Grange Capital LLC bought a new position in shares of Equifax Inc. (NYSE:EFX – Free Report) in the 4th quarter, HoldingsChannel reports. The fund bought 814 shares of the credit services provider’s stock, valued at approximately $207,000.
Several other hedge funds also recently bought and sold shares of EFX. Toth Financial Advisory Corp boosted its stake in shares of Equifax by 0.9% in the fourth quarter. Toth Financial Advisory Corp now owns 32,791 shares of the credit services provider’s stock valued at $8,357,000 after purchasing an additional 294 shares during the period. CX Institutional boosted its stake in shares of Equifax by 1.7% in the fourth quarter. CX Institutional now owns 4,784 shares of the credit services provider’s stock valued at $1,219,000 after purchasing an additional 80 shares during the period. Brighton Jones LLC boosted its stake in shares of Equifax by 49.2% in the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after purchasing an additional 1,200 shares during the period. Inspire Investing LLC boosted its stake in shares of Equifax by 4.2% in the fourth quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider’s stock valued at $258,000 after purchasing an additional 41 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Equifax by 5.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 39,048 shares of the credit services provider’s stock valued at $9,952,000 after purchasing an additional 2,069 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on EFX. BNP Paribas raised shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price objective for the company in a research note on Monday, December 16th. Wolfe Research lowered shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. Stifel Nicolaus reduced their target price on shares of Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Robert W. Baird raised their target price on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Morgan Stanley raised shares of Equifax from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $275.00 to $320.00 in a report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $311.12.
Insider Activity at Equifax
In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the sale, the executive vice president now directly owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.57% of the stock is currently owned by insiders.
Equifax Stock Performance
NYSE:EFX opened at $268.74 on Friday. The firm’s fifty day moving average price is $258.65 and its 200 day moving average price is $274.01. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $33.31 billion, a price-to-earnings ratio of 59.72, a price-to-earnings-growth ratio of 2.80 and a beta of 1.57.
Equifax Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were given a $0.39 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Equifax’s dividend payout ratio (DPR) is 34.67%.
Equifax 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.
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