First Trust Advisors LP lowered its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 54.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,166 shares of the credit services provider’s stock after selling 9,815 shares during the quarter. First Trust Advisors LP’s holdings in Equifax were worth $1,470,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in EFX. Norges Bank acquired a new stake in shares of Equifax during the 4th quarter valued at approximately $275,635,000. Brown Advisory Inc. boosted its holdings in Equifax by 57.2% in the fourth quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock worth $609,693,000 after purchasing an additional 1,022,819 shares during the period. Van ECK Associates Corp increased its stake in Equifax by 105.5% during the fourth quarter. Van ECK Associates Corp now owns 1,603,415 shares of the credit services provider’s stock valued at $347,909,000 after purchasing an additional 823,116 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Equifax by 91.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,464,135 shares of the credit services provider’s stock worth $317,688,000 after purchasing an additional 697,403 shares during the period. Finally, AQR Capital Management LLC raised its holdings in shares of Equifax by 956.5% during the third quarter. AQR Capital Management LLC now owns 328,592 shares of the credit services provider’s stock worth $84,248,000 after purchasing an additional 297,489 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.
Equifax Price Performance
Shares of Equifax stock opened at $182.47 on Monday. Equifax, Inc. has a 52 week low of $150.74 and a 52 week high of $271.84. The stock has a market cap of $21.44 billion, a PE ratio of 32.07, a price-to-earnings-growth ratio of 1.46 and a beta of 1.30. The company’s 50-day moving average price is $169.00 and its two-hundred day moving average price is $179.59. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.92.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the stock. BMO Capital Markets decreased their price target on shares of Equifax from $195.00 to $179.00 and set a “market perform” rating for the company in a report on Monday, July 13th. Royal Bank Of Canada decreased their target price on Equifax from $222.00 to $194.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Bank of America lowered their target price on Equifax from $250.00 to $225.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Barclays dropped their price target on Equifax from $215.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 22nd. Finally, Mizuho reduced their price objective on Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, July 2nd. Thirteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $215.79.
View Our Latest Research Report on Equifax
Insider Buying and Selling at Equifax
In other news, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the transaction, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by corporate insiders.
Equifax Company Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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