Barclays Reiterates Buy Rating for TransUnion (TRU)

Barclays reaffirmed their buy rating on shares of TransUnion (NYSE:TRU) in a report published on Sunday, May 5th, AnalystRatings.com reports. The firm currently has a $80.00 price target on the business services provider’s stock.

Other equities research analysts have also issued research reports about the company. Zacks Investment Research upgraded TransUnion from a sell rating to a hold rating in a research note on Monday, April 22nd. Deutsche Bank raised their price objective on TransUnion from $69.00 to $75.00 and gave the company a buy rating in a research report on Wednesday, April 17th. BNP Paribas assumed coverage on TransUnion in a research report on Friday, March 15th. They set a neutral rating and a $66.00 price objective for the company. Exane BNP Paribas assumed coverage on TransUnion in a research report on Friday, March 15th. They set a neutral rating and a $66.00 price objective for the company. Finally, ValuEngine upgraded TransUnion from a hold rating to a buy rating in a research report on Friday, February 22nd. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $75.27.

TRU traded up $0.21 during trading on Friday, hitting $65.64. 554,600 shares of the company’s stock traded hands, compared to its average volume of 1,500,302. The company has a market cap of $12.38 billion, a price-to-earnings ratio of 28.42, a P/E/G ratio of 3.99 and a beta of 0.94. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.90. TransUnion has a 12-month low of $52.15 and a 12-month high of $79.48.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.07. TransUnion had a return on equity of 22.63% and a net margin of 11.43%. The firm had revenue of $623.50 million for the quarter, compared to analysts’ expectations of $618.38 million. During the same period in the prior year, the firm earned $0.57 EPS. The company’s revenue was up 16.0% compared to the same quarter last year. As a group, research analysts forecast that TransUnion will post 2.39 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 23rd will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $0.30 annualized dividend and a yield of 0.46%. TransUnion’s dividend payout ratio is currently 12.99%.

In other TransUnion news, EVP John T. Danaher sold 4,318 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $65.54, for a total value of $283,001.72. Following the completion of the sale, the executive vice president now owns 69,491 shares of the company’s stock, valued at $4,554,440.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP John T. Danaher sold 45,264 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $64.36, for a total transaction of $2,913,191.04. Following the completion of the sale, the executive vice president now directly owns 110,437 shares of the company’s stock, valued at approximately $7,107,725.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 359,395 shares of company stock valued at $23,802,393. 0.92% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in TRU. Karp Capital Management Corp bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $37,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of TransUnion during the first quarter valued at approximately $80,000. Ropes Wealth Advisors LLC bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $83,000. Massey Quick Simon & CO. LLC raised its stake in shares of TransUnion by 21.6% during the fourth quarter. Massey Quick Simon & CO. LLC now owns 1,550 shares of the business services provider’s stock valued at $88,000 after acquiring an additional 275 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of TransUnion by 116.0% during the first quarter. Fifth Third Bancorp now owns 1,516 shares of the business services provider’s stock valued at $101,000 after acquiring an additional 814 shares in the last quarter.

About TransUnion

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.

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Analyst Recommendations for TransUnion (NYSE:TRU)

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