TransUnion (NYSE:TRU) had its price target hoisted by J P Morgan Chase & Co from $54.00 to $60.00 in a report issued on Monday. They currently have an overweight rating on the business services provider’s stock.

Several other analysts have also commented on TRU. Morgan Stanley reissued an overweight rating and issued a $47.00 price objective (up from $45.00) on shares of TransUnion in a report on Tuesday, July 18th. Zacks Investment Research raised TransUnion from a hold rating to a buy rating and set a $51.00 price objective on the stock in a report on Thursday, July 27th. Cowen and Company reissued a buy rating and issued a $48.00 price objective on shares of TransUnion in a report on Friday, July 28th. BidaskClub raised TransUnion from a buy rating to a strong-buy rating in a report on Monday, August 14th. Finally, SunTrust Banks, Inc. started coverage on TransUnion in a report on Tuesday, September 5th. They issued a buy rating and a $54.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $55.00.

TransUnion (NYSE:TRU) last posted its earnings results on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, topping the consensus estimate of $0.43 by $0.06. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The firm had revenue of $498.00 million for the quarter, compared to analyst estimates of $475.52 million. During the same period last year, the company earned $0.38 earnings per share. TransUnion’s revenue for the quarter was up 13.8% compared to the same quarter last year.

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In other news, Director Christopher Egan sold 201,753 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 $9,199,936.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, 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 value of $916,595.95. Following the completion of the sale, the executive vice president now directly owns 20,243 shares in the company, valued at $869,436.85. The disclosure for this sale can be found here. Insiders sold 14,050,546 shares of company stock worth $640,871,367 over the last ninety days. Corporate insiders own 2.10% of the company’s stock.

Several large investors have recently modified their holdings of the company. State of Wisconsin Investment Board boosted its stake in shares of TransUnion by 20.2% in the third quarter. State of Wisconsin Investment Board now owns 30,551 shares of the business services provider’s stock worth $1,444,000 after acquiring an additional 5,143 shares during the last quarter. Chicago Equity Partners LLC boosted its stake in shares of TransUnion by 38.7% in the third quarter. Chicago Equity Partners LLC now owns 29,045 shares of the business services provider’s stock worth $1,373,000 after acquiring an additional 8,105 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of TransUnion by 6.3% in the third quarter. State Board of Administration of Florida Retirement System now owns 126,683 shares of the business services provider’s stock worth $5,987,000 after acquiring an additional 7,520 shares during the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of TransUnion in the third quarter worth approximately $675,000. Finally, Harbor Advisors LLC acquired a new stake in shares of TransUnion in the third quarter worth approximately $236,000.

About TransUnion

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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