Deutsche Bank AG Cuts Stock Holdings in Equifax Inc. (NYSE:EFX)

Deutsche Bank AG lowered its position in Equifax Inc. (NYSE:EFXGet Rating) by 6.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,113 shares of the credit services provider’s stock after selling 13,405 shares during the quarter. Deutsche Bank AG owned approximately 0.15% of Equifax worth $33,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of EFX. SG Americas Securities LLC boosted its stake in Equifax by 94.5% in the first quarter. SG Americas Securities LLC now owns 6,881 shares of the credit services provider’s stock worth $1,631,000 after buying an additional 3,344 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Equifax by 11.2% in the first quarter. Steward Partners Investment Advisory LLC now owns 1,266 shares of the credit services provider’s stock worth $300,000 after buying an additional 128 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in Equifax by 1.2% in the first quarter. Mutual of America Capital Management LLC now owns 16,324 shares of the credit services provider’s stock worth $3,870,000 after buying an additional 192 shares in the last quarter. Metis Global Partners LLC boosted its stake in Equifax by 81.5% in the first quarter. Metis Global Partners LLC now owns 1,931 shares of the credit services provider’s stock worth $458,000 after buying an additional 867 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Equifax by 2.4% in the first quarter. Arizona State Retirement System now owns 33,960 shares of the credit services provider’s stock worth $8,052,000 after buying an additional 788 shares in the last quarter. Hedge funds and other institutional investors own 91.81% of the company’s stock.

Equifax Price Performance

EFX opened at $197.93 on Thursday. The stock has a fifty day simple moving average of $174.43 and a two-hundred day simple moving average of $188.44. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.28. The company has a market cap of $24.24 billion, a price-to-earnings ratio of 34.36, a price-to-earnings-growth ratio of 1.98 and a beta of 1.43. Equifax Inc. has a 12-month low of $145.98 and a 12-month high of $300.11.

Equifax (NYSE:EFXGet Rating) last posted its quarterly earnings data on Wednesday, October 19th. The credit services provider reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.10. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.21 billion. Equifax had a return on equity of 25.88% and a net margin of 13.72%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.85 earnings per share. Research analysts predict that Equifax Inc. will post 7.53 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Wednesday, November 23rd will be paid a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.79%. Equifax’s dividend payout ratio is currently 27.08%.

Insider Transactions at Equifax

In other news, CFO John W. Gamble, Jr. sold 15,000 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total value of $2,482,800.00. Following the sale, the chief financial officer now directly owns 46,073 shares of the company’s stock, valued at $7,626,002.96. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, EVP Julia A. Houston sold 5,000 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total value of $827,600.00. Following the sale, the executive vice president now directly owns 7,932 shares of the company’s stock, valued at $1,312,904.64. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO John W. Gamble, Jr. sold 15,000 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total value of $2,482,800.00. Following the completion of the sale, the chief financial officer now directly owns 46,073 shares in the company, valued at $7,626,002.96. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,100 shares of company stock valued at $5,146,968. Insiders own 1.57% of the company’s stock.

Analysts Set New Price Targets

EFX has been the subject of several recent research reports. Morgan Stanley lowered their price objective on Equifax from $212.00 to $192.00 and set an “equal weight” rating for the company in a research report on Friday, October 21st. Jefferies Financial Group downgraded Equifax from a “buy” rating to a “hold” rating and lowered their price objective for the company from $250.00 to $161.00 in a research report on Wednesday, October 19th. Barclays lowered their price objective on Equifax from $230.00 to $225.00 and set an “overweight” rating for the company in a research report on Tuesday, October 4th. Royal Bank of Canada downgraded Equifax from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $195.00 to $158.00 in a research report on Thursday, October 20th. Finally, Needham & Company LLC boosted their price objective on Equifax from $190.00 to $230.00 and gave the company a “buy” rating in a research report on Monday, November 14th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $203.50.

Equifax Profile

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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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