TransUnion (NYSE:TRU – Get Free Report) EVP Mohamed Abdelsadek sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $79.07, for a total transaction of $98,837.50. Following the completion of the transaction, the executive vice president owned 53,431 shares in the company, valued at approximately $4,224,789.17. This trade represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mohamed Abdelsadek also recently made the following trade(s):
- On Tuesday, July 28th, Mohamed Abdelsadek sold 23,495 shares of TransUnion stock. The shares were sold at an average price of $85.00, for a total transaction of $1,997,075.00.
TransUnion Price Performance
Shares of NYSE:TRU opened at $72.52 on Friday. The company’s fifty day moving average price is $79.87 and its 200-day moving average price is $74.23. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market capitalization of $13.90 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.20 and a beta of 1.54. TransUnion has a one year low of $63.37 and a one year high of $94.23.
TransUnion Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Thursday, August 20th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. TransUnion’s dividend payout ratio (DPR) is currently 13.19%.
Institutional Trading of TransUnion
Several institutional investors have recently bought and sold shares of TRU. BlackRock Inc. purchased a new stake in shares of TransUnion during the second quarter valued at approximately $1,367,560,000. Independent Franchise Partners LLP boosted its stake in TransUnion by 99.7% during the 4th quarter. Independent Franchise Partners LLP now owns 9,136,903 shares of the business services provider’s stock valued at $783,489,000 after purchasing an additional 4,561,619 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of TransUnion by 7.0% during the fourth quarter. Van ECK Associates Corp now owns 4,932,203 shares of the business services provider’s stock valued at $422,936,000 after purchasing an additional 323,149 shares in the last quarter. Geode Capital Management LLC increased its holdings in TransUnion by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 3,520,417 shares of the business services provider’s stock worth $301,012,000 after buying an additional 24,297 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in shares of TransUnion during the 2nd quarter valued at about $280,292,000.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $82.00 price objective on shares of TransUnion in a research note on Tuesday, July 28th. Needham & Company LLC boosted their price objective on TransUnion from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group lifted their target price on shares of TransUnion from $72.00 to $77.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Wells Fargo & Company increased their price target on shares of TransUnion from $90.00 to $102.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $106.00 price objective on shares of TransUnion in a research note on Wednesday, July 29th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $94.38.
Check Out Our Latest Analysis on TRU
TransUnion Company Profile
TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. Its services use credit, identity, and other data to support lending, insurance, telecommunications, retail, employment, and other commercial activities.
The company provides credit reporting and risk-management solutions, including consumer credit information, scoring, decisioning tools, fraud detection, identity verification, and analytics. TransUnion also offers marketing and audience-insights products designed to help organizations understand and reach consumers, as well as consumer-facing services that provide access to credit information, monitoring, and identity-protection tools.
TransUnion traces its origins to 1968, when it was established as a holding company for a railroad-leasing business before developing into a consumer credit reporting organization.
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