Truist Financial Corp Has $14.88 Million Stake in Equifax Inc. (NYSE:EFX)

Truist Financial Corp increased its position in shares of Equifax Inc. (NYSE:EFX) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,370 shares of the credit services provider’s stock after buying an additional 1,460 shares during the period. Truist Financial Corp’s holdings in Equifax were worth $14,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Greenleaf Trust increased its holdings in shares of Equifax by 2.2% in the fourth quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider’s stock valued at $434,000 after purchasing an additional 37 shares during the last quarter. Inspire Investing LLC increased its holdings 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 last quarter. Cromwell Holdings LLC increased its holdings in shares of Equifax by 13.5% in the third quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock valued at $109,000 after purchasing an additional 44 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Equifax by 3.7% in the third quarter. Chicago Partners Investment Group LLC now owns 1,474 shares of the credit services provider’s stock valued at $401,000 after purchasing an additional 53 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Equifax by 2.5% in the fourth quarter. Empowered Funds LLC now owns 2,202 shares of the credit services provider’s stock valued at $561,000 after purchasing an additional 53 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on EFX shares. UBS Group decreased their price objective on shares of Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Needham & Company LLC decreased their price objective on shares of Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Morgan Stanley reduced their target price on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Wolfe Research cut shares of Equifax from an “outperform” rating to a “peer perform” rating in a research report on Thursday, December 12th. Finally, Wells Fargo & Company reduced their target price on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $301.13.

Equifax Trading Down 1.0 %

EFX opened at $240.79 on Friday. The company has a 50-day simple moving average of $258.66 and a 200 day simple moving average of $273.21. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $29.85 billion, a price-to-earnings ratio of 49.85, a P/E/G ratio of 2.85 and a beta of 1.58.

Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Analysts predict that Equifax Inc. will post 7.57 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio is currently 32.30%.

Insider Activity

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.57% of the stock is currently owned by insiders.

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.