Allspring Global Investments Holdings LLC Purchases 231 Shares of Equifax Inc. (NYSE:EFX)

Allspring Global Investments Holdings LLC grew its position in shares of Equifax Inc. (NYSE:EFX) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,397 shares of the credit services provider’s stock after acquiring an additional 231 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Equifax were worth $1,880,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Equifax by 1.1% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 292,914 shares of the credit services provider’s stock valued at $78,360,000 after purchasing an additional 3,164 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Equifax by 8.5% in the 2nd quarter. Brookstone Capital Management now owns 26,675 shares of the credit services provider’s stock worth $6,916,000 after acquiring an additional 2,085 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Equifax by 14.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 126,856 shares of the credit services provider’s stock valued at $33,970,000 after acquiring an additional 15,744 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in Equifax by 85.8% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 37,902 shares of the credit services provider’s stock valued at $9,904,000 after acquiring an additional 17,501 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Equifax by 183.0% during the 1st quarter. Cetera Investment Advisers now owns 17,015 shares of the credit services provider’s stock valued at $4,552,000 after purchasing an additional 11,002 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on EFX. Wells Fargo & Company restated a “buy” rating on shares of Equifax in a report on Friday, October 18th. Stifel Nicolaus raised their price objective on Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 target price on shares of Equifax in a research note on Monday. Citigroup raised their price target on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, BNP Paribas upgraded shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price target on the stock in a report on Thursday, September 19th. Four investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus target price of $310.47.

Insider Buying and Selling at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the firm’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 transaction, the executive vice president now directly owns 10,875 shares of the company’s stock, valued at $3,065,118.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the sale, the executive vice president now directly owns 11,269 shares in the company, valued at $3,075,535.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Carla Chaney sold 3,000 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the transaction, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 62,304 shares of company stock valued at $16,889,119 in the last 90 days. 1.57% of the stock is currently owned by company insiders.

Equifax Stock Performance

Shares of EFX opened at $269.32 on Thursday. Equifax Inc. has a 1 year low of $164.23 and a 1 year high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.79. The stock’s fifty day moving average price is $291.37 and its two-hundred day moving average price is $263.96. The firm has a market cap of $33.29 billion, a PE ratio of 59.98, a PEG ratio of 2.56 and a beta of 1.58.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.76 EPS. On average, equities research analysts forecast that Equifax Inc. will post 7.29 EPS for the current year.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Equifax’s dividend payout ratio 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.