TransUnion (NYSE:TRU) Director Thomas L. Monahan Acquires 1,800 Shares

TransUnion (NYSE:TRU) Director Thomas L. Monahan purchased 1,800 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average cost of $57.46 per share, with a total value of $103,428.00. Following the acquisition, the director now owns 19,071 shares of the company’s stock, valued at $1,095,819.66. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

TransUnion Stock Up 2.8 %

NYSE:TRU traded up $1.62 during trading hours on Monday, reaching $59.92. 2,618,754 shares of the stock were exchanged, compared to its average volume of 1,736,206. TransUnion has a twelve month low of $42.09 and a twelve month high of $82.75. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a 50 day moving average of $63.78 and a 200 day moving average of $71.68. The stock has a market cap of $11.61 billion, a PE ratio of -46.88, a PEG ratio of 1.22 and a beta of 1.44.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, October 24th. The business services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). TransUnion had a positive return on equity of 13.49% and a negative net margin of 6.53%. The business had revenue of $968.70 million for the quarter, compared to analyst estimates of $982.95 million. During the same quarter in the prior year, the company earned $0.85 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis. On average, equities analysts expect that TransUnion will post 3.22 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Thursday, November 16th. TransUnion’s dividend payout ratio is currently -32.81%.

Institutional Investors Weigh In On TransUnion

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in TransUnion during the 3rd quarter worth approximately $27,000. First Horizon Advisors Inc. boosted its stake in TransUnion by 166.3% in the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 296 shares during the period. Fifth Third Bancorp boosted its stake in TransUnion by 1,629.2% in the 2nd quarter. Fifth Third Bancorp now owns 415 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 391 shares during the period. Column Capital Advisors LLC bought a new stake in TransUnion in the 1st quarter valued at $34,000. Finally, Clearstead Advisors LLC boosted its stake in TransUnion by 563.8% in the 1st quarter. Clearstead Advisors LLC now owns 770 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 654 shares during the period.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Stifel Nicolaus increased their price objective on shares of TransUnion from $59.00 to $64.00 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company increased their target price on TransUnion from $88.00 to $94.00 in a research note on Wednesday, July 26th. Morgan Stanley cut their target price on TransUnion from $93.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 25th. Royal Bank of Canada cut their target price on TransUnion from $97.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 25th. Finally, StockNews.com initiated coverage on TransUnion in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $72.93.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.