TransUnion (NYSE:TRU) Hits New 52-Week Low After Insider Selling

TransUnion (NYSE:TRU) hit a new 52-week low during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $66.24 and last traded at $65.3080, with a volume of 79445 shares. The stock had previously closed at $67.58.

Specifically, insider Todd C. Skinner sold 500 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $78.79, for a total value of $39,395.00. Following the sale, the insider directly owned 31,725 shares in the company, valued at $2,499,612.75. The trade was a 1.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TRU shares. Stifel Nicolaus set a $103.00 price target on TransUnion in a research report on Friday, October 24th. UBS Group set a $90.00 price target on TransUnion and gave the company a “neutral” rating in a research report on Friday, October 24th. Robert W. Baird set a $125.00 price target on TransUnion in a research report on Friday, October 24th. BMO Capital Markets upgraded TransUnion to a “strong-buy” rating in a research note on Friday, January 23rd. Finally, Morgan Stanley decreased their target price on shares of TransUnion from $122.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Price Performance

The business has a fifty day moving average of $84.14 and a two-hundred day moving average of $85.41. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market capitalization of $13.05 billion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 1.45 and a beta of 1.70.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Friday, November 21st were paid a $0.115 dividend. The ex-dividend date was Friday, November 21st. This represents a $0.46 dividend on an annualized basis and a yield of 0.7%. TransUnion’s dividend payout ratio is 21.50%.

Hedge Funds Weigh In On TransUnion

A number of large investors have recently made changes to their positions in TRU. Crossmark Global Holdings Inc. grew its holdings in TransUnion by 6.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 6,868 shares of the business services provider’s stock valued at $589,000 after buying an additional 409 shares in the last quarter. Crestwood Advisors Group LLC bought a new stake in shares of TransUnion in the fourth quarter valued at about $220,000. Sequoia Financial Advisors LLC grew its stake in shares of TransUnion by 114.1% in the fourth quarter. Sequoia Financial Advisors LLC now owns 6,056 shares of the business services provider’s stock valued at $519,000 after acquiring an additional 3,227 shares in the last quarter. Gateway Investment Advisers LLC increased its position in TransUnion by 141.8% during the fourth quarter. Gateway Investment Advisers LLC now owns 37,439 shares of the business services provider’s stock worth $3,210,000 after acquiring an additional 21,955 shares during the period. Finally, AlphaStar Capital Management LLC acquired a new stake in TransUnion in the 4th quarter worth about $220,000.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.