Todd C. Skinner Sells 3,090 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

TransUnion Trading Up 1.0 %

NYSE TRU opened at $100.03 on Wednesday. The stock has a market capitalization of $19.50 billion, a P/E ratio of 86.98, a P/E/G ratio of 1.38 and a beta of 1.60. The business has a 50 day simple moving average of $103.30 and a 200 day simple moving average of $90.87. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a one year low of $58.59 and a one year high of $113.17.

TransUnion (NYSE:TRU) last posted its quarterly earnings results 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 firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share. Research analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

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

Wall Street Analysts Forecast Growth

TRU has been the topic of several analyst reports. Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Oppenheimer decreased their target price on shares of TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Barclays upped 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. Robert W. Baird lifted their price objective 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, Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

Institutional Trading of TransUnion

Hedge funds and other institutional investors have recently bought and sold shares of the business. Townsquare Capital LLC grew 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 valued at $1,069,000 after buying an additional 100 shares during the last quarter. Signaturefd LLC boosted its stake in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co increased its holdings in 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 purchasing an additional 123 shares in the last quarter. Huntington National Bank raised its stake in shares of TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its holdings in shares of TransUnion by 4.0% in the third quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock valued at $446,000 after purchasing 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.