TransUnion (NYSE:TRU) Plans Quarterly Dividend of $0.11

TransUnion (NYSE:TRU) declared a quarterly dividend on Friday, November 8th,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.105 per share by the business services provider on Monday, December 9th. This represents a $0.42 annualized dividend and a yield of 0.39%. The ex-dividend date is Friday, November 22nd.

TransUnion has raised its dividend by an average of 11.9% per year over the last three years. TransUnion has a payout ratio of 9.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect TransUnion to earn $4.11 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 10.2%.

TransUnion Trading Up 0.2 %

Shares of NYSE:TRU opened at $106.62 on Friday. The company has a market cap of $20.78 billion, a P/E ratio of 92.71, a P/E/G ratio of 1.45 and a beta of 1.62. The stock’s 50-day moving average is $103.02 and its 200-day moving average is $87.97. TransUnion has a 52-week low of $51.40 and a 52-week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same period last year, the business posted $0.80 earnings per share. Equities research analysts predict that TransUnion will post 3.46 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TRU shares. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Stifel Nicolaus increased their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. Finally, Oppenheimer increased their target price on shares of TransUnion from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.

Insiders Place Their Bets

In other news, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the transaction, the executive vice president now owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the transaction, the executive vice president now owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,815 shares of company stock worth $961,407 over the last quarter. Company insiders own 0.22% of the company’s stock.

About TransUnion

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.