TransUnion (NYSE:TRU) Insider Steven M. Chaouki Sells 1,500 Shares

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the transaction, the insider now directly owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

TransUnion Trading Down 3.6 %

TransUnion stock opened at $102.90 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a 50-day simple moving average of $103.39 and a 200 day simple moving average of $88.54. The stock has a market capitalization of $20.06 billion, a P/E ratio of 89.48, a PEG ratio of 1.45 and a beta of 1.62. TransUnion has a 52 week low of $51.50 and a 52 week high of $113.17.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the firm earned $0.80 EPS. The firm’s revenue was up 12.0% compared to the same quarter last year. Analysts expect that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is presently 36.52%.

Wall Street Analysts Forecast Growth

TRU has been the subject of several recent research reports. Oppenheimer upped their price objective on TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. The Goldman Sachs Group boosted their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Stifel Nicolaus raised their price target on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research report on Thursday, October 10th. Finally, Morgan Stanley raised their target price on shares of TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Institutional Trading of TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Huntington National Bank lifted its position in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares during the last quarter. Quarry LP lifted its holdings in TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after purchasing an additional 520 shares during the last quarter. Signaturefd LLC lifted its holdings in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares during the last quarter. Blue Trust Inc. boosted its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period. Finally, National Bank of Canada FI grew its holdings in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after buying an additional 166 shares in the last quarter.

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.