TransUnion (NYSE:TRU) Posts Earnings Results, Beats Estimates By $0.12 EPS

TransUnion (NYSE:TRU) announced its quarterly earnings data on Thursday. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12, reports. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%.

TransUnion Price Performance

TransUnion stock opened at $74.47 on Friday. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. The firm’s 50-day simple moving average is $76.33 and its 200 day simple moving average is $67.88. The firm has a market capitalization of $14.46 billion, a PE ratio of -52.08, a P/E/G ratio of 1.14 and a beta of 1.61.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.56%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TRU. Oppenheimer lifted their price target on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 9th. Needham & Company LLC lifted their price target on shares of TransUnion from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on shares of TransUnion from $69.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 14th. Robert W. Baird lifted their price target on shares of TransUnion from $87.00 to $94.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Bank of America upgraded shares of TransUnion from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $65.00 to $90.00 in a research report on Monday, April 1st. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.60.

Insider Buying and Selling

In related news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the sale, the executive vice president now directly owns 54,522 shares in the company, valued at approximately $4,284,883.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy J. Martin sold 12,000 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The disclosure for this sale can be found here. Insiders have sold 15,275 shares of company stock worth $1,204,538 in the last three months. Corporate insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares in the last quarter. Xponance Inc. lifted its holdings in shares of TransUnion by 1.9% during the 4th quarter. Xponance Inc. now owns 8,215 shares of the business services provider’s stock worth $564,000 after acquiring an additional 157 shares during the period. Concord Wealth Partners lifted its holdings in shares of TransUnion by 7.4% during the 4th quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider’s stock worth $159,000 after acquiring an additional 159 shares during the period. Logan Capital Management Inc. lifted its holdings in shares of TransUnion by 1.7% during the 4th quarter. Logan Capital Management Inc. now owns 9,887 shares of the business services provider’s stock worth $679,000 after acquiring an additional 170 shares during the period. Finally, Yousif Capital Management LLC lifted its holdings in shares of TransUnion by 5.2% during the 1st quarter. Yousif Capital Management LLC now owns 3,521 shares of the business services provider’s stock worth $281,000 after acquiring an additional 174 shares during the period.

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.