Insider Selling: TransUnion (NYSE:TRU) EVP Sells $2,364,955.34 in Stock

TransUnion (NYSE:TRU) EVP Venkat Achanta sold 29,291 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $80.74, for a total value of $2,364,955.34. Following the transaction, the executive vice president directly owned 167,621 shares in the company, valued at approximately $13,533,719.54. This trade represents a 14.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Venkat Achanta also recently made the following trade(s):

• On Thursday, September 10th, Venkat Achanta sold 23,287 shares of TransUnion stock. The stock was sold at an average price of $77.00, for a total value of $1,793,099.00.

TransUnion Stock Down 1.3%

NYSE:TRU traded down $1.06 on Tuesday, hitting $82.05. The stock had a trading volume of 1,589,740 shares, compared to its average volume of 2,598,064. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.07. TransUnion has a 52 week low of $60.96 and a 52 week high of $89.12. The business’s fifty day moving average is $74.06 and its 200 day moving average is $74.16. The company has a market cap of $15.65 billion, a PE ratio of 19.96, a P/E/G ratio of 1.56 and a beta of 1.56.

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

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.1350 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a boost from TransUnion’s previous quarterly dividend of $0.1250. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion’s payout ratio is presently 12.17%.

Analyst Ratings Changes

Several equities analysts recently weighed in on TRU shares. The Goldman Sachs Group raised their price target on shares of TransUnion from $68.00 to $78.00 and gave the company a “neutral” rating in a research report on Wednesday, October 28th. Royal Bank Of Canada cut their price target on TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Zacks Research lowered TransUnion from a “hold” rating to a “strong sell” rating in a report on Thursday, October 29th. Stifel Nicolaus lowered their price objective on TransUnion from $96.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Finally, Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. Ten investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $90.72.

Institutional Trading of TransUnion

Institutional investors have recently made changes to their positions in the company. Voya Investment Management LLC raised its position in shares of TransUnion by 53.1% in the third quarter. Voya Investment Management LLC now owns 73,250 shares of the business services provider’s stock valued at $4,477,000 after purchasing an additional 25,401 shares during the period. Public Sector Pension Investment Board purchased a new stake in shares of TransUnion during the 3rd quarter valued at approximately $15,014,000. Hantz Financial Services Inc. lifted its stake in shares of TransUnion by 1,416.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 79,931 shares of the business services provider’s stock valued at $4,885,000 after buying an additional 74,660 shares in the last quarter. IFG Advisory LLC bought a new position in TransUnion in the 3rd quarter worth approximately $499,000. Finally, Phoenix Financial Ltd. bought a new position in TransUnion in the 3rd quarter worth approximately $393,000.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.