Fintel reports that on June 5, 2023, Goldman Sachs maintained coverage of TransUnion (NYSE:TRU) with a Neutral recommendation.
Analyst Price Forecast Suggests 11.07% Upside
As of June 1, 2023, the average one-year price target for TransUnion is 81.24. The forecasts range from a low of 67.67 to a high of $94.50. The average price target represents an increase of 11.07% from its latest reported closing price of 73.14.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for TransUnion is 3,879MM, an increase of 4.03%. The projected annual non-GAAP EPS is 3.68.
TransUnion Declares $0.10 Dividend
On May 5, 2023 the company declared a regular quarterly dividend of $0.10 per share ($0.42 annualized). Shareholders of record as of May 19, 2023 received the payment on June 2, 2023. Previously, the company paid $0.10 per share.
At the current share price of $73.14 / share, the stock’s dividend yield is 0.57%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.43%, the lowest has been 0.28%, and the highest has been 0.78%. The standard deviation of yields is 0.12 (n=235).
The current dividend yield is 1.28 standard deviations above the historical average.
Additionally, the company’s dividend payout ratio is 0.30. 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 is the Fund Sentiment?
There are 867 funds or institutions reporting positions in TransUnion. This is an increase of 14 owner(s) or 1.64% in the last quarter. Average portfolio weight of all funds dedicated to TRU is 0.29%, an increase of 22.35%. Total shares owned by institutions increased in the last three months by 0.38% to 225,582K shares. The put/call ratio of TRU is 0.70, indicating a bullish outlook.
What are Other Shareholders Doing?
T. Rowe Price Investment Management holds 24,024K shares representing 12.43% ownership of the company. In it’s prior filing, the firm reported owning 23,101K shares, representing an increase of 3.84%. The firm increased its portfolio allocation in TRU by 6.40% over the last quarter.
Price T Rowe Associates holds 11,742K shares representing 6.08% ownership of the company. In it’s prior filing, the firm reported owning 12,668K shares, representing a decrease of 7.89%. The firm decreased its portfolio allocation in TRU by 5.55% over the last quarter.
PRWCX – T. Rowe Price Capital Appreciation Fund holds 10,151K shares representing 5.25% ownership of the company. No change in the last quarter.
Farallon Capital Management holds 8,612K shares representing 4.46% ownership of the company. In it’s prior filing, the firm reported owning 8,864K shares, representing a decrease of 2.93%. The firm decreased its portfolio allocation in TRU by 8.16% over the last quarter.
Wellington Management Group Llp holds 7,246K shares representing 3.75% ownership of the company. In it’s prior filing, the firm reported owning 7,305K shares, representing a decrease of 0.82%. The firm decreased its portfolio allocation in TRU by 84.85% over the last quarter.
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.
Key filings for this company:
This article originally appeared on Fintel
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