Equifax Inc. (NYSE:EFX) Shares Sold by Swiss National Bank

Swiss National Bank decreased its position in shares of Equifax Inc. (NYSE:EFX) by 0.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 366,900 shares of the credit services provider’s stock after selling 1,000 shares during the period. Swiss National Bank owned 0.30% of Equifax worth $107,817,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EFX. International Assets Investment Management LLC increased its position in 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 buying an additional 959,115 shares during the period. Price T Rowe Associates Inc. MD increased its position in Equifax by 72.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock worth $405,051,000 after buying an additional 633,887 shares during the period. Capital International Investors increased its holdings in shares of Equifax by 2.5% in the first quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock valued at $3,757,425,000 after purchasing an additional 342,170 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Equifax by 4.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock valued at $1,036,952,000 after purchasing an additional 200,665 shares during the period. Finally, Ceredex Value Advisors LLC increased its holdings in shares of Equifax by 127.1% in the second quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock valued at $84,947,000 after purchasing an additional 196,106 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Wall Street Analyst Weigh In

EFX has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their target price on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Needham & Company LLC reissued a “buy” rating and issued a $350.00 target price on shares of Equifax in a report on Monday, October 28th. Morgan Stanley boosted their target price on Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday, September 12th. Wells Fargo & Company reissued a “buy” rating on shares of Equifax in a report on Friday, October 18th. Finally, Oppenheimer lifted their price target on Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $310.47.

Insider Transactions at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This represents a 8.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the completion of the transaction, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This represents a 34.81 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.57% of the company’s stock.

Equifax Stock Performance

Equifax stock opened at $245.29 on Tuesday. The firm has a market capitalization of $30.40 billion, a P/E ratio of 54.51, a PEG ratio of 2.34 and a beta of 1.59. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock has a fifty day moving average price of $281.62 and a 200 day moving average price of $267.70. Equifax Inc. has a 52 week low of $204.16 and a 52 week high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.76 earnings per share. Equities research analysts anticipate that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Friday, November 22nd. Equifax’s payout ratio is 34.67%.

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.