TransUnion (NYSE:TRU – Free Report) – Equities researchers at Redburn Atlantic lifted their FY2027 earnings per share (EPS) estimates for shares of TransUnion in a research note issued on Sunday, November 24th. Redburn Atlantic analyst S. Clinch now anticipates that the business services provider will post earnings per share of $6.35 for the year, up from their previous forecast of $6.23. The consensus estimate for TransUnion’s current full-year earnings is $3.45 per share.
TransUnion (NYSE:TRU – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share.
Read Our Latest Stock Analysis on TransUnion
TransUnion Stock Down 1.6 %
Shares of NYSE TRU opened at $100.73 on Wednesday. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 87.59, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. TransUnion has a 52 week low of $56.85 and a 52 week high of $113.17. The firm has a 50-day moving average price of $103.69 and a 200 day moving average price of $89.94. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.
TransUnion Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be paid a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s payout ratio is currently 36.52%.
Insider Buying and Selling at TransUnion
In related news, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the transaction, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. This trade represents a 13.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the sale, the executive vice president now directly owns 49,239 shares of the company’s stock, valued at approximately $4,709,710.35. This trade represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,078 shares of company stock worth $2,296,725 in the last 90 days. 0.28% of the stock is owned by company insiders.
Hedge Funds Weigh In On TransUnion
Hedge funds and other institutional investors have recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its position in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after purchasing an additional 2,840,800 shares during the period. FMR LLC increased its position in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the last quarter. Wellington Management Group LLP raised its stake in TransUnion by 16.8% during the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after buying an additional 635,581 shares in the last quarter. Victory Capital Management Inc. raised its stake in TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in TransUnion by 2.4% in the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock worth $330,251,000 after acquiring an additional 75,410 shares during 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.
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