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

TransUnion (NYSE:TRU) insider Todd Skinner sold 1,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $77.74, for a total value of $77,740.00. Following the sale, the insider directly owned 53,764 shares of the company’s stock, valued at approximately $4,179,613.36. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Trading Down 0.7%

NYSE:TRU traded down $0.59 on Tuesday, hitting $78.64. 3,331,177 shares of the stock were exchanged, compared to its average volume of 2,600,032. The stock has a fifty day moving average of $74.39 and a 200-day moving average of $74.23. The stock has a market cap of $15.00 billion, a PE ratio of 19.13, a PEG ratio of 1.35 and a beta of 1.58. The company has a current ratio of 2.03, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. TransUnion has a fifty-two week low of $60.96 and a fifty-two week high of $89.12.

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

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.1350 per share. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. This represents a $0.54 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, November 10th. TransUnion’s payout ratio is presently 12.17%.

Hedge Funds Weigh In On TransUnion

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA increased its position in shares of TransUnion by 0.5% during the third quarter. Pictet Asset Management Holding SA now owns 96,964 shares of the business services provider’s stock worth $5,926,000 after acquiring an additional 506 shares during the last quarter. CenterBook Partners LP acquired a new position in shares of TransUnion in the third quarter worth about $1,326,000. Rakuten Investment Management Inc. boosted its holdings in TransUnion by 9.2% in the third quarter. Rakuten Investment Management Inc. now owns 12,536 shares of the business services provider’s stock valued at $806,000 after purchasing an additional 1,053 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in TransUnion in the third quarter valued at about $85,000. Finally, Peak Financial Advisors LLC acquired a new stake in TransUnion during the 3rd quarter valued at approximately $1,843,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TRU. Zacks Research lowered shares of TransUnion from a “hold” rating to a “strong sell” rating in a report on Thursday, October 29th. Robert W. Baird set a $99.00 price objective on TransUnion in a research note on Wednesday, October 28th. BNP Paribas Exane upgraded TransUnion from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 28th. Griffin Securities set a $98.00 target price on TransUnion in a report on Wednesday, July 29th. Finally, Needham & Company LLC upped their price target on TransUnion from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, October 28th. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.69.

About TransUnion

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.