Neuberger Berman Group LLC Reduces Stock Holdings in Equifax, Inc. (NYSE:EFX)

Neuberger Berman Group LLC decreased its position in Equifax, Inc. (NYSE:EFX) by 19.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 478,861 shares of the credit services provider’s stock after selling 115,530 shares during the period. Neuberger Berman Group LLC’s holdings in Equifax were worth $116,631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. DAVENPORT & Co LLC lifted its position in shares of Equifax by 12.0% during the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider’s stock worth $539,000 after acquiring an additional 237 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Equifax by 1,464.7% during the first quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider’s stock worth $4,413,000 after acquiring an additional 16,961 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of Equifax during the first quarter worth $209,000. QRG Capital Management Inc. lifted its position in shares of Equifax by 19.9% during the first quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider’s stock worth $392,000 after acquiring an additional 267 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Equifax by 44.2% during the first quarter. SG Americas Securities LLC now owns 5,229 shares of the credit services provider’s stock worth $1,274,000 after acquiring an additional 1,602 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Equifax Stock Performance

NYSE EFX opened at $253.41 on Thursday. The company has a 50-day simple moving average of $255.39 and a two-hundred day simple moving average of $251.53. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The firm has a market cap of $31.37 billion, a price-to-earnings ratio of 49.59, a PEG ratio of 2.90 and a beta of 1.64.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. On average, equities analysts forecast that Equifax, Inc. will post 7.58 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on EFX shares. Wells Fargo & Company decreased their price target on shares of Equifax from $310.00 to $300.00 and set an “overweight” rating on the stock in a report on Wednesday, July 23rd. Bank of America cut shares of Equifax from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $300.00 to $285.00 in a report on Monday, June 23rd. Oppenheimer decreased their price target on shares of Equifax from $296.00 to $279.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $305.00 price target (up previously from $295.00) on shares of Equifax in a report on Tuesday, June 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $295.00 price target on shares of Equifax in a report on Friday, June 20th. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $285.00.

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the completion of the sale, the chief executive officer directly owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.40% of the stock is currently owned by insiders.

Equifax Company 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.