Equifax Inc. (NYSE:EFX) CTO Bryson R. Koehler Sells 8,008 Shares
Equifax Inc. (NYSE:EFX) CTO Bryson R. Koehler sold 8,008 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $164.77, for a total value of $1,319,478.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of NYSE:EFX opened at $162.56 on Friday. Equifax Inc. has a 52-week low of $103.01 and a 52-week high of $181.76. The stock has a market cap of $19.85 billion, a P/E ratio of 27.19, a price-to-earnings-growth ratio of 4.97 and a beta of 1.21. The business’s 50 day moving average is $167.80 and its 200 day moving average is $149.81. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.42.
Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 22nd. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.30. The business had revenue of $982.80 million for the quarter, compared to analysts’ expectations of $923.62 million. Equifax had a return on equity of 28.46% and a net margin of 8.03%. During the same quarter last year, the firm earned $1.40 EPS. On average, sell-side analysts anticipate that Equifax Inc. will post 5.68 EPS for the current fiscal year.
EFX has been the topic of a number of recent research reports. Cfra decreased their price objective on Equifax from $173.00 to $141.00 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. Barclays upped their price objective on Equifax from $175.00 to $200.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Deutsche Bank upped their price objective on Equifax from $159.00 to $170.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Credit Suisse Group upped their price objective on Equifax from $142.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Exane BNP Paribas downgraded Equifax from an “outperform” rating to a “neutral” rating in a research report on Friday, July 10th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $165.81.
A number of hedge funds and other institutional investors have recently made changes to their positions in EFX. Perennial Advisors LLC bought a new stake in Equifax during the 1st quarter valued at $30,000. Oppenheimer Asset Management Inc. boosted its position in Equifax by 33.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 472 shares of the credit services provider’s stock valued at $56,000 after acquiring an additional 118 shares in the last quarter. Cornerstone Advisors Inc. boosted its position in Equifax by 49.6% during the 2nd quarter. Cornerstone Advisors Inc. now owns 356 shares of the credit services provider’s stock valued at $61,000 after acquiring an additional 118 shares in the last quarter. Flagship Harbor Advisors LLC boosted its position in Equifax by 324.5% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 433 shares of the credit services provider’s stock valued at $74,000 after acquiring an additional 331 shares in the last quarter. Finally, Ballast Advisors LLC bought a new stake in Equifax during the 1st quarter valued at $87,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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