TransUnion (NYSE:TRU – Get Free Report) EVP Mohamed Abdelsadek sold 1,250 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $79.07, for a total transaction of $98,837.50. Following the sale, the executive vice president directly owned 53,431 shares of the company’s stock, valued at $4,224,789.17. This trade represents a 2.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mohamed Abdelsadek also recently made the following trade(s):
- On Tuesday, July 28th, Mohamed Abdelsadek sold 23,495 shares of TransUnion stock. The shares were sold at an average price of $85.00, for a total value of $1,997,075.00.
TransUnion Stock Down 3.1%
TRU traded down $2.36 during trading on Wednesday, hitting $74.66. 2,063,676 shares of the company’s stock traded hands, compared to its average volume of 2,441,458. The stock has a market capitalization of $14.30 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.30 and a beta of 1.54. The company’s 50 day simple moving average is $80.03 and its two-hundred day simple moving average is $74.31. TransUnion has a 12-month low of $63.37 and a 12-month high of $95.50. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07.
TransUnion Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Thursday, August 20th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. TransUnion’s dividend payout ratio (DPR) is presently 13.19%.
Institutional Trading of TransUnion
Large investors have recently added to or reduced their stakes in the business. Essential Partners LLC lifted its stake in TransUnion by 63.7% in the 1st quarter. Essential Partners LLC now owns 609 shares of the business services provider’s stock worth $42,000 after purchasing an additional 237 shares in the last quarter. CX Institutional grew its position in shares of TransUnion by 263.0% during the second quarter. CX Institutional now owns 668 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 484 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of TransUnion by 26.1% during the fourth quarter. Global Retirement Partners LLC now owns 690 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 143 shares in the last quarter. State of Wyoming bought a new stake in shares of TransUnion in the second quarter worth about $70,000. Finally, Clearstead Advisors LLC lifted its position in shares of TransUnion by 102.6% in the fourth quarter. Clearstead Advisors LLC now owns 1,015 shares of the business services provider’s stock worth $87,000 after buying an additional 514 shares in the last quarter.
Analysts Set New Price Targets
TRU has been the topic of a number of research analyst reports. Bank of America lowered their price objective on shares of TransUnion from $83.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Stifel Nicolaus boosted their target price on shares of TransUnion from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Griffin Securities set a $98.00 price target on TransUnion in a report on Wednesday, July 29th. Weiss Ratings upgraded TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Finally, BMO Capital Markets lifted their price objective on TransUnion from $85.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.38.
Read Our Latest Analysis on TransUnion
About TransUnion
TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. Its services use credit, identity, and other data to support lending, insurance, telecommunications, retail, employment, and other commercial activities.
The company provides credit reporting and risk-management solutions, including consumer credit information, scoring, decisioning tools, fraud detection, identity verification, and analytics. TransUnion also offers marketing and audience-insights products designed to help organizations understand and reach consumers, as well as consumer-facing services that provide access to credit information, monitoring, and identity-protection tools.
TransUnion traces its origins to 1968, when it was established as a holding company for a railroad-leasing business before developing into a consumer credit reporting organization.
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