Insider Selling: TransUnion (NYSE:TRU) Insider Sells $93,600.00 in Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the sale, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TransUnion Stock Up 0.5 %

TRU opened at $92.27 on Monday. The business has a 50 day moving average of $98.77 and a 200-day moving average of $94.33. The stock has a market capitalization of $17.98 billion, a price-to-earnings ratio of 80.24, a P/E/G ratio of 1.37 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 1-year low of $63.03 and a 1-year high of $113.17.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 EPS. As a group, sell-side analysts anticipate that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

Hedge Funds Weigh In On TransUnion

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Huntington National Bank grew its holdings in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 193 shares in the last quarter. Quarry LP lifted its position in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after purchasing an additional 520 shares during the period. True Wealth Design LLC boosted its stake in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after buying an additional 459 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after buying an additional 166 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TRU shares. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Oppenheimer reduced their price objective on shares of TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a research note on Wednesday, November 20th. Royal Bank of Canada restated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley upped their price target on TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, Wells Fargo & Company increased their price objective on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $107.06.

TransUnion Company Profile

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.