1,960 Shares in Equifax Inc. (NYSE:EFX) Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new position in shares of Equifax Inc. (NYSE:EFX) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,960 shares of the credit services provider’s stock, valued at approximately $485,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Tobam boosted its stake in Equifax by 37.2% during the fourth quarter. Tobam now owns 568 shares of the credit services provider’s stock worth $140,000 after acquiring an additional 154 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in Equifax during the fourth quarter worth $41,000. Nisa Investment Advisors LLC raised its holdings in Equifax by 5.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 26,766 shares of the credit services provider’s stock worth $6,619,000 after buying an additional 1,406 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Equifax by 116.9% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 84,719 shares of the credit services provider’s stock worth $20,949,000 after buying an additional 45,667 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in Equifax by 5.6% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 20,401 shares of the credit services provider’s stock worth $5,080,000 after buying an additional 1,077 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Truist Financial upped their price objective on shares of Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Bank of America upgraded shares of Equifax from an “underperform” rating to a “buy” rating and increased their target price for the company from $164.00 to $300.00 in a report on Monday, January 8th. Stifel Nicolaus increased their target price on shares of Equifax from $208.00 to $289.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Evercore ISI upgraded shares of Equifax from an “in-line” rating to an “outperform” rating and increased their target price for the company from $210.00 to $310.00 in a report on Tuesday, February 13th. Finally, Oppenheimer increased their target price on shares of Equifax from $273.00 to $291.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $267.00.

Equifax Price Performance

EFX stock opened at $238.55 on Wednesday. The firm has a 50 day moving average of $259.23 and a 200-day moving average of $231.00. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.04. Equifax Inc. has a 12 month low of $159.95 and a 12 month high of $275.10. The firm has a market capitalization of $29.64 billion, a P/E ratio of 54.22, a price-to-earnings-growth ratio of 1.94 and a beta of 1.51.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, February 7th. The credit services provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.07. Equifax had a net margin of 10.36% and a return on equity of 19.40%. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business posted $1.52 earnings per share. Equifax’s revenue for the quarter was up 10.7% on a year-over-year basis. As a group, sell-side analysts predict that Equifax Inc. will post 7.53 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were given a dividend of $0.39 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.56 annualized dividend and a yield of 0.65%. Equifax’s payout ratio is presently 35.45%.

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.