Steven M. Chaouki Sells 1,000 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the transaction, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

TransUnion Trading Up 0.5 %

Shares of TransUnion stock opened at $92.27 on Friday. The stock has a market capitalization of $17.98 billion, a PE ratio of 80.24, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. TransUnion has a 52 week low of $63.03 and a 52 week high of $113.17. The stock has a 50 day moving average price of $98.77 and a two-hundred day moving average price of $94.33. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the business posted $0.80 EPS. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.46%. TransUnion’s payout ratio is 36.52%.

Hedge Funds Weigh In On TransUnion

Hedge funds have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA boosted its position in shares of TransUnion by 32.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after buying an additional 3,977,595 shares during the last quarter. FMR LLC grew its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares in the last quarter. XN LP raised its holdings in shares of TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after purchasing an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP bought a new position in shares of TransUnion during the third quarter valued at about $92,661,000. Finally, Victory Capital Management Inc. boosted its holdings in TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after purchasing an additional 674,187 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on TRU shares. Wells Fargo & Company increased their price objective on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research report on Thursday, October 10th. Robert W. Baird lifted their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. UBS Group began coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Finally, Morgan Stanley boosted their price target on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.06.

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.