TransUnion (NYSE:TRU) Insider Todd Skinner Sells 1,000 Shares of Company Stock

TransUnion (NYSE:TRU) insider Todd Skinner sold 1,000 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $77.74, for a total transaction of $77,740.00. Following the sale, the insider owned 53,764 shares in the company, valued at $4,179,613.36. The trade was a 1.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Price Performance

Shares of NYSE:TRU opened at $78.64 on Wednesday. The firm has a 50 day moving average of $74.26 and a 200-day moving average of $74.20. TransUnion has a 12 month low of $60.96 and a 12 month high of $89.12. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $15.00 billion, a PE ratio of 19.09, a PEG ratio of 1.50 and a beta of 1.56.

TransUnion (NYSE:TRU) last posted 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. The business 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 firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. On average, equities research analysts predict that TransUnion will post 4.27 EPS for the current fiscal year.

TransUnion Increases Dividend

The firm 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 $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 dividend payout ratio is 12.17%.

Institutional Trading of TransUnion

Several institutional investors have recently added to or reduced their stakes in TRU. Pictet Asset Management Holding SA boosted its position in shares of TransUnion by 0.5% during 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 in the last quarter. CenterBook Partners LP acquired a new stake in shares of TransUnion in the 3rd quarter valued at about $1,326,000. Rakuten Investment Management Inc. increased its position in TransUnion by 9.2% in the 3rd quarter. Rakuten Investment Management Inc. now owns 12,536 shares of the business services provider’s stock valued at $806,000 after buying an additional 1,053 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in TransUnion in the 3rd quarter valued at about $85,000. Finally, Peak Financial Advisors LLC acquired a new position in TransUnion during the 3rd quarter worth approximately $1,843,000.

Wall Street Analyst Weigh In

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

About TransUnion

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.