Choreo LLC Trims Holdings in Equifax Inc. (NYSE:EFX)

Choreo LLC lowered its position in shares of Equifax Inc. (NYSE:EFX) by 35.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,197 shares of the credit services provider’s stock after selling 1,201 shares during the quarter. Choreo LLC’s holdings in Equifax were worth $560,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EFX. State Street Corp raised its stake in Equifax by 1.1% during the 3rd quarter. State Street Corp now owns 4,816,186 shares of the credit services provider’s stock valued at $1,415,284,000 after purchasing an additional 52,489 shares during the period. FMR LLC raised its position in shares of Equifax by 37.4% during the third quarter. FMR LLC now owns 3,233,744 shares of the credit services provider’s stock valued at $950,268,000 after buying an additional 880,162 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Equifax by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,885,661 shares of the credit services provider’s stock worth $845,041,000 after buying an additional 29,742 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Equifax by 76,913.8% during the third quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock worth $282,212,000 after acquiring an additional 959,115 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in Equifax by 34.2% during the third quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider’s stock valued at $251,480,000 after acquiring an additional 220,109 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

Equifax Stock Performance

Shares of NYSE:EFX opened at $253.16 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $31.38 billion, a price-to-earnings ratio of 52.41, a PEG ratio of 3.00 and a beta of 1.58. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63. The firm’s 50-day moving average is $260.86 and its 200 day moving average is $274.69.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, hitting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Research analysts predict that Equifax Inc. will post 7.45 EPS for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio is currently 32.30%.

Analysts Set New Price Targets

Several research analysts have commented on EFX shares. Barclays dropped their price objective on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Argus lowered Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday. Oppenheimer reduced their price objective on Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. Wolfe Research downgraded Equifax from an “outperform” rating to a “peer perform” rating in a research report on Thursday, December 12th. Finally, Jefferies Financial Group reduced their price target on shares of Equifax from $340.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $301.69.

Insider Buying and Selling

In related news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the sale, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. 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 insiders.

Equifax Company 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.