Equifax, Inc. (EFX) Shares Bought by Advisor Partners LLC
Advisor Partners LLC raised its position in shares of Equifax, Inc. (NYSE:EFX) by 14.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,020 shares of the credit services provider’s stock after buying an additional 254 shares during the period. Advisor Partners LLC’s holdings in Equifax were worth $278,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. William Blair Investment Management LLC increased its stake in Equifax by 99.4% in the first quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock worth $178,454,000 after buying an additional 650,550 shares in the last quarter. Bank of America Corp DE increased its stake in Equifax by 3.4% in the first quarter. Bank of America Corp DE now owns 523,024 shares of the credit services provider’s stock worth $71,519,000 after buying an additional 17,202 shares in the last quarter. Legal & General Group Plc increased its stake in Equifax by 4.3% in the first quarter. Legal & General Group Plc now owns 575,961 shares of the credit services provider’s stock worth $78,757,000 after buying an additional 23,905 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in Equifax during the first quarter worth approximately $1,345,000. Finally, Toth Financial Advisory Corp increased its stake in Equifax by 1.6% in the second quarter. Toth Financial Advisory Corp now owns 46,995 shares of the credit services provider’s stock worth $6,458,000 after buying an additional 732 shares in the last quarter. Institutional investors own 89.55% of the company’s stock.
Shares of Equifax, Inc. (NYSE:EFX) opened at 141.35 on Friday. The firm has a market capitalization of $17.01 billion, a PE ratio of 29.94 and a beta of 0.91. The stock has a 50 day moving average price of $141.64 and a 200-day moving average price of $135.59. Equifax, Inc. has a 52 week low of $110.87 and a 52 week high of $147.02.
Equifax (NYSE:EFX) last issued its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.03. The business had revenue of $856.70 million for the quarter, compared to analyst estimates of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. Equities analysts anticipate that Equifax, Inc. will post $6.08 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is currently 33.05%.
A number of equities research analysts have commented on EFX shares. Deutsche Bank AG restated a “buy” rating and issued a $160.00 target price (up previously from $140.00) on shares of Equifax in a research report on Thursday, July 27th. BidaskClub downgraded Equifax from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Argus started coverage on Equifax in a research report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 target price on the stock. Stephens downgraded Equifax from an “overweight” rating to an “equal weight” rating in a research report on Friday, April 28th. Finally, Zacks Investment Research downgraded Equifax from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. Equifax has a consensus rating of “Buy” and a consensus target price of $145.45.
In related news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the transaction, the insider now directly owns 43,648 shares of the company’s stock, valued at approximately $6,359,513.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO John W. Gamble, Jr. sold 14,000 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $136.44, for a total value of $1,910,160.00. Following the completion of the transaction, the chief financial officer now directly owns 48,578 shares in the company, valued at $6,627,982.32. The disclosure for this sale can be found here. Insiders sold a total of 26,219 shares of company stock worth $3,691,098 over the last ninety days. Corporate insiders own 1.29% of the company’s stock.
Equifax Company Profile
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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