TransUnion (NYSE:TRU) Trading Down 2.7% – What’s Next?

TransUnion (NYSE:TRU)’s share price fell 2.7% on Friday . The stock traded as low as $103.35 and last traded at $103.66. 193,581 shares were traded during trading, a decline of 88% from the average session volume of 1,592,726 shares. The stock had previously closed at $106.58.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TRU shares. Needham & Company LLC downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Thursday, June 20th. Royal Bank of Canada raised their price objective on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. Finally, Morgan Stanley raised their target price on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $95.44.

TransUnion Stock Performance

The company has a market capitalization of $20.33 billion, a P/E ratio of -73.22, a price-to-earnings-growth ratio of 1.41 and a beta of 1.62. The business has a 50 day moving average of $95.91 and a 200 day moving average of $82.84. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the company earned $0.76 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, sell-side analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio is -29.37%.

Insider Activity

In related news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares in the company, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,580 shares of company stock valued at $2,328,929. 0.22% of the stock is currently owned by insiders.

Institutional Trading of TransUnion

A number of large investors have recently made changes to their positions in TRU. Elo Mutual Pension Insurance Co lifted its holdings in TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after buying an additional 123 shares in the last quarter. Cornerstone Investment Partners LLC raised its stake in shares of TransUnion by 1.4% during the first quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock valued at $765,000 after acquiring an additional 135 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares during the period. V Square Quantitative Management LLC grew its stake in TransUnion by 6.4% in the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after purchasing an additional 165 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares during the period.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.