TransUnion (NYSE:TRU – Get Free Report) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Thursday, February 26th will be paid a dividend of 0.125 per share by the business services provider on Friday, March 13th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, February 26th. This is a 8.7% increase from TransUnion’s previous quarterly dividend of $0.12.
TransUnion has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. TransUnion has a dividend payout ratio of 10.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect TransUnion to earn $4.81 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.4%.
TransUnion Price Performance
TRU opened at $71.26 on Tuesday. TransUnion has a 12-month low of $65.24 and a 12-month high of $99.39. The company has a quick ratio of 2.01, a current ratio of 1.75 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $13.84 billion, a P/E ratio of 30.72, a PEG ratio of 1.37 and a beta of 1.70. The stock has a fifty day moving average of $81.18 and a 200-day moving average of $83.32.
Insider Activity at TransUnion
In related news, insider Todd C. Skinner sold 500 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $78.79, for a total value of $39,395.00. Following the completion of the sale, the insider directly owned 31,725 shares in the company, valued at approximately $2,499,612.75. The trade was a 1.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $85.71, for a total value of $85,710.00. Following the transaction, the insider owned 61,592 shares in the company, valued at approximately $5,279,050.32. This trade represents a 1.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 7,818 shares of company stock valued at $663,883. Corporate insiders own 0.22% of the company’s stock.
Institutional Investors Weigh In On TransUnion
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC bought a new stake in TransUnion during the 4th quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of TransUnion during the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. boosted its position in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 290 shares during the period. True Wealth Design LLC grew its stake in shares of TransUnion by 200.8% in the fourth quarter. True Wealth Design LLC now owns 367 shares of the business services provider’s stock worth $31,000 after acquiring an additional 245 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its position in TransUnion by 130.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock worth $32,000 after acquiring an additional 220 shares during the period.
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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