TransUnion Declares Quarterly Dividend of $0.11 (NYSE:TRU)

TransUnion (NYSE:TRU - Get Free Report) announced a quarterly dividend on Friday, November 8th,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.105 per share by the business services provider on Monday, December 9th. This represents a $0.42 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd.

TransUnion has increased its dividend by an average of 11.9% per year over the last three years. TransUnion has a dividend payout ratio of 9.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect TransUnion to earn $4.14 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 10.1%.

TransUnion Stock Performance

NYSE TRU traded up $0.25 on Friday, hitting $106.62. 1,348,623 shares of the stock were exchanged, compared to its average volume of 1,592,828. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The business's fifty day moving average is $103.02 and its 200 day moving average is $87.97. TransUnion has a 52 week low of $51.40 and a 52 week high of $113.17. The company has a market capitalization of $20.78 billion, a PE ratio of 92.71, a P/E/G ratio of 1.42 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company's revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 earnings per share. Research analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares of the company's stock, valued at $686,837.88. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CAO Jennifer A. Williams sold 405 shares of the business's stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company's stock, valued at approximately $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the sale, the executive vice president now owns 49,239 shares in the company, valued at approximately $4,709,710.35. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,815 shares of company stock valued at $961,407. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TRU shares. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Thursday, October 24th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company increased their price objective on shares of TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Robert W. Baird raised their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, Barclays raised their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $104.53.

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.