TransUnion (NYSE:TRU) had its target price lifted by equities researchers at Barclays from $65.00 to $75.00 in a research note issued to investors on Monday. The firm currently has an “overweight” rating on the business services provider’s stock. Barclays’ price objective suggests a potential upside of 12.97% from the stock’s previous close.
Other analysts have also issued research reports about the company. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 price target on shares of TransUnion in a research note on Tuesday, January 9th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Friday, January 5th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $62.00 price target (up previously from $59.00) on shares of TransUnion in a research note on Wednesday, February 14th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $66.64.
Shares of TRU stock opened at $66.39 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $12,271.82, a P/E ratio of 38.82, a P/E/G ratio of 3.19 and a beta of 0.74. TransUnion has a one year low of $38.63 and a one year high of $68.22.
In other TransUnion news, EVP John T. Danaher sold 85,630 shares of TransUnion stock in a transaction on Friday, February 16th. The stock was sold at an average price of $58.34, for a total value of $4,995,654.20. Following the completion of the transaction, the executive vice president now owns 61,794 shares in the company, valued at approximately $3,605,061.96. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of TransUnion stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $56.92, for a total value of $82,534.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 174,345 shares of company stock valued at $10,156,056. Corporate insiders own 1.18% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Atlantic Trust Group LLC raised its position in shares of TransUnion by 48.5% during the third quarter. Atlantic Trust Group LLC now owns 242,954 shares of the business services provider’s stock worth $11,482,000 after acquiring an additional 79,329 shares during the last quarter. DnB Asset Management AS bought a new stake in shares of TransUnion during the fourth quarter worth $687,000. Westpac Banking Corp bought a new stake in shares of TransUnion during the fourth quarter worth $545,000. Legal & General Group Plc raised its position in shares of TransUnion by 96.8% during the third quarter. Legal & General Group Plc now owns 64,043 shares of the business services provider’s stock worth $3,027,000 after acquiring an additional 31,499 shares during the last quarter. Finally, William Blair Investment Management LLC raised its position in shares of TransUnion by 4.6% during the fourth quarter. William Blair Investment Management LLC now owns 2,444,658 shares of the business services provider’s stock worth $134,358,000 after acquiring an additional 107,067 shares during the last quarter.
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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