Equifax Inc. (NYSE:EFX) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its holdings in Equifax Inc. (NYSE:EFX) by 3.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,680 shares of the credit services provider’s stock after selling 401 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Equifax were worth $3,074,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Private Advisor Group LLC purchased a new stake in Equifax during the 4th quarter worth about $209,000. UBS Group AG grew its holdings in Equifax by 26.6% in the 4th quarter. UBS Group AG now owns 98,987 shares of the credit services provider’s stock valued at $24,478,000 after buying an additional 20,775 shares during the period. D.A. Davidson & CO. purchased a new stake in Equifax in the 4th quarter valued at about $236,000. Corient Private Wealth LLC grew its holdings in Equifax by 7.7% in the 4th quarter. Corient Private Wealth LLC now owns 22,194 shares of the credit services provider’s stock valued at $5,488,000 after buying an additional 1,593 shares during the period. Finally, Assetmark Inc. grew its holdings in Equifax by 19.6% in the 4th quarter. Assetmark Inc. now owns 4,841 shares of the credit services provider’s stock valued at $1,197,000 after buying an additional 793 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Activity

In other news, EVP Carla Chaney sold 3,000 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the sale, the executive vice president now owns 10,875 shares in the company, valued at $3,065,118.75. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.57% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on EFX. Needham & Company LLC lifted their price target on Equifax from $305.00 to $320.00 and gave the company a “buy” rating in a report on Friday, July 19th. JPMorgan Chase & Co. lifted their price target on Equifax from $273.00 to $300.00 and gave the company an “overweight” rating in a report on Friday, July 19th. Barclays boosted their target price on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Wells Fargo & Company upgraded Equifax to a “strong-buy” rating in a report on Tuesday, August 13th. Finally, Citigroup boosted their target price on Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Five research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $302.06.

Equifax Trading Down 1.0 %

Shares of Equifax stock opened at $299.09 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. The firm has a market cap of $36.97 billion, a price-to-earnings ratio of 66.61, a price-to-earnings-growth ratio of 1.99 and a beta of 1.58. The business has a fifty day simple moving average of $287.98 and a 200-day simple moving average of $259.26. Equifax Inc. has a fifty-two week low of $159.95 and a fifty-two week high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.09. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The company’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.71 earnings per share. On average, equities analysts forecast that Equifax Inc. will post 7.33 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a dividend yield of 0.52%. Equifax’s dividend payout ratio (DPR) is 34.74%.

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.