TransUnion (TRU) to Release Quarterly Earnings on Thursday

TransUnion (NYSE:TRU) is set to release its earnings data before the market opens on Thursday, April 25th. Analysts expect TransUnion to post earnings of $0.71 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. The company had revenue of $954.00 million for the quarter, compared to analyst estimates of $927.04 million. During the same quarter in the prior year, the business posted $0.70 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. On average, analysts expect TransUnion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TransUnion Trading Down 0.2 %

TRU opened at $69.61 on Thursday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $82.75. The firm has a market capitalization of $13.52 billion, a PE ratio of -46.72, a P/E/G ratio of 1.11 and a beta of 1.61. The company’s 50-day moving average is $76.79 and its 200 day moving average is $67.91.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were issued a $0.105 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.60%. TransUnion’s dividend payout ratio is presently -28.19%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of TransUnion from $69.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. Truist Financial increased their price objective on shares of TransUnion from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, February 14th. Bank of America upgraded shares of TransUnion from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Stifel Nicolaus raised their price target on shares of TransUnion from $76.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Finally, Oppenheimer raised their price target on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 9th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $81.47.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock valued at $1,204,538 in the last three months. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On TransUnion

A number of large investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP purchased a new position in TransUnion in the 4th quarter worth $212,000. Public Employees Retirement System of Ohio boosted its stake in shares of TransUnion by 2.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 80,894 shares of the business services provider’s stock valued at $5,558,000 after purchasing an additional 2,210 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of TransUnion by 50.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,494 shares of the business services provider’s stock valued at $446,000 after purchasing an additional 2,166 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of TransUnion by 20.6% during the 4th quarter. Legal & General Group Plc now owns 1,317,302 shares of the business services provider’s stock valued at $90,512,000 after purchasing an additional 224,610 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of TransUnion by 55.8% during the 4th quarter. Barclays PLC now owns 379,935 shares of the business services provider’s stock valued at $26,105,000 after purchasing an additional 136,049 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 through U.S. Markets, International, and Consumer Interactive segments. 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.