Exane BNP Paribas Begins Coverage on TransUnion (TRU)
Analysts at Exane BNP Paribas started coverage on shares of TransUnion (NYSE:TRU) in a research report issued on Friday, The Fly reports. The brokerage set a “neutral” rating and a $66.00 price target on the business services provider’s stock. Exane BNP Paribas’ target price points to a potential upside of 1.44% from the company’s previous close.
Several other equities research analysts have also recently weighed in on TRU. ValuEngine cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Credit Suisse Group started coverage on shares of TransUnion in a research report on Friday, December 7th. They set a “neutral” rating and a $70.00 price target for the company. Robert W. Baird reissued a “buy” rating and set a $73.00 price target on shares of TransUnion in a research report on Friday, December 21st. Zacks Investment Research cut shares of TransUnion from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Finally, Morgan Stanley set a $66.00 price target on shares of TransUnion and gave the company a “hold” rating in a research report on Tuesday, January 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the stock. TransUnion has an average rating of “Buy” and a consensus target price of $74.53.
Shares of TransUnion stock opened at $65.06 on Friday. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The firm has a market capitalization of $12.10 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 3.53 and a beta of 0.95. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.53 and a quick ratio of 1.53.
In related news, EVP David E. Wojczynski sold 9,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $65.94, for a total value of $593,460.00. Following the completion of the transaction, the executive vice president now directly owns 43,384 shares in the company, valued at approximately $2,860,740.96. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider James M. Peck sold 2,327 shares of the stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total transaction of $149,253.78. Following the completion of the transaction, the insider now owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,041 shares of company stock valued at $13,777,553. Corporate insiders own 1.18% of the company’s stock.
Several institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in TransUnion by 19.6% during the 3rd quarter. Morgan Stanley now owns 281,183 shares of the business services provider’s stock valued at $20,690,000 after purchasing an additional 46,138 shares in the last quarter. Franklin Resources Inc. increased its position in TransUnion by 238.8% during the third quarter. Franklin Resources Inc. now owns 379,500 shares of the business services provider’s stock valued at $27,924,000 after acquiring an additional 267,500 shares during the last quarter. DNB Asset Management AS increased its position in TransUnion by 42.3% during the fourth quarter. DNB Asset Management AS now owns 24,187 shares of the business services provider’s stock valued at $1,374,000 after acquiring an additional 7,187 shares during the last quarter. LPL Financial LLC increased its position in TransUnion by 17.2% during the third quarter. LPL Financial LLC now owns 7,772 shares of the business services provider’s stock valued at $572,000 after acquiring an additional 1,142 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in TransUnion during the third quarter valued at $415,000.
TransUnion Company Profile
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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