Teachers Retirement System of The State of Kentucky Decreases Holdings in Equifax Inc. (NYSE:EFX)

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Equifax Inc. (NYSE:EFX) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,781 shares of the credit services provider’s stock after selling 276 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Equifax were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its position in Equifax by 72.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after acquiring an additional 633,887 shares during the last quarter. Capital International Investors increased its stake in shares of Equifax by 2.5% during the first quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock valued at $3,757,425,000 after buying an additional 342,170 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Equifax by 70.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 739,492 shares of the credit services provider’s stock valued at $182,869,000 after purchasing an additional 305,028 shares in the last quarter. Generation Investment Management LLP boosted its holdings in shares of Equifax by 8.4% in the 4th quarter. Generation Investment Management LLP now owns 3,856,248 shares of the credit services provider’s stock valued at $953,612,000 after buying an additional 298,846 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Equifax by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,895,487 shares of the credit services provider’s stock worth $3,436,215,000 after purchasing an additional 204,481 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Carla Chaney sold 3,000 shares of the 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 directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.57% of the stock is currently owned by company insiders.

Equifax Trading Down 3.4 %

NYSE EFX opened at $283.49 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market capitalization of $35.04 billion, a P/E ratio of 63.14, a PEG ratio of 2.12 and a beta of 1.58. The firm’s 50-day moving average is $293.45 and its two-hundred day moving average is $261.22. Equifax Inc. has a 12 month low of $159.95 and a 12 month high of $309.63.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. The company had revenue of $1.43 billion for 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 firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.71 earnings per share. On average, sell-side analysts anticipate that Equifax Inc. will post 7.33 earnings per share for the current year.

Equifax Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date was Tuesday, September 3rd. Equifax’s payout ratio is currently 34.74%.

Wall Street Analyst Weigh In

Several research firms recently commented on EFX. Stifel Nicolaus raised their target price on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Robert W. Baird raised their target price on Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Oppenheimer upped their price target on Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Bank of America raised their price objective on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Finally, Needham & Company LLC upped their target price on Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.95.

About Equifax

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.