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

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

TransUnion Stock Performance

Shares of NYSE TRU opened at $81.99 on Thursday. The company’s fifty day moving average price is $74.21 and its 200 day moving average price is $74.18. TransUnion has a 1 year low of $60.96 and a 1 year high of $89.12. The company has a market capitalization of $15.63 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.49 and a beta of 1.56. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.03 and a current ratio of 2.03.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 EPS for the quarter, beating the consensus estimate of $1.21 by $0.04. The company 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 was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.10 earnings per share. On average, research analysts predict that TransUnion will post 4.27 earnings per share for the current year.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Tuesday, November 10th will be paid a $0.1350 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. This is a boost from TransUnion’s previous quarterly dividend of $0.1250. TransUnion’s dividend payout ratio (DPR) is presently 13.14%.

Institutional Trading of TransUnion

Several large investors have recently bought and sold shares of the business. Essential Partners LLC boosted its stake 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 buying an additional 237 shares during the period. Root Financial Partners LLC acquired a new stake in shares of TransUnion during the third quarter valued at about $37,000. CX Institutional raised its stake in shares of TransUnion by 263.0% in the 2nd quarter. CX Institutional now owns 668 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 484 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of TransUnion in the 2nd quarter valued at approximately $53,000. Finally, Signaturefd LLC lifted its holdings in shares of TransUnion by 42.6% in the 3rd quarter. Signaturefd LLC now owns 887 shares of the business services provider’s stock worth $54,000 after acquiring an additional 265 shares during the last quarter.

Analysts Set New Price Targets

TRU has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price target on TransUnion from $85.00 to $98.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada cut their price objective on TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a research report on Friday, October 16th. UBS Group upped their target price on TransUnion from $75.00 to $83.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Barclays decreased their target price on TransUnion from $85.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Friday, October 2nd. Finally, Mizuho dropped their price target on shares of TransUnion from $77.00 to $74.00 and set a “neutral” rating on the stock in a research note on Monday, October 19th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $90.69.

TransUnion Company Profile

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.