Vanguard Group Inc. boosted its position in Equifax, Inc. (NYSE:EFX – Free Report) by 1.8% in the second quarter, HoldingsChannel.com reports. The firm owned 14,966,903 shares of the credit services provider’s stock after purchasing an additional 258,572 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Equifax worth $3,881,966,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in shares of Equifax in the 1st quarter worth approximately $28,000. Ameritas Advisory Services LLC bought a new stake in Equifax during the second quarter worth approximately $31,000. Zions Bancorporation National Association UT bought a new stake in Equifax during the first quarter worth approximately $32,000. NewSquare Capital LLC grew its position in Equifax by 98.5% in the second quarter. NewSquare Capital LLC now owns 135 shares of the credit services provider’s stock worth $35,000 after buying an additional 67 shares during the last quarter. Finally, Adirondack Trust Co. bought a new position in shares of Equifax in the second quarter valued at $59,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Equifax Stock Performance
Shares of EFX stock opened at $205.98 on Thursday. The company has a market capitalization of $25.21 billion, a price-to-earnings ratio of 39.09, a P/E/G ratio of 2.41 and a beta of 1.64. Equifax, Inc. has a 1-year low of $199.98 and a 1-year high of $281.07. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.82. The stock’s fifty day simple moving average is $231.75 and its 200-day simple moving average is $247.87.
Equifax Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, November 24th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, November 24th. Equifax’s dividend payout ratio (DPR) is currently 37.95%.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Bank of America reduced their price objective on Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, October 3rd. Robert W. Baird cut their target price on Equifax from $310.00 to $289.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 23rd. Stifel Nicolaus decreased their price target on Equifax from $295.00 to $253.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Equifax in a report on Thursday, November 13th. Finally, Barclays reduced their price objective on shares of Equifax from $260.00 to $240.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $277.13.
Insiders Place Their Bets
In other Equifax news, CEO Mark W. Begor sold 21,386 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $231.12, for a total value of $4,942,732.32. Following the transaction, the chief executive officer owned 22,045 shares in the company, valued at $5,095,040.40. The trade was a 49.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $238.94, for a total value of $1,176,779.50. Following the completion of the transaction, the executive vice president directly owned 39,364 shares in the company, valued at approximately $9,405,634.16. The trade was a 11.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 54,270 shares of company stock valued at $12,580,837. Insiders own 1.40% of the company’s stock.
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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