George M. Awad Sells 12,000 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) Director George M. Awad sold 12,000 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

TransUnion Trading Up 0.3 %

Shares of TransUnion stock opened at $101.00 on Thursday. TransUnion has a fifty-two week low of $56.85 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market cap of $19.68 billion, a P/E ratio of 87.59, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. The firm has a 50-day simple moving average of $103.71 and a two-hundred day simple moving average of $90.10.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the company earned $0.80 earnings per share. TransUnion’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TRU shares. The Goldman Sachs Group boosted their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Morgan Stanley lifted their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $106.38.

Institutional Investors Weigh In On TransUnion

Several institutional investors have recently bought and sold shares of TRU. California State Teachers Retirement System boosted its stake in shares of TransUnion by 2.4% in 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 during the last quarter. Victory Capital Management Inc. lifted its stake 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 buying an additional 674,187 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in TransUnion by 12.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after acquiring an additional 140,952 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in shares of TransUnion by 359.2% in the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 7,669 shares during the last quarter.

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.