Key Points
- TransUnion EVP Heather Russell sold 10,000 shares for $797,100, at an average price of $79.71. The sale was made under a pre-arranged Rule 10b5-1 plan, leaving her with 30,399 shares.
- TransUnion beat quarterly EPS estimates, reporting $1.25 per share versus the $1.21 consensus; revenue was $1.31 billion, up 12.2% year over year.
- The company raised its quarterly dividend from $0.125 to $0.135 per share. Analysts’ average rating was “Hold,” with an average price target of $90.72.
TransUnion (NYSE:TRU - Get Free Report) EVP Heather Russell sold 10,000 shares of the business's stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $79.71, for a total value of $797,100.00. Following the completion of the transaction, the executive vice president directly owned 30,399 shares in the company, valued at approximately $2,423,104.29. The trade was a 24.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 $82.05 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.03 and a quick ratio of 2.03. The stock has a fifty day moving average price of $74.00 and a 200 day moving average price of $74.14. TransUnion has a 1-year low of $60.96 and a 1-year high of $89.12. The company has a market cap of $15.65 billion, a PE ratio of 19.96, a P/E/G ratio of 1.58 and a beta of 1.56.
TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The business services provider reported $1.25 earnings per share for the quarter, beating 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%. TransUnion's quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm posted $1.10 EPS. Sell-side analysts forecast that TransUnion will post 4.27 EPS for the current year.
TransUnion Increases Dividend
The company also recently announced 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 is a boost from TransUnion's previous quarterly dividend of $0.1250. The ex-dividend date is Tuesday, November 10th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion's dividend payout ratio (DPR) is 13.14%.
Hedge Funds Weigh In On TransUnion
Several hedge funds have recently added to or reduced their stakes in TRU. Essential Partners LLC raised its position in TransUnion by 63.7% during the first quarter. Essential Partners LLC now owns 609 shares of the business services provider's stock worth $42,000 after acquiring an additional 237 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of TransUnion in the third quarter valued at approximately $37,000. CX Institutional grew its position in shares of TransUnion by 263.0% in the second quarter. CX Institutional now owns 668 shares of the business services provider's stock valued at $48,000 after purchasing an additional 484 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of TransUnion in the second quarter valued at approximately $53,000. Finally, Signaturefd LLC increased its stake in shares of TransUnion by 42.6% during the 3rd quarter. Signaturefd LLC now owns 887 shares of the business services provider's stock worth $54,000 after purchasing an additional 265 shares in the last quarter.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on TRU. BNP Paribas Exane upgraded shares of TransUnion from a "neutral" rating to an "outperform" rating in a research note on Tuesday, July 28th. Stifel Nicolaus reduced their price objective on shares of TransUnion from $96.00 to $90.00 and set a "buy" rating for the company in a research report on Wednesday, October 28th. BMO Capital Markets raised their price objective on shares of TransUnion from $85.00 to $98.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Weiss Ratings raised TransUnion from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Finally, Rothschild & Co Redburn cut TransUnion from a "buy" rating to a "neutral" rating and boosted their target price for the stock from $89.00 to $91.00 in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $90.72.
Check Out Our Latest Stock Analysis on TransUnion
About TransUnion
(
Get Free Report)
TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.
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