Todd C. Skinner Sells 3,090 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the sale, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. The trade was a 11.27 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

TransUnion Trading Up 1.0 %

Shares of NYSE:TRU opened at $100.03 on Wednesday. The company’s 50-day moving average price is $103.30 and its two-hundred day moving average price is $90.87. TransUnion has a one year low of $58.59 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The stock has a market capitalization of $19.50 billion, a PE ratio of 86.98, a price-to-earnings-growth ratio of 1.38 and a beta of 1.60.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. On average, equities analysts forecast that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. TransUnion’s payout ratio is 36.52%.

Hedge Funds Weigh In On TransUnion

Several institutional investors and hedge funds have recently modified their holdings of TRU. Huntington National Bank grew its stake in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares during the last quarter. Quarry LP grew its position in shares of TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. True Wealth Design LLC increased its stake in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after purchasing an additional 459 shares during the period. National Bank of Canada FI lifted 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 last quarter. Finally, Blue Trust Inc. boosted its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TRU shares. UBS Group started coverage on TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Barclays raised their target price on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Oppenheimer lowered their price target on shares of TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Finally, The Goldman Sachs Group raised their price objective on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.

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.