On February 1, 2023,
B of A Securities
upgraded
their outlook for TransUnion from Neutral to Buy.
Analyst Price Forecast Suggests 6.46% Upside
As of January 31, 2023,
the average one-year price target for TransUnion is $76.29.
The forecasts range from a low of $62.62 to a high of $105.00.
The average price target represents an increase of 6.46% from its latest reported closing price of $71.66.
The projected annual revenue for TransUnion
is $3,879MM, an increase of 7.82%.
The projected annual EPS
is $3.68, a decrease of 42.98%.
TransUnion Declares $0.10 Dividend
TransUnion said on August 11, 2022 that its board of directors declared a regular
quarterly dividend of $0.10 per share ($0.42 annualized).
Shareholders of record as of August 24, 2022
received the payment on September 9, 2022.
Previously, the company paid $0.10 per share.
At the current share price of $71.66 / share,
the stock’s dividend yield is 0.59%.
Looking back five years and taking a sample every week, the average dividend yield has been
0.41%,
the lowest has been 0.28%,
and the highest has been 0.78%.
The standard deviation of yields is 0.10 (n=222).
The current dividend yield is
1.73 standard deviations
above
the historical average.
Additionally, the company’s dividend payout ratio is 0.07.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100% of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is 0.40%,
demonstrating that it has increased its dividend over time.
What are large shareholders doing?
T. Rowe Price Investment Management
holds 21,858,535 shares
representing 11.34% ownership of the company.
Price T Rowe Associates
holds 11,263,647 shares
representing 5.85% ownership of the company.
In it’s prior filing, the firm reported owning 30,760,159 shares, representing
a decrease
of 173.09%.
The firm
decreased
its portfolio allocation in TRU by 64.69% over the last quarter.
PRWCX – T. Rowe Price Capital Appreciation Fund
holds 9,410,385 shares
representing 4.88% ownership of the company.
In it’s prior filing, the firm reported owning 7,517,894 shares, representing
an increase
of 20.11%.
The firm
decreased
its portfolio allocation in TRU by 4.39% over the last quarter.
Farallon Capital Management
holds 7,907,895 shares
representing 4.10% ownership of the company.
In it’s prior filing, the firm reported owning 7,462,996 shares, representing
an increase
of 5.63%.
The firm
decreased
its portfolio allocation in TRU by 23.87% over the last quarter.
Wellington Management Group Llp
holds 7,488,795 shares
representing 3.89% ownership of the company.
In it’s prior filing, the firm reported owning 7,725,073 shares, representing
a decrease
of 3.16%.
The firm
decreased
its portfolio allocation in TRU by 23.75% over the last quarter.
Fund Sentiment
There are 889 funds or institutions reporting positions in TransUnion.
This is a decrease
of
27
owner(s) or 2.95%.
Average portfolio weight of all funds dedicated to US:TRU is 0.2823%,
a decrease
of 18.7872%.
Total shares owned by institutions decreased
in the last three months by 3.24% to 221,333K shares.
TransUnion Background Information
(This description is provided by the company.)
TransUnion is a global information and insights company that makes trust possible in the modern economy. The company does this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.