TransUnion (NYSE:TRU) EVP Heather J. Russell Sells 3,173 Shares of Stock

TransUnion (NYSE:TRU) EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

TransUnion Price Performance

TRU opened at $96.81 on Friday. TransUnion has a 52-week low of $42.09 and a 52-week high of $99.00. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The company’s 50-day simple moving average is $84.19 and its two-hundred day simple moving average is $78.68. The stock has a market capitalization of $18.80 billion, a P/E ratio of -67.70, a P/E/G ratio of 1.43 and a beta of 1.61.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm earned $0.76 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. As a group, analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 9th. Stockholders of record on Friday, August 23rd will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Friday, August 23rd. TransUnion’s payout ratio is currently -29.37%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TRU. Wolfe Research initiated coverage on TransUnion in a report on Tuesday, July 9th. They set a “peer perform” rating on the stock. Royal Bank of Canada upped their target price on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Wells Fargo & Company upgraded shares of TransUnion to a “strong-buy” rating in a research note on Tuesday, August 13th. Barclays increased their price objective on shares of TransUnion from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group increased their target price on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Seven analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.47.

Institutional Investors Weigh In On TransUnion

Several large investors have recently made changes to their positions in TRU. Vanguard Group Inc. raised its position in shares of TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock valued at $1,230,645,000 after buying an additional 234,123 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after acquiring an additional 3,977,595 shares in the last quarter. Capital International Investors purchased a new stake in TransUnion during the fourth quarter worth $663,001,000. Price T Rowe Associates Inc. MD boosted its position 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. Finally, Van ECK Associates Corp boosted its holdings in TransUnion by 12.1% in the first quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after acquiring an additional 572,121 shares in the last quarter.

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.