Todd Skinner Sells 500 Shares of TransUnion (NYSE:TRU) Stock

TransUnion (NYSE:TRU) insider Todd 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 sale, the insider directly owned 31,725 shares of the company’s stock, valued at $2,499,612.75. This represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

TransUnion Stock Up 2.9%

Shares of NYSE:TRU opened at $69.51 on Thursday. The business’s 50 day moving average is $83.83 and its 200 day moving average is $85.30. TransUnion has a 12-month low of $65.24 and a 12-month high of $101.19. The stock has a market cap of $13.50 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 1.27 and a beta of 1.70. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Friday, November 21st were paid a $0.115 dividend. The ex-dividend date was Friday, November 21st. This represents a $0.46 annualized dividend and a dividend yield of 0.7%. TransUnion’s dividend payout ratio is presently 21.50%.

Wall Street Analyst Weigh In

TRU has been the topic of several analyst reports. Robert W. Baird set a $125.00 price target on shares of TransUnion in a report on Friday, October 24th. Wells Fargo & Company cut their target price on TransUnion from $118.00 to $100.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $115.00 target price on shares of TransUnion in a report on Monday, October 20th. BMO Capital Markets upgraded TransUnion to a “strong-buy” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. cut their price objective on TransUnion from $118.00 to $107.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and an average price target of $101.08.

Hedge Funds Weigh In On TransUnion

Institutional investors and hedge funds have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in shares of TransUnion by 4.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 22,720,864 shares of the business services provider’s stock valued at $1,999,436,000 after buying an additional 1,046,391 shares during the period. Vanguard Group Inc. increased its holdings in TransUnion by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 19,056,903 shares of the business services provider’s stock worth $1,596,587,000 after acquiring an additional 517,098 shares during the last quarter. State Street Corp raised its stake in TransUnion by 62.2% in the 3rd quarter. State Street Corp now owns 6,781,771 shares of the business services provider’s stock valued at $568,177,000 after acquiring an additional 2,600,425 shares during the period. William Blair Investment Management LLC raised its stake in TransUnion by 41.7% in the 2nd quarter. William Blair Investment Management LLC now owns 4,739,103 shares of the business services provider’s stock valued at $417,041,000 after acquiring an additional 1,394,813 shares during the period. Finally, Independent Franchise Partners LLP lifted its holdings in TransUnion by 119.5% during the second quarter. Independent Franchise Partners LLP now owns 4,646,903 shares of the business services provider’s stock valued at $408,927,000 after purchasing an additional 2,530,335 shares during the last quarter.

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.