TransUnion (NYSE:TRU) EVP Heather Russell Sells 10,000 Shares of Company Stock

TransUnion (NYSE:TRU) EVP Heather Russell sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $79.71, for a total transaction of $797,100.00. Following the sale, the executive vice president directly owned 30,399 shares in the company, valued at approximately $2,423,104.29. The trade was a 24.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Stock Down 1.3%

TransUnion stock traded down $1.06 during mid-day trading on Tuesday, reaching $82.05. 1,589,740 shares of the company’s stock were exchanged, compared to its average volume of 2,598,064. The company has a market cap of $15.65 billion, a P/E ratio of 19.96, a P/E/G ratio of 1.56 and a beta of 1.56. TransUnion has a twelve month low of $60.96 and a twelve month high of $89.12. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.07. The company has a fifty day moving average of $74.06 and a 200-day moving average of $74.16.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 EPS for the quarter, beating the consensus estimate of $1.21 by $0.04. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.10 EPS. Sell-side analysts expect that TransUnion will post 4.27 EPS for the current year.

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be paid a $0.1350 dividend. The ex-dividend date is Tuesday, November 10th. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion’s payout ratio is 12.17%.

Institutional Investors Weigh In On TransUnion

Large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in TransUnion by 12.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,187 shares of the business services provider’s stock worth $86,000 after purchasing an additional 132 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in TransUnion by 14.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,188 shares of the business services provider’s stock valued at $82,000 after purchasing an additional 152 shares during the last quarter. Raiffeisen Bank International AG lifted its holdings in TransUnion by 2.0% in the 2nd quarter. Raiffeisen Bank International AG now owns 9,468 shares of the business services provider’s stock valued at $680,000 after purchasing an additional 187 shares in the last quarter. Applied Finance Capital Management LLC lifted its holdings in TransUnion by 4.7% in the 1st quarter. Applied Finance Capital Management LLC now owns 4,576 shares of the business services provider’s stock valued at $317,000 after purchasing an additional 204 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in TransUnion by 26.7% in the 1st quarter. Parallel Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $73,000 after purchasing an additional 221 shares in the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the subject of a number of recent research reports. Stifel Nicolaus decreased their target price on TransUnion from $96.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Barclays cut their price target on TransUnion from $85.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday, October 2nd. Robert W. Baird set a $99.00 price target on TransUnion in a research report on Wednesday, October 28th. Royal Bank Of Canada decreased their price objective on TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Finally, Wells Fargo & Company decreased their price objective on TransUnion from $102.00 to $96.00 and set an “overweight” rating for the company in a research note on Wednesday, October 28th. Ten research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, TransUnion has an average rating of “Hold” and an average target price of $90.72.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.