TransUnion (NYSE:TRU) Sets New 1-Year High at $82.39

TransUnion (NYSE:TRU) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $82.39 and last traded at $82.36, with a volume of 68977 shares changing hands. The stock had previously closed at $81.56.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TRU shares. Royal Bank of Canada increased their price objective on TransUnion from $84.00 to $97.00 in a report on Wednesday, July 26th. Jefferies Financial Group raised their target price on TransUnion from $86.00 to $98.00 in a research note on Monday, July 10th. Barclays raised their target price on TransUnion from $67.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 25th. StockNews.com initiated coverage on TransUnion in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, Needham & Company LLC raised their target price on TransUnion from $84.00 to $92.00 and gave the stock a “buy” rating in a research note on Tuesday, July 25th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $84.53.

TransUnion Price Performance

The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.51 and a current ratio of 1.51. The stock’s 50 day simple moving average is $78.62 and its two-hundred day simple moving average is $70.80. The firm has a market capitalization of $15.70 billion, a PE ratio of 67.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.37.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 25th. The business services provider reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The business had revenue of $968.00 million for the quarter, compared to analyst estimates of $957.64 million. TransUnion had a net margin of 6.19% and a return on equity of 13.59%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the company posted $0.89 EPS. On average, sell-side analysts forecast that TransUnion will post 3.22 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.52%. The ex-dividend date is Tuesday, August 22nd. TransUnion’s payout ratio is presently 35.00%.

Insider Activity

In other news, insider Todd C. Skinner sold 18,470 shares of TransUnion stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $74.49, for a total transaction of $1,375,830.30. Following the sale, the insider now owns 18,561 shares of the company’s stock, valued at approximately $1,382,608.89. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other TransUnion news, insider Steven M. Chaouki sold 951 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $73.66, for a total value of $70,050.66. Following the sale, the insider now owns 62,372 shares of the company’s stock, valued at $4,594,321.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Todd C. Skinner sold 18,470 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $74.49, for a total value of $1,375,830.30. Following the completion of the sale, the insider now directly owns 18,561 shares in the company, valued at approximately $1,382,608.89. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,057 shares of company stock valued at $2,048,126. 0.28% of the stock is currently owned by company insiders.

Institutional Trading of TransUnion

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank raised its position in TransUnion by 0.7% in the fourth quarter. Amalgamated Bank now owns 20,943 shares of the business services provider’s stock valued at $1,189,000 after purchasing an additional 150 shares during the period. B. Metzler seel. Sohn & Co. AG raised its position in TransUnion by 2.0% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 7,595 shares of the business services provider’s stock valued at $595,000 after purchasing an additional 152 shares during the period. DnB Asset Management AS raised its position in TransUnion by 0.5% in the first quarter. DnB Asset Management AS now owns 35,397 shares of the business services provider’s stock valued at $2,200,000 after purchasing an additional 187 shares during the period. CVA Family Office LLC grew its stake in shares of TransUnion by 58.2% in the first quarter. CVA Family Office LLC now owns 530 shares of the business services provider’s stock worth $33,000 after acquiring an additional 195 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of TransUnion by 1.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 13,272 shares of the business services provider’s stock worth $1,372,000 after acquiring an additional 207 shares in the last quarter.

TransUnion Company Profile

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.