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

TransUnion (NYSE:TRU) Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. The trade was 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 the SEC website.

TransUnion Price Performance

TRU opened at $101.00 on Thursday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The business’s fifty day simple moving average is $103.71 and its 200-day simple moving average is $90.10. The company has a market capitalization of $19.68 billion, a price-to-earnings ratio of 87.59, a PEG ratio of 1.42 and a beta of 1.62. TransUnion has a 12-month low of $56.85 and a 12-month high of $113.17.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (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 in the prior year, the business earned $0.80 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. On average, equities research analysts anticipate that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders 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 dividend on an annualized basis and a yield of 0.42%. TransUnion’s dividend payout ratio is currently 36.52%.

Analyst Ratings Changes

A number of brokerages recently issued reports on TRU. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. Morgan Stanley upped their price target on shares of TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Robert W. Baird raised their price objective on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group upped their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $106.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Townsquare Capital LLC lifted its stake in shares of TransUnion by 1.0% during the 3rd 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 last quarter. Signaturefd LLC boosted its holdings in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after buying an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co grew its position in shares of TransUnion by 0.7% in 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 buying an additional 123 shares during the last quarter. Huntington National Bank raised its stake 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 lifted its position in TransUnion by 4.0% during the third quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock valued at $446,000 after acquiring an additional 163 shares during 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.