TransUnion (NYSE:TRU) Announces Quarterly Dividend of $0.13

TransUnion (NYSE:TRU) declared a quarterly dividend on Thursday, February 12th. Stockholders of record on Thursday, February 26th will be paid a dividend of 0.125 per share by the business services provider on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 8.7% increase from TransUnion’s previous quarterly dividend of $0.12.

TransUnion has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. TransUnion has a payout ratio of 9.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect TransUnion to earn $4.81 per share next year, which means the company should continue to be able to cover its $0.46 annual dividend with an expected future payout ratio of 9.6%.

TransUnion Trading Down 1.6%

NYSE:TRU traded down $1.18 during trading hours on Thursday, hitting $70.60. The company had a trading volume of 6,003,803 shares, compared to its average volume of 2,897,993. The company has a market capitalization of $13.71 billion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 1.39 and a beta of 1.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a 50-day moving average price of $82.72 and a 200 day moving average price of $84.51. TransUnion has a 52 week low of $65.24 and a 52 week high of $101.19.

Insider Activity

In other news, EVP Tiffani Chambers sold 4,318 shares of TransUnion stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $86.00, for a total transaction of $371,348.00. Following the completion of the sale, the executive vice president directly owned 50,427 shares in the company, valued at approximately $4,336,722. This trade represents a 7.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Todd C. Skinner sold 500 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $78.79, for a total transaction of $39,395.00. Following the completion of the transaction, the insider owned 31,725 shares in the company, valued at approximately $2,499,612.75. The trade was a 1.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 7,818 shares of company stock valued at $663,883. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TransUnion

Large investors have recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC purchased a new position in shares of TransUnion during the fourth quarter worth approximately $25,000. Board of the Pension Protection Fund bought a new position in TransUnion in the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. increased its holdings in TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock worth $26,000 after purchasing an additional 290 shares during the period. Generali Asset Management SPA SGR bought a new stake in TransUnion during the 2nd quarter valued at $30,000. Finally, True Wealth Design LLC lifted its holdings in shares of TransUnion by 200.8% in the 4th quarter. True Wealth Design LLC now owns 367 shares of the business services provider’s stock worth $31,000 after buying an additional 245 shares during the period.

About TransUnion

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.