Firetrail Investments PTY Ltd. boosted its holdings in Equifax Inc. (NYSE:EFX – Free Report) by 0.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,355 shares of the credit services provider’s stock after purchasing an additional 277 shares during the quarter. Equifax makes up 3.3% of Firetrail Investments PTY Ltd.’s portfolio, making the stock its 15th biggest holding. Firetrail Investments PTY Ltd.’s holdings in Equifax were worth $11,553,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in Equifax during the third quarter valued at about $29,000. EntryPoint Capital LLC purchased a new position in Equifax in the first quarter valued at approximately $30,000. Tortoise Investment Management LLC lifted its position in Equifax by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after buying an additional 54 shares in the last quarter. Mascoma Wealth Management LLC purchased a new stake in Equifax during the second quarter worth approximately $30,000. Finally, Crewe Advisors LLC increased its position in shares of Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Oppenheimer upped their target price on Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Citigroup boosted their price target on Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Stifel Nicolaus increased their price objective on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Robert W. Baird raised their price objective on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $310.47.
Insider Buying and Selling at Equifax
In other news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the transaction, the chief executive officer now directly owns 109,183 shares in the company, valued at $29,532,909.67. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John J. Kelley III sold 1,000 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the transaction, the executive vice president now directly owns 11,269 shares in the company, valued at approximately $3,075,535.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.57% of the company’s stock.
Equifax Price Performance
EFX stock opened at $265.97 on Thursday. The firm has a 50-day moving average of $284.23 and a two-hundred day moving average of $266.77. The firm has a market capitalization of $32.97 billion, a PE ratio of 59.10, a P/E/G ratio of 2.52 and a beta of 1.59. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a one year low of $189.95 and a one year high of $309.63.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.01. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.76 EPS. On average, analysts forecast that Equifax Inc. will post 7.29 earnings per share for the current year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.39 per share. The ex-dividend date is Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.59%. Equifax’s payout ratio is presently 34.67%.
About Equifax
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.
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