TransUnion (NYSE:TRU) EVP David M. Neenan sold 30,000 shares of the stock in a transaction dated Tuesday, June 5th. The stock was sold at an average price of $70.42, for a total value of $2,112,600.00. Following the completion of the sale, the executive vice president now owns 123,029 shares of the company’s stock, valued at $8,663,702.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of NYSE TRU opened at $71.46 on Friday. TransUnion has a 52 week low of $41.07 and a 52 week high of $72.70. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.21. The company has a market cap of $13.01 billion, a P/E ratio of 41.79, a P/E/G ratio of 3.19 and a beta of 0.73.
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TransUnion (NYSE:TRU) last issued its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.46 by $0.07. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The firm had revenue of $537.40 million during the quarter, compared to analysts’ expectations of $507.68 million. During the same period in the prior year, the firm posted $0.42 earnings per share. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. equities research analysts anticipate that TransUnion will post 2.22 EPS for the current year.
The business also recently declared a special dividend, which was paid on Thursday, June 7th. Investors of record on Wednesday, May 23rd were given a dividend of $0.075 per share. The ex-dividend date was Tuesday, May 22nd. TransUnion’s dividend payout ratio (DPR) is presently 17.54%.
A number of hedge funds and other institutional investors have recently modified their holdings of TRU. Bank of Montreal Can boosted its position in TransUnion by 175.2% during the fourth quarter. Bank of Montreal Can now owns 27,645 shares of the business services provider’s stock valued at $1,520,000 after purchasing an additional 17,601 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in TransUnion by 10.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 523,123 shares of the business services provider’s stock valued at $28,751,000 after purchasing an additional 47,685 shares during the last quarter. Strs Ohio acquired a new position in TransUnion during the fourth quarter valued at approximately $107,000. Sumitomo Mitsui Asset Management Company LTD acquired a new position in TransUnion during the fourth quarter valued at approximately $530,000. Finally, Robeco Institutional Asset Management B.V. acquired a new position in TransUnion during the fourth quarter valued at approximately $136,000. 98.59% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have issued reports on TRU shares. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Tuesday, April 24th. Stifel Nicolaus reiterated a “buy” rating and set a $62.00 price objective (up from $59.00) on shares of TransUnion in a report on Wednesday, February 14th. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. SunTrust Banks increased their price objective on TransUnion from $64.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, April 23rd. Finally, Morgan Stanley set a $57.00 price objective on TransUnion and gave the stock a “hold” rating in a report on Wednesday, February 14th. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $66.64.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.