Amalgamated Bank Has $6.11 Million Stock Position in Equifax Inc. (NYSE:EFX)

Amalgamated Bank lessened its position in Equifax Inc. (NYSE:EFX) by 3.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 25,215 shares of the credit services provider’s stock after selling 1,006 shares during the period. Amalgamated Bank’s holdings in Equifax were worth $6,114,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Advisor Group LLC bought a new stake in Equifax during the 4th quarter valued at $209,000. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Equifax by 6.7% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,374 shares of the credit services provider’s stock worth $587,000 after acquiring an additional 150 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Equifax by 3.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 33,920 shares of the credit services provider’s stock valued at $8,388,000 after acquiring an additional 1,079 shares in the last quarter. UBS Group AG boosted its stake in Equifax by 26.6% during the 4th quarter. UBS Group AG now owns 98,987 shares of the credit services provider’s stock valued at $24,478,000 after purchasing an additional 20,775 shares during the last quarter. Finally, Coldstream Capital Management Inc. bought a new stake in Equifax during the 4th quarter worth approximately $359,000. Institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on EFX shares. Wolfe Research initiated coverage on Equifax in a research report on Tuesday, July 9th. They set an “outperform” rating and a $275.00 target price on the stock. Oppenheimer lifted their price objective on shares of Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Barclays increased their target price on shares of Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. The Goldman Sachs Group boosted their price target on shares of Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Finally, Bank of America increased their price objective on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Five equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $302.06.

Equifax Trading Down 1.0 %

Shares of EFX stock opened at $299.09 on Friday. Equifax Inc. has a 1 year low of $159.95 and a 1 year high of $309.63. The company’s fifty day simple moving average is $287.16 and its two-hundred day simple moving average is $259.10. 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 $36.97 billion, a price-to-earnings ratio of 66.61, a PEG ratio of 1.99 and a beta of 1.58.

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

Equifax Announces Dividend

The company 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. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a yield of 0.52%. Equifax’s dividend payout ratio is currently 34.74%.

Insider Activity at Equifax

In other Equifax news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were 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 approximately $3,065,118.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.57% of the stock is owned by corporate insiders.

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.