TransUnion (NYSE:TRU) Insider Steven Chaouki Sells 1,000 Shares of Company Stock

TransUnion (NYSE:TRU) insider Steven Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $77.74, for a total value of $77,740.00. Following the completion of the transaction, the insider owned 77,888 shares in the company, valued at approximately $6,055,013.12. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Price Performance

TRU stock opened at $78.64 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.03 and a current ratio of 2.03. TransUnion has a 1 year low of $60.96 and a 1 year high of $89.12. The stock has a 50-day simple moving average of $74.26 and a 200-day simple moving average of $74.20. The firm has a market cap of $15.00 billion, a P/E ratio of 19.09, a price-to-earnings-growth ratio of 1.50 and a beta of 1.56.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.04. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm posted $1.10 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. On average, equities analysts predict that TransUnion will post 4.27 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be given a $0.1350 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, November 10th. This is a positive change from TransUnion’s previous quarterly dividend of $0.1250. TransUnion’s payout ratio is 12.17%.

Hedge Funds Weigh In On TransUnion

Several institutional investors have recently made changes to their positions in TRU. Pictet Asset Management Holding SA lifted its holdings in shares of TransUnion by 0.5% in the 3rd quarter. Pictet Asset Management Holding SA now owns 96,964 shares of the business services provider’s stock worth $5,926,000 after purchasing an additional 506 shares during the last quarter. CenterBook Partners LP bought a new position in TransUnion during the 3rd quarter worth $1,326,000. Rakuten Investment Management Inc. grew its stake in TransUnion by 9.2% during the 3rd quarter. Rakuten Investment Management Inc. now owns 12,536 shares of the business services provider’s stock worth $806,000 after buying an additional 1,053 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in TransUnion in the third quarter worth $85,000. Finally, Peak Financial Advisors LLC acquired a new stake in TransUnion in the third quarter worth $1,843,000.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TRU. Mizuho dropped their price target on TransUnion from $77.00 to $74.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. Wall Street Zen downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. Needham & Company LLC boosted their target price on shares of TransUnion from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. BMO Capital Markets increased their target price on shares of TransUnion from $85.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $90.69.

TransUnion Company Profile

TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.