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

TransUnion (NYSE:TRU) insider Steven Chaouki sold 1,000 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $77.74, for a total value of $77,740.00. Following the sale, the insider owned 77,888 shares in the company, valued at $6,055,013.12. The trade was a 1.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Stock Performance

TransUnion stock opened at $81.99 on Thursday. The stock has a 50-day simple moving average of $74.21 and a 200 day simple moving average of $74.18. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.07. TransUnion has a 12-month low of $60.96 and a 12-month high of $89.12. The stock has a market capitalization of $15.63 billion, a price-to-earnings ratio of 19.95, a P/E/G ratio of 1.49 and a beta of 1.56.

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

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be paid a dividend of $0.1350 per share. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. The ex-dividend date of this dividend is Tuesday, November 10th. TransUnion’s payout ratio is currently 13.14%.

Wall Street Analysts Forecast Growth

TRU has been the subject of several research analyst reports. Zacks Research cut shares of TransUnion from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 29th. Morgan Stanley lowered their target price on TransUnion from $106.00 to $97.00 and set an “overweight” rating for the company in a research note on Tuesday, October 13th. Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Saturday, October 3rd. UBS Group raised their price target on TransUnion from $75.00 to $83.00 and gave the company a “neutral” rating in a report on Wednesday, October 21st. Finally, Barclays lowered their price objective on TransUnion from $85.00 to $70.00 and set an “equal weight” rating for the company in a research report on Friday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $90.69.

Institutional Investors Weigh In On TransUnion

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in TransUnion by 12.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,187 shares of the business services provider’s stock valued at $86,000 after buying an additional 132 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in TransUnion by 14.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,188 shares of the business services provider’s stock worth $82,000 after buying an additional 152 shares during the last quarter. Raiffeisen Bank International AG grew its position in shares of TransUnion by 2.0% during the 2nd quarter. Raiffeisen Bank International AG now owns 9,468 shares of the business services provider’s stock worth $680,000 after buying an additional 187 shares during the period. Applied Finance Capital Management LLC grew its position in shares of TransUnion by 4.7% during the 1st quarter. Applied Finance Capital Management LLC now owns 4,576 shares of the business services provider’s stock worth $317,000 after buying an additional 204 shares during the period. Finally, Parallel Advisors LLC increased its stake in shares of TransUnion by 26.7% in the 1st quarter. Parallel Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $73,000 after acquiring an additional 221 shares during the last quarter.

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.