Equifax Inc. (NYSE:EFX) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. reduced its position in shares of Equifax Inc. (NYSE:EFXGet Rating) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 498,394 shares of the credit services provider’s stock after selling 4,473 shares during the period. Franklin Resources Inc.’s holdings in Equifax were worth $91,097,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EFX. Massachusetts Financial Services Co. MA lifted its position in shares of Equifax by 10.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 11,808,841 shares of the credit services provider’s stock worth $2,799,876,000 after purchasing an additional 1,090,363 shares in the last quarter. Harris Associates L P lifted its position in shares of Equifax by 1,169.5% during the first quarter. Harris Associates L P now owns 1,004,399 shares of the credit services provider’s stock worth $238,143,000 after purchasing an additional 925,280 shares in the last quarter. BlackRock Inc. lifted its position in shares of Equifax by 2.7% during the first quarter. BlackRock Inc. now owns 9,720,913 shares of the credit services provider’s stock worth $2,304,828,000 after purchasing an additional 252,490 shares in the last quarter. Liontrust Investment Partners LLP lifted its position in shares of Equifax by 728.5% during the second quarter. Liontrust Investment Partners LLP now owns 251,718 shares of the credit services provider’s stock worth $46,009,000 after purchasing an additional 221,336 shares in the last quarter. Finally, Burgundy Asset Management Ltd. lifted its position in shares of Equifax by 29.4% during the second quarter. Burgundy Asset Management Ltd. now owns 967,899 shares of the credit services provider’s stock worth $176,913,000 after purchasing an additional 220,143 shares in the last quarter. 91.81% of the stock is owned by institutional investors and hedge funds.

Equifax Stock Performance

Shares of EFX opened at $197.93 on Thursday. Equifax Inc. has a one year low of $145.98 and a one year high of $300.11. The company has a 50-day moving average of $174.43 and a two-hundred day moving average of $188.44. The stock has a market cap of $24.23 billion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.96 and a beta of 1.43. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.64 and a quick ratio of 0.64.

Equifax (NYSE:EFXGet Rating) last announced its earnings results on Wednesday, October 19th. The credit services provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.63 by $0.10. Equifax had a net margin of 13.72% and a return on equity of 25.88%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the company posted $1.85 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, equities research analysts expect that Equifax Inc. will post 7.53 earnings per share for the current year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Wednesday, November 23rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, November 22nd. Equifax’s payout ratio is 27.08%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Robert W. Baird dropped their price target on shares of Equifax from $211.00 to $199.00 in a research note on Friday, October 21st. Atlantic Securities raised shares of Equifax from a “neutral” rating to an “overweight” rating and set a $230.00 price target on the stock in a report on Tuesday, November 15th. The Goldman Sachs Group cut their price target on shares of Equifax from $215.00 to $187.00 and set a “neutral” rating on the stock in a report on Friday, October 21st. StockNews.com raised shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Wells Fargo & Company cut their price target on shares of Equifax from $200.00 to $165.00 and set an “equal weight” rating on the stock in a report on Friday, October 21st. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $203.50.

Insiders Place Their Bets

In other news, Director Melissa D. Smith bought 672 shares of the firm’s stock in a transaction on Friday, October 21st. The stock was bought at an average cost of $148.69 per share, for a total transaction of $99,919.68. Following the completion of the acquisition, the director now directly owns 3,474 shares in the company, valued at approximately $516,549.06. The purchase was disclosed in a document filed with the SEC, which is available at this link. In other news, Director Melissa D. Smith bought 672 shares of the firm’s stock in a transaction on Friday, October 21st. The stock was bought at an average cost of $148.69 per share, for a total transaction of $99,919.68. Following the completion of the acquisition, the director now directly owns 3,474 shares in the company, valued at approximately $516,549.06. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Mark W. Begor sold 11,000 shares of the stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $165.51, for a total transaction of $1,820,610.00. Following the completion of the sale, the chief executive officer now directly owns 92,918 shares of the company’s stock, valued at $15,378,858.18. The disclosure for this sale can be found here. Insiders sold a total of 31,100 shares of company stock worth $5,146,968 over the last ninety days. 1.57% of the stock is currently owned by company insiders.

About Equifax

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Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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