Insider Selling: TransUnion (NYSE:TRU) Insider Sells $77,740.00 in Stock

TransUnion (NYSE:TRU) insider Todd Skinner sold 1,000 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $77.74, for a total value of $77,740.00. Following the completion of the transaction, the insider owned 53,764 shares in the company, valued at $4,179,613.36. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Price Performance

NYSE TRU opened at $83.15 on Friday. The company has a 50 day simple moving average of $74.18 and a 200-day simple moving average of $74.17. 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 firm has a market capitalization of $15.86 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.56 and a beta of 1.56. TransUnion has a 52-week low of $60.96 and a 52-week high of $89.12.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 EPS for the quarter, topping the consensus estimate of $1.21 by $0.04. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $1.10 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. Equities research analysts predict that TransUnion will post 4.27 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.1350 per share. This is an increase from TransUnion’s previous quarterly dividend of $0.1250. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.6%. TransUnion’s dividend payout ratio (DPR) is 12.17%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new position in TransUnion during the second quarter worth $1,367,560,000. Jupiter Topco LLC acquired a new position in TransUnion during the 2nd quarter valued at $280,292,000. Meritage Group LP acquired a new position in TransUnion during the 2nd quarter valued at $263,751,000. Janus Henderson Group PLC raised its stake in TransUnion by 8.5% during the 1st quarter. Janus Henderson Group PLC now owns 3,740,326 shares of the business services provider’s stock valued at $258,794,000 after purchasing an additional 293,091 shares during the last quarter. Finally, Ninety One UK Ltd boosted its holdings in TransUnion by 20.6% in the 3rd quarter. Ninety One UK Ltd now owns 4,044,338 shares of the business services provider’s stock valued at $247,190,000 after purchasing an additional 689,649 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TRU shares. Wall Street Zen cut shares of TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. The Goldman Sachs Group increased their price objective on TransUnion from $68.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday, October 28th. Needham & Company LLC lifted their price objective on TransUnion from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. Mizuho reduced their price objective on TransUnion from $77.00 to $74.00 and set a “neutral” rating for the company in a research report on Monday, October 19th. Finally, Morgan Stanley lowered their target price on TransUnion from $106.00 to $97.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. Ten analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and an average target price of $90.69.

About TransUnion

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.