TransUnion (NYSE:TRU) Insider Steven M. Chaouki Sells 1,000 Shares

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the sale, the insider now directly owns 70,547 shares in the company, valued at approximately $5,239,525.69. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TransUnion Stock Up 1.6 %

Shares of NYSE:TRU opened at $73.91 on Wednesday. The firm’s 50 day simple moving average is $74.77 and its 200 day simple moving average is $73.52. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $82.75.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. On average, equities research analysts anticipate that TransUnion will post 3.42 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Friday, May 17th were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.42 annualized dividend and a yield of 0.57%. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TRU shares. Evercore ISI increased their price objective on shares of TransUnion from $70.00 to $80.00 and gave the stock an “in-line” rating in a report on Tuesday, March 26th. Needham & Company LLC increased their price objective on shares of TransUnion from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Morgan Stanley increased their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Oppenheimer increased their price objective on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, April 9th. Finally, Stifel Nicolaus increased their price objective on shares of TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $83.73.

Institutional Trading of TransUnion

Hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its holdings in TransUnion by 11.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock worth $487,000 after buying an additional 715 shares during the period. Lecap Asset Management Ltd. acquired a new stake in TransUnion during the 4th quarter worth approximately $1,006,000. Heron Bay Capital Management grew its stake in shares of TransUnion by 37.3% during the 4th quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock worth $11,850,000 after acquiring an additional 46,826 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of TransUnion by 37.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 460,203 shares of the business services provider’s stock worth $31,621,000 after acquiring an additional 124,492 shares in the last quarter. Finally, abrdn plc grew its stake in shares of TransUnion by 100.0% during the 4th quarter. abrdn plc now owns 68,390 shares of the business services provider’s stock worth $4,699,000 after acquiring an additional 34,188 shares in the last quarter.

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.