IFM Investors Pty Ltd Sells 129 Shares of Equifax Inc. (NYSE:EFX)

IFM Investors Pty Ltd lessened its position in shares of Equifax Inc. (NYSE:EFX) by 0.5% in the third quarter, HoldingsChannel.com reports. The fund owned 25,324 shares of the credit services provider’s stock after selling 129 shares during the period. IFM Investors Pty Ltd’s holdings in Equifax were worth $7,442,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EFX. EntryPoint Capital LLC bought a new stake in shares of Equifax during the 1st quarter worth approximately $30,000. Tortoise Investment Management LLC lifted its holdings in shares of Equifax by 76.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 54 shares during the period. Mascoma Wealth Management LLC bought a new stake in shares of Equifax during the 2nd quarter worth approximately $30,000. Crewe Advisors LLC lifted its holdings in shares of Equifax by 138.2% during the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 76 shares during the period. Finally, First Community Trust NA bought a new stake in shares of Equifax during the 2nd quarter worth approximately $33,000. Institutional investors own 96.20% of the company’s stock.

Equifax Trading Down 0.7 %

EFX opened at $269.81 on Friday. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $309.63. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average of $293.01 and a 200-day moving average of $263.52. The stock has a market cap of $33.35 billion, a PE ratio of 60.09, a price-to-earnings-growth ratio of 2.00 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.01. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the prior year, the company posted $1.76 earnings per share. Equifax’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, sell-side analysts predict that Equifax Inc. will post 7.36 EPS for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Tuesday, September 3rd. Equifax’s payout ratio is 34.74%.

Analysts Set New Price Targets

EFX has been the subject of several research reports. Needham & Company LLC reissued a “buy” rating and issued a $350.00 price objective on shares of Equifax in a research note on Friday, October 18th. UBS Group initiated coverage on shares of Equifax in a research note on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective for the company. Citigroup increased their price objective on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. BNP Paribas raised shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective for the company in a research note on Thursday, September 19th. Finally, Oppenheimer increased their price objective on shares of 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 sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $310.47.

Insiders Place Their Bets

In other Equifax news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the sale, the executive vice president now directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.57% 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.