TransUnion (NYSE:TRU) Shares Gap Down to $69.63

TransUnion (NYSE:TRU) shares gapped down prior to trading on Thursday . The stock had previously closed at $69.63, but opened at $67.88. TransUnion shares last traded at $67.99, with a volume of 235,926 shares.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TRU shares. Robert W. Baird upped their price objective on shares of TransUnion from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. upped their target price on TransUnion from $69.00 to $84.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. Stifel Nicolaus raised their price objective on shares of TransUnion from $76.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, February 14th. Wells Fargo & Company boosted their target price on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. Finally, Jefferies Financial Group boosted their price target on TransUnion from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $81.47.

TransUnion Stock Performance

The firm’s 50-day simple moving average is $76.70 and its 200 day simple moving average is $67.88. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, beating the consensus estimate of $0.72 by $0.08. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company had revenue of $954.00 million during the quarter, compared to analysts’ expectations of $927.04 million. During the same period in the prior year, the business posted $0.70 EPS. The business’s revenue was up 5.8% on a year-over-year basis. Analysts forecast that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.63%. The ex-dividend date was Wednesday, March 6th. TransUnion’s payout ratio is currently -28.19%.

Insider Transactions at TransUnion

In other news, EVP Timothy J. Martin sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the sale, the executive vice president now directly owns 54,522 shares in the company, valued at approximately $4,284,883.98. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction dated 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 sale, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,275 shares of company stock worth $1,204,538. 0.22% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TRU. Headlands Technologies LLC acquired a new position in TransUnion in the third quarter valued at $27,000. First Horizon Advisors Inc. increased its holdings in TransUnion by 166.3% in the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider’s stock worth $29,000 after acquiring an additional 296 shares during the last quarter. GAMMA Investing LLC bought a new position in TransUnion in the 4th quarter worth about $30,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of TransUnion by 36.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 227 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of TransUnion in the 1st quarter worth about $49,000.

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.