Steven M. Chaouki Sells 1,000 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the completion of the sale, the insider now directly owns 70,547 shares in the company, valued at approximately $5,239,525.69. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

TransUnion Trading Up 2.3 %

Shares of NYSE:TRU opened at $75.59 on Thursday. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a 50 day moving average of $74.90 and a 200-day moving average of $73.54. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. On average, sell-side analysts anticipate that TransUnion will post 3.42 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Friday, May 17th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Thursday, May 16th. TransUnion’s dividend payout ratio is currently -29.37%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC acquired a new position in TransUnion during the fourth quarter valued at approximately $30,000. Larson Financial Group LLC grew its holdings in TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 342 shares during the period. Westpac Banking Corp grew its holdings in TransUnion by 100.0% during the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 454 shares during the period. Assetmark Inc. lifted its stake in TransUnion by 48.6% in the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after buying an additional 337 shares in the last quarter. Finally, Headlands Technologies LLC lifted its stake in TransUnion by 206.7% in the fourth quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock valued at $78,000 after buying an additional 769 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Thursday, June 20th. Oppenheimer raised their price objective on shares of TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, April 9th. Evercore ISI raised their price objective on shares of TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research report on Tuesday, March 26th. Morgan Stanley raised their price objective on shares of TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Stifel Nicolaus raised their price objective on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.73.

About TransUnion

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.