TransUnion (NYSE:TRU) Insider Sells $158,490.00 in Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

TransUnion Price Performance

Shares of NYSE:TRU opened at $99.42 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $19.38 billion, a PE ratio of 86.45, a P/E/G ratio of 1.40 and a beta of 1.62. TransUnion has a twelve month low of $55.61 and a twelve month high of $113.17. The company has a 50-day moving average price of $103.62 and a two-hundred day moving average price of $88.71.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business earned $0.80 earnings per share. The company’s quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts forecast that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

Institutional Investors Weigh In On TransUnion

Institutional investors and hedge funds have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its stake in TransUnion by 3.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock valued at $14,369,000 after purchasing an additional 6,270 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in shares of TransUnion during the first quarter worth approximately $3,900,000. California State Teachers Retirement System raised its stake in shares of TransUnion by 2.4% during the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock worth $26,136,000 after acquiring an additional 7,636 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after purchasing an additional 674,187 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock worth $136,951,000 after purchasing an additional 140,952 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms have weighed in on TRU. Robert W. Baird upped their price objective on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Morgan Stanley upped their target price on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. The Goldman Sachs Group upped their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Oppenheimer upped their target price on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.53.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.