Equifax Inc. (NYSE:EFX) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of Equifax Inc. (NYSE:EFXGet Rating) by 1.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,596 shares of the credit services provider’s stock after selling 387 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Equifax were worth $8,914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. increased its stake in shares of Equifax by 3.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,715 shares of the credit services provider’s stock worth $795,000 after purchasing an additional 96 shares in the last quarter. Covestor Ltd purchased a new position in shares of Equifax during the 4th quarter worth approximately $62,000. Candriam Luxembourg S.C.A. increased its stake in shares of Equifax by 5.8% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 7,174 shares of the credit services provider’s stock worth $2,100,000 after purchasing an additional 392 shares in the last quarter. Ensign Peak Advisors Inc increased its stake in shares of Equifax by 10.6% during the 4th quarter. Ensign Peak Advisors Inc now owns 79,070 shares of the credit services provider’s stock worth $23,152,000 after purchasing an additional 7,572 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Equifax by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 559,682 shares of the credit services provider’s stock worth $163,869,000 after purchasing an additional 12,905 shares in the last quarter. 91.81% of the stock is currently owned by institutional investors and hedge funds.

Equifax Stock Performance

Shares of Equifax stock opened at $183.25 on Friday. The firm has a market cap of $22.43 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 1.79 and a beta of 1.50. The firm’s 50-day simple moving average is $200.87 and its 200-day simple moving average is $205.02. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.51 and a current ratio of 0.51. Equifax Inc. has a 1 year low of $169.25 and a 1 year high of $300.11.

Equifax (NYSE:EFXGet Rating) last issued its earnings results on Wednesday, July 20th. The credit services provider reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.06. Equifax had a net margin of 14.54% and a return on equity of 26.69%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business posted $1.98 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Equities analysts forecast that Equifax Inc. will post 7.67 earnings per share for the current fiscal year.

Equifax Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Tuesday, September 6th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend was Friday, September 2nd. Equifax’s dividend payout ratio is presently 25.66%.

Analysts Set New Price Targets

EFX has been the subject of a number of recent research reports. StockNews.com raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Friday, August 19th. Credit Suisse Group lowered their target price on shares of Equifax from $250.00 to $245.00 and set an “outperform” rating for the company in a research note on Thursday, July 21st. Truist Financial lowered their target price on shares of Equifax from $250.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, July 22nd. Stifel Nicolaus lowered their target price on shares of Equifax from $254.00 to $223.00 and set a “buy” rating for the company in a research note on Friday, July 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Equifax from $225.00 to $223.00 in a research note on Tuesday, July 19th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $245.13.

About Equifax

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Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

Further Reading

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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