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 stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the completion of the transaction, the insider now directly owns 70,547 shares of the company’s stock, valued at approximately $5,239,525.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

TransUnion Stock Performance

NYSE:TRU opened at $75.59 on Thursday. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $82.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. The company has a 50 day simple moving average of $74.90 and a two-hundred day simple moving average of $73.54.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. On average, analysts forecast that TransUnion will post 3.42 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, May 16th. TransUnion’s dividend payout ratio (DPR) is -29.37%.

Institutional Trading of TransUnion

Several large investors have recently modified their holdings of TRU. Capital International Investors acquired a new stake in shares of TransUnion during the 4th quarter worth approximately $663,001,000. Massachusetts Financial Services Co. MA grew its position in shares of TransUnion by 570.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,029,897 shares of the business services provider’s stock worth $483,024,000 after buying an additional 5,981,271 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of TransUnion by 51.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after purchasing an additional 2,306,596 shares in the last quarter. CCLA Investment Management increased its stake in TransUnion by 104,813.6% during the 1st quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock valued at $153,454,000 after purchasing an additional 1,945,340 shares in the last quarter. Finally, Meritage Group LP raised its holdings in TransUnion by 56.5% during the fourth quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock worth $345,640,000 after buying an additional 1,815,540 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TRU shares. Stifel Nicolaus raised their price objective on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a report on Friday, April 26th. Evercore ISI raised their price objective on shares of TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a report on Tuesday, March 26th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Thursday, June 20th. Needham & Company LLC raised their price objective on shares of TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, April 25th. Finally, Oppenheimer raised their price objective on shares of TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $83.73.

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.