TransUnion (NYSE:TRU) Stock Price Down 11.7% on Insider Selling

TransUnion (NYSE:TRU) shares traded down 11.7% during mid-day trading on Tuesday following insider selling activity. The stock traded as low as $68.73 and last traded at $68.2080. 1,926,855 shares changed hands during trading, a decline of 9% from the average session volume of 2,117,683 shares. The stock had previously closed at $77.21.

Specifically, insider Todd C. Skinner sold 500 shares of TransUnion stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $78.79, for a total value of $39,395.00. Following the completion of the sale, the insider directly owned 31,725 shares in the company, valued at $2,499,612.75. The trade was a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TRU shares. Stifel Nicolaus set a $103.00 price objective on shares of TransUnion in a research note on Friday, October 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $115.00 price target on shares of TransUnion in a research report on Monday, October 20th. UBS Group set a $90.00 price objective on TransUnion and gave the company a “neutral” rating in a report on Friday, October 24th. The Goldman Sachs Group upped their target price on TransUnion from $78.00 to $86.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Finally, Morgan Stanley lowered their price target on TransUnion from $122.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Stock Performance

The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10. The stock has a fifty day simple moving average of $84.49 and a 200-day simple moving average of $85.59. The company has a market capitalization of $13.10 billion, a P/E ratio of 31.53, a PEG ratio of 1.49 and a beta of 1.70.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Friday, November 21st were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, November 21st. TransUnion’s dividend payout ratio (DPR) is currently 21.50%.

Institutional Trading of TransUnion

Several large investors have recently made changes to their positions in TRU. Eagle Bay Advisors LLC bought a new stake in TransUnion during the 4th quarter worth about $25,000. Board of the Pension Protection Fund acquired a new position in shares of TransUnion during the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. increased its holdings in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares in the last quarter. Generali Asset Management SPA SGR bought a new position in TransUnion in the 2nd quarter worth approximately $30,000. Finally, True Wealth Design LLC lifted its holdings in TransUnion by 200.8% during 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 in the last quarter.

TransUnion Company Profile

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.