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

TransUnion (NYSE:TRU) EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

TransUnion Trading Up 2.4 %

Shares of TransUnion stock traded up $2.45 during trading on Wednesday, reaching $105.88. 973,953 shares of the company were exchanged, compared to its average volume of 1,602,527. The business has a 50-day moving average price of $94.53 and a 200-day moving average price of $82.28. The firm has a market capitalization of $20.57 billion, a price-to-earnings ratio of -74.10, a P/E/G ratio of 1.39 and a beta of 1.62. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a twelve month low of $42.09 and a twelve month high of $106.67.

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

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.40%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analysts Set New Price Targets

A number of research firms recently commented on TRU. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research report on Thursday, June 20th. Oppenheimer raised their target price on TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Robert W. Baird upped their price target on shares of TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. UBS Group assumed coverage on shares of TransUnion in a research report on Tuesday. They issued a “neutral” rating and a $110.00 price objective for the company. Finally, Barclays upped their target price on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and a consensus price target of $95.44.

Hedge Funds Weigh In On TransUnion

Several institutional investors and hedge funds have recently made changes to their positions in TRU. Abacus Planning Group Inc. bought a new position in TransUnion during the third quarter worth about $216,000. Sanctuary Advisors LLC bought a new position in shares of TransUnion during the 2nd quarter valued at about $1,008,000. Next Capital Management LLC bought a new position in shares of TransUnion during the 2nd quarter valued at about $422,000. Brandes Investment Partners LP grew its position in shares of TransUnion by 32.4% in the 2nd quarter. Brandes Investment Partners LP now owns 8,110 shares of the business services provider’s stock valued at $601,000 after purchasing an additional 1,984 shares during the period. Finally, Quarry LP increased its stake 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 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.