TransUnion (NYSE:TRU) CFO Sells $1,029,200.00 in Stock

TransUnion (NYSE:TRU) CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

TransUnion Stock Down 3.3 %

TRU stock opened at $79.28 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26. The firm has a market cap of $15.40 billion, a PE ratio of -55.44, a PEG ratio of 1.58 and a beta of 1.61. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.91. The company has a fifty day simple moving average of $75.35 and a 200 day simple moving average of $74.23.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. Sell-side analysts anticipate that TransUnion will post 3.43 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Friday, May 17th were paid a $0.105 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.42 dividend on an annualized basis and a yield of 0.53%. TransUnion’s payout ratio is presently -29.37%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in shares of TransUnion in the fourth quarter worth about $30,000. Larson Financial Group LLC increased its position in TransUnion by 237.5% in the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the period. Westpac Banking Corp lifted its holdings in shares of TransUnion by 100.0% during the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after buying an additional 454 shares during the last quarter. Assetmark Inc. boosted its position in shares of TransUnion by 48.6% in the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after acquiring an additional 337 shares during the period. Finally, Headlands Technologies LLC grew its stake in shares of TransUnion by 206.7% in the fourth quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock worth $78,000 after acquiring an additional 769 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on TRU shares. Wolfe Research began coverage on TransUnion in a research report on Tuesday, July 9th. They set a “peer perform” rating on the stock. Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective for the company in a research note on Thursday, June 20th. Oppenheimer lifted their target price on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. Stifel Nicolaus upped their price target on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Morgan Stanley lifted their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.73.

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.