Royal Bank Of Canada reissued their buy rating on shares of TransUnion (NYSE:TRU) in a research note published on Friday. Royal Bank Of Canada currently has a $57.00 price target on the business services provider’s stock.

A number of other brokerages also recently weighed in on TRU. Morgan Stanley raised their price objective on TransUnion from $50.00 to $51.00 and gave the company an overweight rating in a research note on Monday, October 23rd. Deutsche Bank AG reissued a buy rating and issued a $55.00 price objective (up from $50.00) on shares of TransUnion in a research note on Tuesday, October 24th. Zacks Investment Research raised TransUnion from a hold rating to a buy rating and set a $56.00 price objective on the stock in a research note on Wednesday, October 11th. Cowen and Company reissued a buy rating and issued a $48.00 price objective on shares of TransUnion in a research note on Thursday, October 12th. Finally, SunTrust Banks, Inc. reissued a buy rating and issued a $56.00 price objective on shares of TransUnion in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. TransUnion currently has an average rating of Buy and an average target price of $54.70.

Shares of TransUnion (NYSE TRU) opened at 52.47 on Friday. TransUnion has a 12 month low of $28.92 and a 12 month high of $54.49. The firm has a market cap of $9.54 billion, a P/E ratio of 45.15 and a beta of 0.58. The firm has a 50-day moving average of $48.01 and a 200 day moving average of $48.01.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.06. TransUnion had a return on equity of 21.68% and a net margin of 13.17%. The business had revenue of $498.00 million for the quarter, compared to the consensus estimate of $475.52 million. During the same period last year, the business earned $0.38 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. On average, equities research analysts anticipate that TransUnion will post $1.83 EPS for the current fiscal year.

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In other news, EVP Samuel A. Hamood sold 21,341 shares of TransUnion stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $42.95, for a total transaction of $916,595.95. Following the sale, the executive vice president now owns 20,243 shares of the company’s stock, valued at approximately $869,436.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of TransUnion stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $45.60, for a total value of $626,278,471.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,031,682 shares of company stock worth $639,882,705. Company insiders own 2.10% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Aperio Group LLC grew its holdings in shares of TransUnion by 2.7% during the 2nd quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock worth $529,000 after purchasing an additional 321 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock worth $238,000 after purchasing an additional 404 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of TransUnion by 17.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock worth $207,000 after purchasing an additional 694 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of TransUnion by 12.5% during the 2nd quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock worth $463,000 after purchasing an additional 1,190 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of TransUnion by 18.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 10,058 shares of the business services provider’s stock worth $436,000 after purchasing an additional 1,543 shares in the last quarter.

TransUnion Company Profile

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.

Analyst Recommendations for TransUnion (NYSE:TRU)

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