TransUnion (NYSE:TRU) Given New $126.00 Price Target at Wells Fargo & Company

TransUnion (NYSE:TRU) had its target price lowered by Wells Fargo & Company from $135.00 to $126.00 in a research note issued to investors on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the business services provider’s stock.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th. Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Barclays upped their price target on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $106.31.

TransUnion Trading Down 4.0 %

TRU stock opened at $86.55 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17. The business has a 50 day simple moving average of $97.82 and a two-hundred day simple moving average of $94.68. The company has a market capitalization of $16.87 billion, a price-to-earnings ratio of 75.26, a PEG ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The firm 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%. TransUnion’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 earnings per share. Research analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date was Friday, November 22nd. TransUnion’s payout ratio is currently 36.52%.

Insider Buying and Selling at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the transaction, the insider now directly owns 59,488 shares in the company, valued at $5,568,076.80. This represents a 1.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,916,758 in the last quarter. 0.28% of the stock is owned by insiders.

Institutional Trading of TransUnion

A number of large investors have recently modified their holdings of TRU. West Oak Capital LLC raised its position in TransUnion by 684.0% during the 4th quarter. West Oak Capital LLC now owns 1,960 shares of the business services provider’s stock valued at $182,000 after purchasing an additional 1,710 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of TransUnion by 2.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 17,281 shares of the business services provider’s stock valued at $1,602,000 after buying an additional 335 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of TransUnion by 1.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock valued at $1,261,000 after acquiring an additional 131 shares in the last quarter. Nordea Investment Management AB lifted its stake in TransUnion by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 15,146 shares of the business services provider’s stock worth $1,412,000 after acquiring an additional 982 shares during the period. Finally, Everence Capital Management Inc. bought a new position in TransUnion during the 4th quarter worth about $251,000.

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.