TransUnion (NYSE:TRU) EVP Heather Russell Sells 10,000 Shares of Company Stock

TransUnion (NYSE:TRU) EVP Heather Russell sold 10,000 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $79.71, for a total transaction of $797,100.00. Following the completion of the transaction, the executive vice president directly owned 30,399 shares in the company, valued at $2,423,104.29. This trade represents a 24.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Price Performance

Shares of NYSE:TRU opened at $82.05 on Wednesday. TransUnion has a 12 month low of $60.96 and a 12 month high of $89.12. The firm has a market capitalization of $15.65 billion, a P/E ratio of 19.96, a P/E/G ratio of 1.58 and a beta of 1.56. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.03 and a quick ratio of 2.03. The company’s fifty day moving average price is $74.00 and its 200 day moving average price is $74.14.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.04. The company had revenue of $1.31 billion during 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%. TransUnion’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 earnings per share. As a group, sell-side analysts predict that TransUnion will post 4.27 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be issued a $0.1350 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. TransUnion’s dividend payout ratio (DPR) is presently 13.14%.

Wall Street Analyst Weigh In

TRU has been the topic of a number of research reports. Stifel Nicolaus dropped their price target on TransUnion from $96.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday, October 28th. Needham & Company LLC lifted their price target on TransUnion from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. Wells Fargo & Company reduced their price objective on TransUnion from $102.00 to $96.00 and set an “overweight” rating for the company in a research note on Wednesday, October 28th. Royal Bank Of Canada decreased their price objective on TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Finally, Robert W. Baird set a $99.00 price objective on TransUnion in a report on Wednesday, October 28th. Ten equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $90.72.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TRU. Root Financial Partners LLC purchased a new stake in shares of TransUnion in the third quarter valued at about $37,000. Essential Partners LLC grew its holdings in shares of TransUnion by 63.7% during the first quarter. Essential Partners LLC now owns 609 shares of the business services provider’s stock worth $42,000 after buying an additional 237 shares during the last quarter. CX Institutional grew its holdings in shares of TransUnion by 263.0% during the second quarter. CX Institutional now owns 668 shares of the business services provider’s stock worth $48,000 after buying an additional 484 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of TransUnion during the second quarter worth about $53,000. Finally, Signaturefd LLC increased its position in TransUnion by 42.6% in the 3rd quarter. Signaturefd LLC now owns 887 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 265 shares during the period.

About TransUnion

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.