TransUnion (NYSE:TRU) Insider Sells $95,650.00 in Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the sale, the insider now directly owns 64,488 shares in the company, valued at $6,168,277.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

TransUnion Stock Performance

Shares of NYSE:TRU traded up $0.27 during trading hours 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 stock’s fifty day simple moving average is $85.44 and its 200 day simple moving average is $79.12. TransUnion has a 1-year low of $42.09 and a 1-year high of $99.00. The firm has a market capitalization of $18.55 billion, a price-to-earnings ratio of -66.61, a PEG ratio of 1.42 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. The business had revenue of $1.04 billion during 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 quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.76 earnings per share. Sell-side analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Robert W. Baird upped their target price on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. The Goldman Sachs Group raised their target price on shares of TransUnion from $87.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Barclays increased their price objective on shares of TransUnion from $75.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, July 26th. Royal Bank of Canada boosted their price target on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, Needham & Company LLC downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $89.47.

Institutional Investors Weigh In On TransUnion

Several hedge funds and other institutional investors have recently bought and sold shares of TRU. Elo Mutual Pension Insurance Co boosted its holdings in TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after buying an additional 123 shares in the last quarter. Cornerstone Investment Partners LLC grew its holdings in shares of TransUnion by 1.4% in the 1st quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock worth $765,000 after acquiring an additional 135 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after acquiring an additional 142 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after buying an additional 165 shares during the period. Finally, National Bank of Canada FI raised its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares during the period.

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.