TransUnion (TRU) to Release Earnings on Thursday

TransUnion (NYSE:TRU) will be releasing 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. Investors that are interested in registering for the company’s conference call can do so using this link.

TransUnion (NYSE:TRU) last released its quarterly 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. The business had revenue of $954.00 million during the quarter, compared to analysts’ expectations of $927.04 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.70 EPS. On average, analysts expect TransUnion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TransUnion Stock Performance

NYSE TRU opened at $69.61 on Thursday. The stock has a fifty day simple moving average of $76.79 and a 200-day simple moving average of $67.91. TransUnion has a twelve month low of $42.09 and a twelve month high of $82.75. The stock has a market cap 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 has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28.

TransUnion Announces Dividend

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

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares in the company, valued at approximately $6,105,548.70. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,775 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now directly owns 75,099 shares in the company, valued at approximately $6,105,548.70. The disclosure for this sale can be found here. Insiders have sold a total of 15,275 shares of company stock worth $1,204,538 in the last three months. 0.28% of the stock is currently owned by company insiders.

Institutional Trading of TransUnion

Several hedge funds have recently added to or reduced their stakes in TRU. Raymond James Financial Services Advisors Inc. raised its stake in TransUnion by 1.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 13,272 shares of the business services provider’s stock valued at $1,372,000 after acquiring an additional 207 shares in the last quarter. American Century Companies Inc. increased its position in shares of TransUnion by 52.4% during the 1st quarter. American Century Companies Inc. now owns 8,374 shares of the business services provider’s stock valued at $865,000 after purchasing an additional 2,880 shares during the period. Roundview Capital LLC increased its position in shares of TransUnion by 1.3% during the 1st quarter. Roundview Capital LLC now owns 20,949 shares of the business services provider’s stock valued at $2,165,000 after purchasing an additional 272 shares during the period. HighTower Advisors LLC increased its position in shares of TransUnion by 50.9% during the 1st quarter. HighTower Advisors LLC now owns 6,551 shares of the business services provider’s stock valued at $673,000 after purchasing an additional 2,211 shares during the period. Finally, MetLife Investment Management LLC acquired a new position in shares of TransUnion during the 1st quarter valued at $1,000,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TRU shares. Bank of America raised TransUnion from an “underperform” rating to a “neutral” rating and increased their price target for the company from $65.00 to $90.00 in a research report on Monday, April 1st. Oppenheimer boosted their target price on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Jefferies Financial Group upped their price objective on TransUnion from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Royal Bank of Canada reissued an “outperform” rating and issued a $85.00 target price on shares of TransUnion in a report on Wednesday, February 14th. Finally, Evercore ISI upped their price objective on TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research report on Tuesday, March 26th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and a consensus target price of $81.47.

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.