TransUnion (NYSE:TRU – Get Free Report) EVP Mohamed Abdelsadek sold 1,250 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $79.07, for a total value of $98,837.50. Following the transaction, the executive vice president owned 53,431 shares of the company’s stock, valued at $4,224,789.17. This represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mohamed Abdelsadek also recently made the following trade(s):
- On Tuesday, July 28th, Mohamed Abdelsadek sold 23,495 shares of TransUnion stock. The shares were sold at an average price of $85.00, for a total transaction of $1,997,075.00.
TransUnion Price Performance
TRU traded down $2.36 during trading hours on Wednesday, hitting $74.66. The company’s stock had a trading volume of 2,063,676 shares, compared to its average volume of 2,441,458. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.30 and a beta of 1.54. The business’s 50-day moving average price is $80.03 and its 200-day moving average price is $74.31. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. TransUnion has a 12 month low of $63.37 and a 12 month high of $95.50.
TransUnion Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Thursday, August 20th were given a $0.125 dividend. The ex-dividend date was Thursday, August 20th. This represents a $0.50 annualized dividend and a yield of 0.7%. TransUnion’s dividend payout ratio (DPR) is currently 13.19%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of TransUnion during the 2nd quarter worth approximately $1,367,560,000. Independent Franchise Partners LLP grew its position in TransUnion by 99.7% in the 4th quarter. Independent Franchise Partners LLP now owns 9,136,903 shares of the business services provider’s stock valued at $783,489,000 after acquiring an additional 4,561,619 shares during the last quarter. Van ECK Associates Corp increased its stake in TransUnion by 7.0% in the fourth quarter. Van ECK Associates Corp now owns 4,932,203 shares of the business services provider’s stock worth $422,936,000 after purchasing an additional 323,149 shares during the period. Geode Capital Management LLC increased its stake in TransUnion by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 3,520,417 shares of the business services provider’s stock worth $301,012,000 after purchasing an additional 24,297 shares during the period. Finally, Jupiter Topco LLC bought a new stake in shares of TransUnion during the second quarter worth $280,292,000.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on TRU shares. UBS Group upped their price objective on TransUnion from $72.00 to $77.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. BNP Paribas Exane raised TransUnion from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 28th. Barclays increased their price target on TransUnion from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating and issued a $106.00 price target on shares of TransUnion in a research report on Wednesday, July 29th. Finally, Wall Street Zen cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.38.
Get Our Latest Stock Analysis on TRU
About TransUnion
TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. Its services use credit, identity, and other data to support lending, insurance, telecommunications, retail, employment, and other commercial activities.
The company provides credit reporting and risk-management solutions, including consumer credit information, scoring, decisioning tools, fraud detection, identity verification, and analytics. TransUnion also offers marketing and audience-insights products designed to help organizations understand and reach consumers, as well as consumer-facing services that provide access to credit information, monitoring, and identity-protection tools.
TransUnion traces its origins to 1968, when it was established as a holding company for a railroad-leasing business before developing into a consumer credit reporting organization.
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