TransUnion (NYSE:TRU) Insider Sells $83,310.00 in Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total value of $83,310.00. Following the sale, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

TransUnion Price Performance

Shares of TRU stock traded down $10.39 during trading hours on Thursday, reaching $75.35. The stock had a trading volume of 3,949,258 shares, compared to its average volume of 1,620,197. The stock’s fifty day simple moving average is $91.01 and its 200 day simple moving average is $96.84. The firm has a market capitalization of $14.70 billion, a PE ratio of 51.61, a PEG ratio of 1.18 and a beta of 1.70. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, February 13th. The business services provider reported $0.83 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 analysts’ expectations of $1.03 billion. On average, equities research analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.61%. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, February 27th. TransUnion’s payout ratio is presently 31.51%.

TransUnion declared that its Board of Directors has approved a share repurchase program on Thursday, February 13th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

TRU has been the topic of several recent research reports. Wells Fargo & Company cut their target price on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Morgan Stanley cut their price target on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Oppenheimer dropped their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. William Blair restated an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $114.08.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Versant Capital Management Inc increased its stake in TransUnion by 176.9% in the 1st quarter. Versant Capital Management Inc now owns 1,185 shares of the business services provider’s stock worth $98,000 after purchasing an additional 757 shares during the period. First Hawaiian Bank raised its holdings in TransUnion by 7.8% during the 1st quarter. First Hawaiian Bank now owns 5,810 shares of the business services provider’s stock valued at $482,000 after buying an additional 422 shares during the last quarter. 111 Capital purchased a new stake in TransUnion during the 4th quarter valued at $449,000. Wealth Enhancement Advisory Services LLC grew its holdings in TransUnion by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,208 shares of the business services provider’s stock worth $1,410,000 after acquiring an additional 1,742 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ bought a new position in shares of TransUnion during the fourth quarter valued at about $6,581,000.

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.