Wellington Management Group LLP Has $37.96 Million Position in Equifax Inc. (NYSE:EFX)

Wellington Management Group LLP cut its position in Equifax Inc. (NYSE:EFX) by 8.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 153,494 shares of the credit services provider’s stock after selling 13,261 shares during the quarter. Wellington Management Group LLP owned 0.12% of Equifax worth $37,958,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in shares of Equifax in the 4th quarter valued at approximately $25,000. KB Financial Partners LLC acquired a new position in shares of Equifax in the 3rd quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Equifax in the 4th quarter valued at approximately $41,000. ORG Partners LLC acquired a new position in shares of Equifax in the 4th quarter valued at approximately $49,000. Finally, Pineridge Advisors LLC acquired a new position in shares of Equifax in the 4th quarter valued at approximately $55,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EFX shares. Needham & Company LLC reaffirmed a “buy” rating and set a $305.00 price target on shares of Equifax in a report on Thursday, April 18th. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $290.00 to $273.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. Oppenheimer decreased their price target on shares of Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, April 19th. Bank of America decreased their price target on shares of Equifax from $300.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, April 19th. Finally, The Goldman Sachs Group decreased their price target on shares of Equifax from $276.00 to $241.00 and set a “neutral” rating on the stock in a report on Friday, April 19th. Four research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $270.19.

Equifax Stock Performance

EFX opened at $239.74 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.04. The company’s fifty day moving average price is $235.35 and its two-hundred day moving average price is $246.24. Equifax Inc. has a 1-year low of $159.95 and a 1-year high of $275.10. The company has a market cap of $29.63 billion, a price-to-earnings ratio of 53.39, a PEG ratio of 1.67 and a beta of 1.57.

Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.06. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the company posted $1.43 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. On average, analysts expect that Equifax Inc. will post 7.37 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Friday, May 24th were paid a $0.39 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.56 annualized dividend and a dividend yield of 0.65%. Equifax’s payout ratio is 34.74%.

Insider Transactions at Equifax

In other news, CFO John W. Gamble, Jr. sold 3,650 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $229.24, for a total value of $836,726.00. Following the completion of the sale, the chief financial officer now owns 62,219 shares in the company, valued at approximately $14,263,083.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, EVP Carla Chaney sold 5,178 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $238.63, for a total transaction of $1,235,626.14. Following the completion of the transaction, the executive vice president now owns 16,884 shares in the company, valued at $4,029,028.92. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO John W. Gamble, Jr. sold 3,650 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $229.24, for a total transaction of $836,726.00. Following the transaction, the chief financial officer now owns 62,219 shares of the company’s stock, valued at approximately $14,263,083.56. The disclosure for this sale can be found here. Insiders sold a total of 83,635 shares of company stock worth $18,969,282 in the last quarter. 1.57% of the stock is currently owned by corporate insiders.

Equifax Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.