TransUnion (NYSE:TRU) Given New $112.00 Price Target at Oppenheimer

TransUnion (NYSE:TRU - Get Free Report) had its price objective decreased by stock analysts at Oppenheimer from $115.00 to $112.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an "outperform" rating on the business services provider's stock. Oppenheimer's price target suggests a potential upside of 24.17% from the stock's current price.

TRU has been the subject of several other research reports. Stifel Nicolaus boosted their price objective on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Wells Fargo & Company upped their price target on shares of TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Robert W. Baird raised their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Morgan Stanley upped their price objective on shares of TransUnion from $119.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $106.88.

TransUnion Trading Down 2.3 %

Shares of TRU traded down $2.16 during mid-day trading on Tuesday, reaching $90.20. The company's stock had a trading volume of 1,572,434 shares, compared to its average volume of 1,341,698. TransUnion has a 52 week low of $65.17 and a 52 week high of $113.17. The stock has a market cap of $17.58 billion, a PE ratio of 78.44, a P/E/G ratio of 1.37 and a beta of 1.62. The company's fifty day moving average price is $98.30 and its two-hundred day moving average price is $94.74. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

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

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the sale, the insider now directly owns 59,488 shares of the company's stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction dated 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 completion of the transaction, the director now directly owns 27,026 shares of the company's stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,090 shares of company stock valued at $1,916,758. Corporate insiders own 0.22% of the company's stock.

Institutional Investors Weigh In On TransUnion

Several institutional investors and hedge funds have recently made changes to their positions in the company. Huntington National Bank boosted its stake in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock valued at $40,000 after buying an additional 193 shares during the last quarter. Quarry LP increased its holdings in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock worth $43,000 after buying an additional 520 shares in the last quarter. True Wealth Design LLC increased its holdings in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after buying an additional 459 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after acquiring an additional 166 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.