Insider Selling: TransUnion (NYSE:TRU) Insider Sells 1,000 Shares of Stock

TransUnion (NYSE:TRU - Get Free Report) insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, the insider now owns 77,393 shares of the company's stock, valued at $6,447,610.83. This represents a 1.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

TransUnion Trading Down 2.0 %

Shares of TransUnion stock traded down $1.44 during mid-day trading on Tuesday, hitting $69.20. The stock had a trading volume of 3,242,814 shares, compared to its average volume of 1,651,376. The firm has a market cap of $13.50 billion, a P/E ratio of 47.40, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a 50-day moving average of $88.43 and a two-hundred day moving average of $95.74. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. Sell-side analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

Remove Ads

TransUnion declared that its board has approved a share repurchase program on Thursday, February 13th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

TransUnion Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.66%. The ex-dividend date was Thursday, February 27th. This is an increase from TransUnion's previous quarterly dividend of $0.11. TransUnion's dividend payout ratio (DPR) is 31.51%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in shares of TransUnion by 1.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock valued at $1,811,566,000 after buying an additional 359,569 shares during the period. Vanguard Group Inc. lifted its position in shares of TransUnion by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after purchasing an additional 241,019 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of TransUnion by 52.5% during the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock worth $625,779,000 after purchasing an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider's stock valued at $476,493,000 after purchasing an additional 356,306 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of TransUnion by 11.1% in the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock valued at $467,709,000 after purchasing an additional 503,969 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TRU. Oppenheimer decreased their price target on TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. UBS Group boosted their price objective on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Morgan Stanley decreased their price objective on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Jefferies Financial Group decreased their target price on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their price target on TransUnion from $135.00 to $126.00 and set an "overweight" rating for the company in a research report on Friday, January 10th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.54.

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.