Sei Investments Co. Boosts Holdings in Equifax Inc. (NYSE:EFX)

Sei Investments Co. grew its position in shares of Equifax Inc. (NYSE:EFX) by 13.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 166,402 shares of the credit services provider’s stock after buying an additional 19,817 shares during the quarter. Sei Investments Co. owned 0.13% of Equifax worth $40,345,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in EFX. EntryPoint Capital LLC acquired a new stake in Equifax in the first quarter valued at about $30,000. Tortoise Investment Management LLC lifted its holdings in shares of Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after buying an additional 54 shares during the period. Mascoma Wealth Management LLC purchased a new stake in shares of Equifax in the second quarter valued at approximately $30,000. OFI Invest Asset Management acquired a new position in Equifax during the first quarter worth $31,000. Finally, Crewe Advisors LLC raised its position in Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling

In other news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the transaction, the executive vice president now directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.57% of the company’s stock.

Equifax Trading Up 0.1 %

Shares of Equifax stock opened at $299.26 on Tuesday. Equifax Inc. has a fifty-two week low of $159.95 and a fifty-two week high of $309.63. The business’s fifty day moving average is $288.79 and its two-hundred day moving average is $259.46. 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 $36.99 billion, a PE ratio of 66.65, a P/E/G ratio of 1.99 and a beta of 1.58.

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

Equifax Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Wolfe Research began coverage on shares of Equifax in a research note on Tuesday, July 9th. They set an “outperform” rating and a $275.00 price target on the stock. Bank of America lifted their price target on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Citigroup boosted their price target on Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Robert W. Baird raised their price objective on Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Finally, Needham & Company LLC boosted their target price on Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Five analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $302.06.

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.