National Bank of Canada FI decreased its holdings in shares of Equifax Inc. (NYSE:EFX – Free Report) by 40.3% in the third quarter, according to its latest filing with the Securities and Exchange Commission (SEC). It now owns 20,169 shares of the credit services provider’s stock after selling 13,593 shares during the period. National Bank of Canada FI’s Equifax holdings were valued at $3,605,000 as of the latest SEC filing.
A number of other large investors have also recently changed their positions in the business. Penserra Capital Management LLC increased its holdings in shares of Equifax by 8.5% in the 4th quarter. Pensera Capital Management LLC bought an additional 50 shares during the period and he now owns 637 shares of the credit services provider’s stock valued at $123,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Equifax by 4.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the credit services provider’s stock valued at $231,000 after purchasing an additional 50 shares during the last quarter. BSW Wealth Partners increased its holdings in shares of Equifax by 3.5% in the 1st quarter. BSW Wealth Partners now owns 1,518 shares of the credit services provider’s stock valued at $308,000 after purchasing an additional 51 shares during the last quarter. Advisor OS LLC grew his holdings in shares of Equifax by 1.2% in the 2nd quarter. Advisor OS LLC now owns 4,360 shares of the credit services provider’s stock worth $1,026,000 after purchasing an additional 52 shares of his stock during the last quarter. Finally, United Capital Financial Advisers LLC grew its holdings in shares of Equifax by 4.0% in the 1st quarter. United Capital Financial Advisers LLC now owns 1,411 shares of the credit services provider’s stock valued at $334,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 98.37% of the company’s stock.
Insiders place bets
In related news, Director Melissa D. Smith acquired 914 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was purchased at an average cost of $166.27 per share for a total transaction of $151,970.78. Upon completion of the acquisition, the director will now directly own 1,586 shares of the company’s stock, valued at approximately $263,704.22. The transaction was disclosed in a document filed with the SEC, which is available below. SEC website. In related news, Director Melissa D. Smith acquired 914 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was purchased at an average cost of $166.27 per share for a total transaction of $151,970.78. Upon completion of the acquisition, the director will now directly own 1,586 shares of the company’s stock, valued at approximately $263,704.22. The transaction was disclosed in a document filed with the SEC, which is available below. SEC website. Also, CEO Mark W. Beggar sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $166.58, for a total value of $1,166,060.00. Following the completion of the sale, the CEO now owns 63,011 shares of the company’s stock, valued at $10,496,372.38.Click here for disclosure information regarding this sale here. Company insiders own 1.57% of the company’s stock.
Analyst sets new price target
A number of stock analysts have commented on the company recently. TheStreet downgraded Equifax from a “b-” rating to a “c+” rating in a report on Monday, October 23rd. Goldman Sachs Group increased their target price on Equifax from $173.00 to $195.00 and gave the stock a “neutral” rating in a report on Friday, December 1st. Bank of America lowered their target price on Equifax from $195.00 to $175.00 in a report on Tuesday, October 10th. Morgan Stanley lowered their target price on Equifax from $204.00 to $196.00 and set an “equal weight” rating on the company in a research report on Friday, October 20th. finally, stocknews.com undertook coverage of Equifax in an investigative report on Thursday, October 5th. They placed a “hold” rating on the company. Two equity research analysts have rated the company’s stock as a “sell,” three have rated it a “hold,” and 12 have rated it a “buy.” Based on MarketBeat data, Equifax has an average rating of “Moderate Buy” and a consensus price target of $233.31.
See the latest stock price analysis for EFX.
Equifax stock up 0.7%
EFX opened Friday at $243.88. Equifax Inc. has a 1-year low of $159.95 and a 1-year high of $252.60. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $30.05 billion, a price-to-earnings ratio of 57.79x, a P/E ratio of 3.04x, and a beta of 1.48x. His 50 day moving average for this company is $203.49 and his 200 day moving average is $205.64.
Equifax (NYSE:EFX – Get Free Report) last released its earnings results on Thursday, October 19th. The credit service provider reported $1.76 EPS for the quarter, which beat the consensus estimate of $1.78 by ($0.02). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Equifax had a return on equity of 19.15% and a net profit margin of 10.15%. The company’s revenue for the quarter increased 6.0% compared to the same period last year. The business’ earnings per share in the same period last year was $1.73. As a group, sell-side analysts expect Equifax to report earnings per share of $6.64 for the current fiscal year.
Equifax Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were paid a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 22nd. This equates to an annualized dividend of $1.56 and a yield of 0.64%. Equifax’s dividend payout ratio is currently 36.97%.
About Equifax
(Free report)
Equifax Inc operates as a data, analytics, and technology company. The company operates through its three segments: Workforce Solutions, US Information Solutions (USIS), and International. The Workforce Solutions segment provides services that allow customers to verify income, employment, educational background, criminal justice data, health care licenses, and sanctions for people in the United States. We provide services to employers and employer customers to help them comply with and automate payroll and human resources processes throughout the entire employment relationship cycle.
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Curious if other hedge funds own EFX? Visit HoldingsChannel.com Get the latest 13F filing and insider transactions for Equifax Inc. (NYSE:EFX – Free Report).
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