Equifax Inc. (NYSE:EFX) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its stake in Equifax Inc. (NYSE:EFX) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,593 shares of the credit services provider’s stock after selling 579 shares during the period. Mutual of America Capital Management LLC’s holdings in Equifax were worth $3,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. EntryPoint Capital LLC acquired a new stake in Equifax in the first quarter worth approximately $30,000. OFI Invest Asset Management acquired a new stake in shares of Equifax in the first quarter valued at $31,000. Tortoise Investment Management LLC lifted its holdings in shares of Equifax by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after buying an additional 54 shares during the period. Mascoma Wealth Management LLC acquired a new position in Equifax during the second quarter worth about $30,000. Finally, Crewe Advisors LLC raised its position in Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EFX has been the subject of several research reports. Oppenheimer raised their price objective on shares of Equifax from $272.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Citigroup raised their target price on shares of Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Wolfe Research started coverage on Equifax in a report on Tuesday, July 9th. They issued an “outperform” rating and a $275.00 price target on the stock. Bank of America increased their price objective on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Finally, Robert W. Baird lifted their target price on Equifax from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $302.06.

Insider Activity

In related news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now owns 10,875 shares in the company, valued at $3,065,118.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.57% of the stock is owned by corporate insiders.

Equifax Stock Performance

EFX stock opened at $299.09 on Monday. The firm has a 50 day simple moving average of $287.98 and a 200 day simple moving average of $259.26. Equifax Inc. has a 52 week low of $159.95 and a 52 week high of $309.63. The stock has a market cap of $36.97 billion, a P/E ratio of 66.61, a P/E/G ratio of 1.99 and a beta of 1.58. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79.

Equifax (NYSE:EFX) last issued 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. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business posted $1.71 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts anticipate that Equifax Inc. will post 7.33 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders 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 0.52%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

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.