Nisa Investment Advisors LLC lowered its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 12.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,123 shares of the credit services provider’s stock after selling 3,166 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Equifax were worth $5,997,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its stake in Equifax by 8.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 7,958 shares of the credit services provider’s stock valued at $2,064,000 after purchasing an additional 637 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Equifax by 594.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 13,162 shares of the credit services provider’s stock valued at $3,414,000 after buying an additional 11,268 shares during the last quarter. Atlatl Advisers LLC acquired a new stake in shares of Equifax in the second quarter valued at about $203,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Equifax in the second quarter valued at about $1,326,000. Finally, Brighton Jones LLC raised its holdings in Equifax by 1.6% in the 2nd quarter. Brighton Jones LLC now owns 3,723 shares of the credit services provider’s stock valued at $966,000 after acquiring an additional 58 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
EFX has been the subject of a number of recent research reports. Bank of America cut their price objective on shares of Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, October 3rd. BMO Capital Markets cut their price target on Equifax from $251.00 to $245.00 and set a “market perform” rating for the company in a report on Wednesday, October 22nd. Barclays cut their target price on Equifax from $260.00 to $240.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 23rd. UBS Group raised their target price on Equifax from $287.00 to $297.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Finally, Robert W. Baird cut their target price on Equifax from $310.00 to $289.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. One research 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $277.13.
Insider Transactions at Equifax
In related news, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $9,405,634.16. This represents a 11.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.40% of the stock is owned by company insiders.
Equifax Stock Performance
NYSE EFX opened at $224.42 on Wednesday. The company has a market cap of $27.47 billion, a P/E ratio of 42.58, a P/E/G ratio of 2.62 and a beta of 1.68. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a 50-day moving average of $243.95 and a two-hundred day moving average of $251.53. Equifax, Inc. has a 1-year low of $199.98 and a 1-year high of $281.07.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The credit services provider reported $2.04 EPS for the quarter, topping the consensus estimate of $1.94 by $0.10. Equifax had a net margin of 11.08% and a return on equity of 19.28%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the firm posted $1.85 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. As a group, analysts anticipate that Equifax, Inc. will post 7.58 EPS for the current year.
Equifax Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax’s dividend payout ratio is currently 37.95%.
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.
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