Union Bancaire Privee UBP SA Invests $296,000 in Equifax Inc. (NYSE:EFX)

Union Bancaire Privee UBP SA purchased a new stake in shares of Equifax Inc. (NYSE:EFX) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,158 shares of the credit services provider’s stock, valued at approximately $296,000.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in shares of Equifax during the third quarter worth $29,000. Central Pacific Bank Trust Division acquired a new position in Equifax in the fourth quarter valued at approximately $35,000. Exchange Traded Concepts LLC bought a new position in shares of Equifax during the third quarter valued at approximately $48,000. Intact Investment Management Inc. bought a new stake in shares of Equifax in the 3rd quarter worth approximately $73,000. Finally, Pinnacle Financial Partners Inc acquired a new position in Equifax during the 3rd quarter valued at approximately $85,000. 96.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on EFX. Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Stifel Nicolaus decreased their target price on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Robert W. Baird lifted their price target on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Wells Fargo & Company decreased their price objective on Equifax from $325.00 to $321.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. cut their target price on Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, Equifax currently has an average rating of “Moderate Buy” and a consensus price target of $310.88.

Equifax Price Performance

Shares of NYSE:EFX opened at $273.84 on Wednesday. The company’s fifty day moving average is $259.83 and its two-hundred day moving average is $274.76. The company has a market cap of $33.94 billion, a P/E ratio of 60.85, a price-to-earnings-growth ratio of 2.80 and a beta of 1.57. Equifax Inc. has a 12-month low of $213.02 and a 12-month high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, November 22nd. Equifax’s dividend payout ratio is currently 34.67%.

Insider Buying and Selling

In other news, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now directly owns 11,697 shares of the company’s stock, valued at $3,045,781.83. This trade represents a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.57% of the stock is owned by corporate insiders.

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.