Vaughan Nelson Investment Management L.P. lifted its position in Equifax, Inc. (NYSE:EFX – Free Report) by 18.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,270 shares of the credit services provider’s stock after purchasing an additional 1,605 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Equifax were worth $2,664,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Equifax in the first quarter worth about $28,000. Ameritas Advisory Services LLC bought a new stake in shares of Equifax in the second quarter worth about $31,000. Zions Bancorporation National Association UT bought a new stake in shares of Equifax in the first quarter worth about $32,000. City Holding Co. purchased a new position in Equifax in the first quarter worth about $34,000. Finally, Adirondack Trust Co. purchased a new position in Equifax in the second quarter worth about $59,000. 96.20% of the stock is owned by institutional investors.
Equifax Stock Up 2.0%
Shares of NYSE:EFX opened at $236.89 on Friday. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $294.92. The business has a 50 day simple moving average of $248.28 and a two-hundred day simple moving average of $251.47. The firm has a market capitalization of $29.33 billion, a PE ratio of 46.36, a price-to-earnings-growth ratio of 2.86 and a beta of 1.68. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77.
Equifax Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax’s payout ratio is currently 39.14%.
Insider Buying and Selling at Equifax
In other news, CEO Mark W. Begor sold 48,264 shares of Equifax stock in a transaction that occurred on 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 owned 142,872 shares of the company’s stock, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on EFX. Wells Fargo & Company dropped their price target on Equifax from $310.00 to $300.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Robert W. Baird dropped their price target on Equifax from $310.00 to $289.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. dropped their price target on Equifax from $277.00 to $272.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Oppenheimer dropped their price target on Equifax from $296.00 to $279.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Finally, BMO Capital Markets dropped their price target on Equifax from $280.00 to $260.00 and set a “market perform” rating for the company in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Equifax presently has an average rating of “Moderate Buy” and an average target price of $282.47.
Get Our Latest Analysis on EFX
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.
See Also
- Five stocks we like better than Equifax
- 3 REITs to Buy and Hold for the Long Term
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- How to Find Undervalued Stocks
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.