The stock has a market capitalization of $20.71 billion, a PE ratio of -74.57, a P/E/G ratio of 1.38 and a beta of 1.62. TransUnion has a 1-year low of $42.09 and a 1-year high of $113.17. The business has a 50-day simple moving average of $101.36 and a two-hundred day simple moving average of $85.52. 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 (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $0.80 EPS. The business's revenue was up 12.0% on a year-over-year basis. On average, sell-side analysts predict that TransUnion will post 3.46 EPS 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 given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. TransUnion's dividend payout ratio is presently -29.37%.

Insider Activity at TransUnion

In other news, EVP Timothy J. Martin sold 2,500 shares of the business's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company's stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock valued at $1,299,729 in the last ninety days. Insiders own 0.22% of the company's stock.

Institutional Trading of TransUnion

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRU. Signaturefd LLC boosted its holdings in shares of TransUnion by 15.0% in the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after acquiring an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co boosted its holdings in TransUnion by 0.7% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider's stock valued at $1,322,000 after purchasing an additional 123 shares in the last quarter. V Square Quantitative Management LLC increased its position in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider's stock worth $205,000 after purchasing an additional 165 shares during the period. National Bank of Canada FI raised its stake in shares of TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after buying an additional 166 shares in the last quarter. Finally, OLD National Bancorp IN lifted its holdings in shares of TransUnion by 5.8% in the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider's stock valued at $341,000 after buying an additional 254 shares during the period.

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.