TransUnion (NYSE:TRU) EVP Sells $261,475.00 in Stock

TransUnion (NYSE:TRU) EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

TransUnion Stock Up 0.7 %

NYSE TRU opened at $106.62 on Friday. TransUnion has a 12 month low of $42.09 and a 12 month high of $106.68. The company has a market capitalization of $20.72 billion, a P/E ratio of -74.56, a PEG ratio of 1.39 and a beta of 1.62. The company’s 50 day simple moving average is $95.09 and its 200 day simple moving average is $82.45. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its quarterly 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 analysts’ expectations of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.76 earnings per share. Equities research analysts expect that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were given a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion’s dividend payout ratio (DPR) is -29.37%.

Hedge Funds Weigh In On TransUnion

A number of institutional investors have recently bought and sold shares of the stock. Elo Mutual Pension Insurance Co boosted its holdings in shares of TransUnion by 0.7% in 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 during the period. Cornerstone Investment Partners LLC grew its position in TransUnion by 1.4% during the 1st quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock worth $765,000 after purchasing an additional 135 shares in the last quarter. GAMMA Investing LLC raised its stake in TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of TransUnion by 6.4% in the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after purchasing an additional 165 shares in the last quarter. Finally, National Bank of Canada FI boosted its position in shares of TransUnion by 22.3% in the second 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.

Wall Street Analysts Forecast Growth

TRU has been the topic of several analyst reports. UBS Group started coverage on shares of TransUnion in a research note on Tuesday. They issued a “neutral” rating and a $110.00 price target on the stock. Wolfe Research assumed coverage on TransUnion in a research report on Tuesday, July 9th. They issued a “peer perform” rating on the stock. Robert W. Baird boosted their price target on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research report 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. Finally, Oppenheimer lifted their price objective on shares of TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $95.44.

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.