TransUnion (NYSE:TRU) EVP Heather Russell Sells 10,000 Shares of Company Stock

Key Points

• EVP Heather Russell sold 10,000 TransUnion shares for $797,100, reducing her stake by 24.75% to 30,399 shares. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
• TransUnion reported quarterly EPS of $1.25, beating the $1.21 consensus estimate, while revenue rose 12.2% year over year to $1.31 billion.
• The company raised its quarterly dividend from $0.125 to $0.135 per share, equivalent to an annualized dividend of $0.54.

TransUnion (NYSE:TRU - Get Free Report) EVP Heather Russell sold 10,000 shares of TransUnion stock in a transaction on Friday, November 6th. The stock was sold at an average price of $79.71, for a total value of $797,100.00. Following the transaction, the executive vice president owned 30,399 shares in the company, valued at approximately $2,423,104.29. This represents a 24.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TransUnion Trading Down 1.3%

Shares of TRU traded down $1.06 during mid-day trading on Tuesday, reaching $82.05. The stock had a trading volume of 1,589,740 shares, compared to its average volume of 2,598,064. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.03 and a quick ratio of 2.03. TransUnion has a 52-week low of $60.96 and a 52-week high of $89.12. The business's fifty day moving average is $74.06 and its 200 day moving average is $74.16. The firm has a market cap of $15.65 billion, a price-to-earnings ratio of 19.96, a P/E/G ratio of 1.56 and a beta of 1.56.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.04. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The firm had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the business earned $1.10 earnings per share. TransUnion's revenue was up 12.2% compared to the same quarter last year. On average, sell-side analysts predict that TransUnion will post 4.27 EPS for the current fiscal year.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be paid a $0.1350 dividend. This is a positive change from TransUnion's previous quarterly dividend of $0.1250. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion's dividend payout ratio is currently 12.17%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TRU. Wells Fargo & Company cut their price target on shares of TransUnion from $102.00 to $96.00 and set an "overweight" rating for the company in a report on Wednesday, October 28th. Morgan Stanley decreased their price objective on TransUnion from $106.00 to $97.00 and set an "overweight" rating on the stock in a report on Tuesday, October 13th. UBS Group increased their price objective on TransUnion from $75.00 to $83.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 21st. BMO Capital Markets increased their price objective on TransUnion from $85.00 to $98.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird set a $99.00 target price on TransUnion in a research note on Wednesday, October 28th. Ten analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $90.72.

Institutional Investors Weigh In On TransUnion

Several institutional investors and hedge funds have recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in TransUnion during the 3rd quarter valued at about $37,000. Essential Partners LLC grew its position in TransUnion by 63.7% in the 1st quarter. Essential Partners LLC now owns 609 shares of the business services provider's stock valued at $42,000 after acquiring an additional 237 shares in the last quarter. CX Institutional increased its stake in TransUnion by 263.0% during the second quarter. CX Institutional now owns 668 shares of the business services provider's stock worth $48,000 after purchasing an additional 484 shares during the period. Global Retirement Partners LLC purchased a new stake in TransUnion during the second quarter worth about $53,000. Finally, Signaturefd LLC increased its stake in TransUnion by 42.6% during the third quarter. Signaturefd LLC now owns 887 shares of the business services provider's stock worth $54,000 after purchasing an additional 265 shares during the period.

About TransUnion

TransUnion is a global information and insights company that helps businesses assess risk, prevent fraud and make informed decisions. Its services include credit reporting and scoring, identity verification, fraud detection, and data and analytics solutions for industries such as financial services, retail, insurance and telecommunications. The company also provides consumers with access to credit information and tools to monitor and manage their financial identities. Its offerings include credit reports, credit monitoring and identity-protection services.

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