TransUnion (NYSE:TRU) Insider Sells 1,000 Shares of Company Stock

TransUnion (NYSE:TRU) insider Todd Skinner sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $77.74, for a total value of $77,740.00. Following the completion of the transaction, the insider owned 53,764 shares in the company, valued at $4,179,613.36. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Stock Performance

Shares of TransUnion stock traded down $0.59 during trading hours on Tuesday, hitting $78.64. 3,331,177 shares of the company were exchanged, compared to its average volume of 2,600,032. TransUnion has a 1 year low of $60.96 and a 1 year high of $89.12. The company has a current ratio of 2.03, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. The business has a 50-day moving average of $74.39 and a 200-day moving average of $74.23. The stock has a market capitalization of $15.00 billion, a price-to-earnings ratio of 19.13, a P/E/G ratio of 1.35 and a beta of 1.58.

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

TransUnion Increases Dividend

The company also recently announced 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. This is a boost from TransUnion’s previous quarterly dividend of $0.1250. The ex-dividend date is Tuesday, November 10th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion’s dividend payout ratio (DPR) is 12.17%.

Institutional Investors Weigh In On TransUnion

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in TransUnion during the second quarter worth approximately $1,367,560,000. Jupiter Topco LLC acquired a new position in shares of TransUnion in the 2nd quarter valued at $280,292,000. Meritage Group LP acquired a new position in shares of TransUnion in the 2nd quarter valued at $263,751,000. Janus Henderson Group PLC boosted its holdings in shares of TransUnion by 8.5% in the 1st quarter. Janus Henderson Group PLC now owns 3,740,326 shares of the business services provider’s stock valued at $258,794,000 after purchasing an additional 293,091 shares during the last quarter. Finally, Ninety One UK Ltd grew its stake in shares of TransUnion by 20.6% during the 3rd quarter. Ninety One UK Ltd now owns 4,044,338 shares of the business services provider’s stock valued at $247,190,000 after buying an additional 689,649 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TRU. Needham & Company LLC boosted their price target on shares of TransUnion from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Zacks Research downgraded shares of TransUnion from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 29th. UBS Group lifted their price objective on TransUnion from $75.00 to $83.00 and gave the company a “neutral” rating in a report on Wednesday, October 21st. The Goldman Sachs Group boosted their target price on TransUnion from $68.00 to $78.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 28th. Finally, Weiss Ratings raised TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $90.69.

TransUnion Company Profile

TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.