TransUnion (NYSE:TRU) EVP John T. Danaher sold 4,319 shares of TransUnion stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $84.00, for a total value of $362,796.00. Following the sale, the executive vice president now owns 69,492 shares of the company’s stock, valued at approximately $5,837,328. The transaction was disclosed in a document filed with the SEC, which is available at this link.
NYSE TRU opened at $80.83 on Friday. The firm has a market capitalization of $15.29 billion, a P/E ratio of 34.99, a P/E/G ratio of 3.30 and a beta of 1.00. TransUnion has a 1-year low of $52.15 and a 1-year high of $84.71. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51. The business’s 50-day simple moving average is $78.28 and its 200-day simple moving average is $69.53.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.08. The business had revenue of $661.90 million for the quarter, compared to analyst estimates of $644.73 million. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. The company’s revenue was up 17.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS. On average, equities research analysts expect that TransUnion will post 2.47 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Wednesday, August 21st. TransUnion’s dividend payout ratio is currently 12.99%.
Several research firms have commented on TRU. Deutsche Bank lifted their price target on TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 2nd. Barclays restated a “buy” rating and issued a $80.00 price target on shares of TransUnion in a report on Sunday, May 5th. Morgan Stanley lifted their price target on TransUnion from $82.00 to $83.00 and gave the company an “equal weight” rating in a report on Wednesday, July 24th. SunTrust Banks restated a “positive” rating and issued a $90.00 price target on shares of TransUnion in a report on Wednesday, July 24th. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price target for the company in a report on Monday, July 29th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $79.42.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRU. CSat Investment Advisory L.P. acquired a new position in shares of TransUnion in the 2nd quarter valued at about $30,000. Cullen Frost Bankers Inc. lifted its stake in shares of TransUnion by 222.9% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 468 shares in the last quarter. CENTRAL TRUST Co acquired a new position in shares of TransUnion in the 2nd quarter valued at about $54,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of TransUnion in the 1st quarter valued at about $80,000. Finally, Canada Pension Plan Investment Board lifted its stake in shares of TransUnion by 3,276.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,452 shares of the business services provider’s stock valued at $107,000 after purchasing an additional 1,409 shares in the last quarter.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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