Insider Selling: TransUnion (NYSE:TRU) EVP Sells 2,500 Shares of Stock

TransUnion (NYSE:TRU) EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $239,125.00. Following the completion of the sale, the executive vice president now directly owns 49,239 shares in the company, valued at approximately $4,709,710.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

TransUnion Trading Up 0.3 %

Shares of TransUnion stock traded up $0.27 during trading on Thursday, hitting $95.50. The stock had a trading volume of 1,493,602 shares, compared to its average volume of 1,644,602. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $18.55 billion, a PE ratio of -66.61, a P/E/G ratio of 1.42 and a beta of 1.62. TransUnion has a 1 year low of $42.09 and a 1 year high of $99.00. The stock has a 50 day simple moving average of $85.44 and a 200 day simple moving average of $79.12.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.13. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 EPS. On average, research analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.44%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock valued at $1,230,645,000 after acquiring an additional 234,123 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after purchasing an additional 3,977,595 shares during the last quarter. Capital International Investors acquired a new stake in shares of TransUnion during the 4th quarter valued at about $663,001,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock valued at $424,288,000 after buying an additional 572,121 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price on the stock in a research report on Thursday, June 20th. Robert W. Baird increased their price objective on shares of TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Needham & Company LLC cut TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Royal Bank of Canada raised their price target on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Finally, The Goldman Sachs Group boosted their target price on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.47.

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.