SteelPeak Wealth LLC boosted its position in Equifax, Inc. (NYSE:EFX – Free Report) by 49.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,019 shares of the credit services provider’s stock after acquiring an additional 3,985 shares during the period. SteelPeak Wealth LLC’s holdings in Equifax were worth $2,608,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Equifax by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 15,282,951 shares of the credit services provider’s stock worth $3,920,535,000 after purchasing an additional 316,048 shares in the last quarter. State Street Corp boosted its position in shares of Equifax by 0.4% during the third quarter. State Street Corp now owns 4,990,152 shares of the credit services provider’s stock valued at $1,280,124,000 after buying an additional 21,255 shares during the last quarter. Generation Investment Management LLP grew its holdings in Equifax by 6.3% during the third quarter. Generation Investment Management LLP now owns 2,736,467 shares of the credit services provider’s stock worth $701,986,000 after buying an additional 163,375 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Equifax by 0.6% during the 3rd quarter. Lazard Asset Management LLC now owns 1,736,731 shares of the credit services provider’s stock valued at $445,524,000 after acquiring an additional 9,741 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Equifax by 19.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,380,012 shares of the credit services provider’s stock worth $354,014,000 after acquiring an additional 226,189 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
Equifax Trading Down 0.1%
Shares of EFX opened at $182.29 on Friday. The company has a market capitalization of $21.99 billion, a P/E ratio of 34.27, a P/E/G ratio of 1.35 and a beta of 1.56. The firm’s 50 day simple moving average is $192.07 and its 200 day simple moving average is $211.92. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.60 and a quick ratio of 0.60. Equifax, Inc. has a 1-year low of $166.02 and a 1-year high of $281.03.
Equifax Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Monday, March 9th were given a dividend of $0.56 per share. This is a positive change from Equifax’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Monday, March 9th. This represents a $2.24 annualized dividend and a yield of 1.2%. Equifax’s payout ratio is currently 42.11%.
Insider Buying and Selling at Equifax
In other news, EVP John W. Gamble, Jr. sold 4,500 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $195.72, for a total transaction of $880,740.00. Following the sale, the executive vice president owned 58,921 shares in the company, valued at $11,532,018.12. This represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jamil Farshchi sold 1,167 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $199.87, for a total transaction of $233,248.29. Following the sale, the executive vice president directly owned 39,869 shares of the company’s stock, valued at $7,968,617.03. This trade represents a 2.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 49,671 shares of company stock worth $9,960,181. 1.40% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Several equities analysts have commented on EFX shares. The Goldman Sachs Group dropped their target price on shares of Equifax from $235.00 to $208.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Robert W. Baird set a $250.00 price objective on Equifax in a research report on Thursday, February 5th. Argus raised Equifax to a “hold” rating in a research report on Monday, March 2nd. Morgan Stanley reduced their price target on shares of Equifax from $269.00 to $244.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus lowered their price objective on shares of Equifax from $253.00 to $235.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $238.57.
View Our Latest Report on Equifax
Equifax Company Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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