TransUnion (NYSE:TRU – Get Free Report) EVP Mohamed Abdelsadek sold 1,250 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $79.07, for a total transaction of $98,837.50. Following the completion of the transaction, the executive vice president directly owned 53,431 shares in the company, valued at $4,224,789.17. The trade was a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mohamed Abdelsadek also recently made the following trade(s):
- On Tuesday, July 28th, Mohamed Abdelsadek sold 23,495 shares of TransUnion stock. The stock was sold at an average price of $85.00, for a total transaction of $1,997,075.00.
TransUnion Price Performance
TransUnion stock opened at $73.15 on Friday. The company’s 50 day simple moving average is $79.92 and its 200-day simple moving average is $74.25. The company has a market capitalization of $14.01 billion, a price-to-earnings ratio of 19.30, a price-to-earnings-growth ratio of 1.23 and a beta of 1.54. TransUnion has a 1 year low of $63.37 and a 1 year high of $94.23. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.90 and a current ratio of 1.90.
TransUnion Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Thursday, August 20th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.50 annualized dividend and a yield of 0.7%. TransUnion’s dividend payout ratio is presently 13.19%.
Analysts Set New Price Targets
Several equities analysts have weighed in on TRU shares. Wells Fargo & Company lifted their target price on TransUnion from $90.00 to $102.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. BNP Paribas Exane raised shares of TransUnion from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 28th. Robert W. Baird lifted their price objective on shares of TransUnion from $108.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and set a $106.00 target price on shares of TransUnion in a report on Wednesday, July 29th. Finally, Barclays raised their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $94.38.
View Our Latest Research Report on TRU
Hedge Funds Weigh In On TransUnion
A number of institutional investors and hedge funds have recently modified their holdings of the company. Financiere des Professionnels Fonds d investissement inc. boosted its position in shares of TransUnion by 18.6% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 292,452 shares of the business services provider’s stock valued at $25,078,000 after purchasing an additional 45,840 shares during the period. BNP Paribas Financial Markets increased its position in TransUnion by 280.6% during the fourth quarter. BNP Paribas Financial Markets now owns 269,550 shares of the business services provider’s stock worth $23,114,000 after buying an additional 198,726 shares during the period. Norges Bank acquired a new position in TransUnion during the fourth quarter worth approximately $89,069,000. Tredje AP fonden purchased a new stake in TransUnion in the fourth quarter valued at approximately $2,249,000. Finally, Diamond Hill Capital Management Inc. boosted its holdings in shares of TransUnion by 14.7% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 392,270 shares of the business services provider’s stock valued at $33,637,000 after acquiring an additional 50,327 shares during the period.
TransUnion Company Profile
TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. Its services use credit, identity, and other data to support lending, insurance, telecommunications, retail, employment, and other commercial activities.
The company provides credit reporting and risk-management solutions, including consumer credit information, scoring, decisioning tools, fraud detection, identity verification, and analytics. TransUnion also offers marketing and audience-insights products designed to help organizations understand and reach consumers, as well as consumer-facing services that provide access to credit information, monitoring, and identity-protection tools.
TransUnion traces its origins to 1968, when it was established as a holding company for a railroad-leasing business before developing into a consumer credit reporting organization.
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