TransUnion (NYSE:TRU) Insider Sells $77,740.00 in Stock

TransUnion (NYSE:TRU) insider Steven Chaouki sold 1,000 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $77.74, for a total value of $77,740.00. Following the sale, the insider owned 77,888 shares in the company, valued at $6,055,013.12. The trade was a 1.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Stock Performance

Shares of NYSE:TRU opened at $83.15 on Friday. The business has a fifty day moving average of $74.18 and a 200-day moving average of $74.17. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.03 and a current ratio of 2.03. TransUnion has a twelve month low of $60.96 and a twelve month high of $89.12. The firm has a market cap of $15.86 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.56 and a beta of 1.56.

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

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Tuesday, November 10th will be given a $0.1350 dividend. This represents a $0.54 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, November 10th. This is a boost from TransUnion’s previous quarterly dividend of $0.1250. TransUnion’s dividend payout ratio is 12.17%.

Institutional Trading of TransUnion

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRU. BlackRock Inc. acquired a new position in TransUnion during the 2nd quarter valued at about $1,367,560,000. Jupiter Topco LLC bought a new position in shares of TransUnion in the 2nd quarter valued at about $280,292,000. Meritage Group LP bought a new position in shares of TransUnion in the 2nd quarter valued at about $263,751,000. Janus Henderson Group PLC grew its position in shares of TransUnion by 8.5% during the 1st quarter. Janus Henderson Group PLC now owns 3,740,326 shares of the business services provider’s stock worth $258,794,000 after buying an additional 293,091 shares during the period. Finally, Ninety One UK Ltd grew its position 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 worth $247,190,000 after buying an additional 689,649 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TRU. Zacks Research lowered shares of TransUnion from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 29th. Mizuho decreased their price target on shares of TransUnion from $77.00 to $74.00 and set a “neutral” rating on the stock in a research note on Monday, October 19th. Royal Bank Of Canada lowered their price target on shares of TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a report on Friday, October 16th. BMO Capital Markets boosted their price objective on shares of TransUnion from $85.00 to $98.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus reduced their price objective on TransUnion from $96.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.