Equifax Inc. (NYSE:EFX) Shares Bought by Rafferty Asset Management LLC

Rafferty Asset Management LLC lifted its holdings in Equifax Inc. (NYSE:EFXFree Report) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,342 shares of the credit services provider’s stock after purchasing an additional 600 shares during the period. Rafferty Asset Management LLC’s holdings in Equifax were worth $3,052,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Equifax by 2.7% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,505,338 shares of the credit services provider’s stock worth $458,928,000 after purchasing an additional 65,620 shares during the last quarter. Parnassus Investments LLC increased its position in shares of Equifax by 1,740.8% in the fourth quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider’s stock worth $515,817,000 after acquiring an additional 1,972,564 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Equifax by 15.1% in the fourth quarter. Van ECK Associates Corp now owns 1,572,846 shares of the credit services provider’s stock worth $388,949,000 after acquiring an additional 206,037 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Equifax by 9.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,450,528 shares of the credit services provider’s stock worth $338,017,000 after acquiring an additional 121,761 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Equifax by 2.1% in the third quarter. Northern Trust Corp now owns 1,252,166 shares of the credit services provider’s stock worth $229,372,000 after acquiring an additional 25,983 shares in the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Bank of America dropped their target price on shares of Equifax from $300.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, April 19th. Oppenheimer dropped their target price on shares of Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Robert W. Baird dropped their target price on shares of Equifax from $275.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Finally, Evercore ISI upgraded shares of Equifax from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $210.00 to $310.00 in a report on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $270.19.

Read Our Latest Report on EFX

Equifax Price Performance

Shares of Equifax stock opened at $233.28 on Friday. Equifax Inc. has a 1-year low of $159.95 and a 1-year high of $275.10. The firm has a fifty day simple moving average of $238.38 and a 200-day simple moving average of $244.21. The stock has a market capitalization of $28.84 billion, a price-to-earnings ratio of 51.96, a PEG ratio of 1.66 and a beta of 1.57. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFXGet Free Report) last announced its earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. Equifax’s revenue was up 6.7% compared to the same quarter last year. On average, sell-side analysts expect that Equifax Inc. will post 7.37 earnings per share for the current year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Friday, May 24th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, May 23rd. Equifax’s dividend payout ratio (DPR) is currently 34.74%.

Insider Buying and Selling

In other Equifax news, EVP Rodolfo O. Ploder sold 14,097 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $225.45, for a total value of $3,178,168.65. Following the sale, the executive vice president now owns 75,964 shares of the company’s stock, valued at approximately $17,126,083.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO John W. Gamble, Jr. sold 3,650 shares of the company’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $229.24, for a total value of $836,726.00. Following the sale, the chief financial officer now owns 62,219 shares of the company’s stock, valued at approximately $14,263,083.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Rodolfo O. Ploder sold 14,097 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $225.45, for a total transaction of $3,178,168.65. Following the completion of the sale, the executive vice president now directly owns 75,964 shares in the company, valued at approximately $17,126,083.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,635 shares of company stock valued at $18,969,282. 1.57% of the stock is owned by company insiders.

About Equifax

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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