Hennion & Walsh Asset Management Inc. lowered its holdings in shares of Equifax Inc. (NYSE:EFX – Free Report) by 49.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 907 shares of the credit services provider’s stock after selling 891 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Equifax were worth $231,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Intech Investment Management LLC increased its holdings in shares of Equifax by 1.2% during the 2nd quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after acquiring an additional 44 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Equifax by 94.1% in the second quarter. Canada Pension Plan Investment Board now owns 32,435 shares of the credit services provider’s stock valued at $7,864,000 after purchasing an additional 15,722 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Equifax by 24.2% in the second quarter. AE Wealth Management LLC now owns 3,533 shares of the credit services provider’s stock valued at $857,000 after purchasing an additional 689 shares during the period. Sei Investments Co. lifted its stake in shares of Equifax by 13.5% during the 2nd quarter. Sei Investments Co. now owns 166,402 shares of the credit services provider’s stock worth $40,345,000 after buying an additional 19,817 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Equifax by 8.8% during the 2nd quarter. ProShare Advisors LLC now owns 17,087 shares of the credit services provider’s stock worth $4,143,000 after buying an additional 1,382 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Needham & Company LLC reissued a “buy” rating and issued a $350.00 price target on shares of Equifax in a report on Monday, October 28th. Stifel Nicolaus dropped their price target on Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. UBS Group assumed coverage on Equifax in a report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective on the stock. Wells Fargo & Company dropped their target price on Equifax from $325.00 to $321.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Finally, Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, Equifax currently has an average rating of “Moderate Buy” and a consensus price target of $311.12.
Insider Buying and Selling at Equifax
In other news, EVP John J. Kelley III sold 1,000 shares of the firm’s 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 approximately $3,075,535.48. This trade represents a 8.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lisa M. Nelson sold 551 shares of Equifax stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the sale, the executive vice president now directly owns 11,697 shares in the company, valued at $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 59,855 shares of company stock worth $16,187,044 over the last 90 days. Insiders own 1.66% of the company’s stock.
Equifax Stock Up 3.5 %
Shares of EFX opened at $272.08 on Wednesday. The firm has a 50 day simple moving average of $258.00 and a two-hundred day simple moving average of $273.87. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax Inc. has a one year low of $213.02 and a one year high of $309.63. The company has a market cap of $33.73 billion, a P/E ratio of 60.46, a P/E/G ratio of 2.69 and a beta of 1.57.
Equifax Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were given a dividend of $0.39 per share. The ex-dividend date was Friday, November 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. Equifax’s dividend payout ratio is currently 34.67%.
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.
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