TransUnion (NYSE:TRU) CAO Sells $90,289.08 in Stock

Key Points

• TransUnion CAO Jennifer A. Williams sold 972 shares for a total of $90,289.08, resulting in a 12.03% decrease in her ownership of the stock.
• The company reported second-quarter earnings of $1.08 per share, exceeding analyst estimates by $0.09, with year-over-year revenue up 9.5% to $1.14 billion.
• TransUnion announced a quarterly dividend of $0.115 per share, representing an annualized yield of 0.5% and a payout ratio of 23%.

TransUnion (NYSE:TRU - Get Free Report) CAO Jennifer A. Williams sold 972 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the sale, the chief accounting officer owned 7,108 shares in the company, valued at $660,262.12. This represents a 12.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

TransUnion Trading Down 0.1%

TRU stock traded down $0.09 during midday trading on Wednesday, hitting $90.98. The stock had a trading volume of 1,497,356 shares, compared to its average volume of 2,237,955. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. The business has a fifty day moving average price of $90.12 and a two-hundred day moving average price of $87.93. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The firm has a market cap of $17.72 billion, a P/E ratio of 45.49, a price-to-earnings-growth ratio of 2.54 and a beta of 1.65.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.09. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The firm's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 earnings per share. On average, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's payout ratio is presently 23.00%.

Institutional Investors Weigh In On TransUnion

Hedge funds have recently added to or reduced their stakes in the company. Teacher Retirement System of Texas bought a new stake in shares of TransUnion during the 1st quarter worth $2,364,000. Bank of New York Mellon Corp grew its position in shares of TransUnion by 1.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider's stock valued at $96,919,000 after acquiring an additional 15,030 shares during the period. Amalgamated Bank increased its stake in shares of TransUnion by 3.7% during the 1st quarter. Amalgamated Bank now owns 10,488 shares of the business services provider's stock worth $870,000 after purchasing an additional 373 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new position in TransUnion in the first quarter valued at approximately $13,810,000. Finally, Envestnet Asset Management Inc. grew its holdings in TransUnion by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 494,349 shares of the business services provider's stock valued at $41,026,000 after purchasing an additional 23,979 shares during the period.

Analyst Ratings Changes

A number of research firms have recently issued reports on TRU. UBS Group reaffirmed a "neutral" rating and issued a $105.00 price objective (up from $98.00) on shares of TransUnion in a research report on Friday, July 25th. BMO Capital Markets boosted their target price on shares of TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Bank of America started coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. Stifel Nicolaus dropped their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. Finally, Wells Fargo & Company cut their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a research report on Friday, July 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $112.46.

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.

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