TransUnion (NYSE:TRU) Director George M. Awad Sells 12,000 Shares of Stock

TransUnion (NYSE:TRU) Director George M. Awad sold 12,000 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

TransUnion Stock Down 1.6 %

TransUnion stock opened at $100.73 on Wednesday. The stock has a market cap of $19.63 billion, a P/E ratio of 87.59, a P/E/G ratio of 1.42 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a twelve month low of $56.85 and a twelve month high of $113.17. The company’s 50-day moving average price is $103.69 and its two-hundred day moving average price is $89.94.

TransUnion (NYSE:TRU) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm earned $0.80 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts expect that TransUnion will post 3.45 EPS for the current year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. TransUnion’s dividend payout ratio is presently 36.52%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TRU shares. 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. Morgan Stanley increased their price objective on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Barclays upped their target price on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Finally, Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Townsquare Capital LLC increased its holdings in shares of TransUnion by 1.0% during the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after purchasing an additional 100 shares during the period. Signaturefd LLC boosted its position in shares of TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after acquiring an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co boosted its position in shares of TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after acquiring an additional 123 shares in the last quarter. Huntington National Bank boosted its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Finally, Lindbrook Capital LLC boosted its position in shares of TransUnion by 4.0% during the 3rd quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock worth $446,000 after acquiring an additional 163 shares in the last quarter.

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.