Jennifer A. Williams Sells 200 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) CAO Jennifer A. Williams sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $19,148.00. Following the completion of the sale, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at approximately $687,987.64. The trade was a 2.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

TransUnion Price Performance

Shares of TRU stock opened at $92.55 on Friday. 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 stock has a market cap of $18.06 billion, a price-to-earnings ratio of 63.39, a PEG ratio of 1.18 and a beta of 1.63. The business’s fifty day moving average is $94.68 and its 200 day moving average is $98.41. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17.

TransUnion (NYSE:TRU) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $1.03 billion. Research analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion declared that its Board of Directors has initiated a share buyback plan on Thursday, February 13th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be given a $0.115 dividend. This is a boost from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Thursday, February 27th. TransUnion’s payout ratio is currently 31.51%.

Institutional Investors Weigh In On TransUnion

Hedge funds have recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of TransUnion during the fourth quarter valued at $6,915,000. Forum Financial Management LP increased its stake in TransUnion by 20.9% during the 4th quarter. Forum Financial Management LP now owns 3,848 shares of the business services provider’s stock valued at $357,000 after purchasing an additional 665 shares in the last quarter. Toronto Dominion Bank raised its holdings in TransUnion by 1.0% in the fourth quarter. Toronto Dominion Bank now owns 26,157 shares of the business services provider’s stock worth $2,425,000 after buying an additional 270 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of TransUnion by 9.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 97,730 shares of the business services provider’s stock worth $9,061,000 after buying an additional 8,263 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of TransUnion by 8.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,281,932 shares of the business services provider’s stock worth $118,848,000 after buying an additional 101,896 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Oppenheimer lowered their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Morgan Stanley reduced their price target on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. 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. Finally, William Blair restated an “outperform” rating on shares of TransUnion in a report on Friday, February 14th. Five research 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, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $111.64.

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.