Equifax Inc. (NYSE:EFX) Shares Sold by Swiss National Bank

Swiss National Bank lessened its position in Equifax Inc. (NYSE:EFX) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 383,800 shares of the credit services provider’s stock after selling 11,100 shares during the period. Swiss National Bank’s holdings in Equifax were worth $94,910,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. New York State Common Retirement Fund grew its stake in Equifax by 2.7% in the 4th quarter. New York State Common Retirement Fund now owns 330,453 shares of the credit services provider’s stock worth $81,718,000 after acquiring an additional 8,668 shares during the period. OLD National Bancorp IN lifted its stake in shares of Equifax by 11.5% during the 4th quarter. OLD National Bancorp IN now owns 62,249 shares of the credit services provider’s stock worth $15,394,000 after purchasing an additional 6,418 shares during the period. Tobam boosted its holdings in shares of Equifax by 37.2% during the fourth quarter. Tobam now owns 568 shares of the credit services provider’s stock worth $140,000 after purchasing an additional 154 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Equifax in the fourth quarter valued at $41,000. Finally, Parnassus Investments LLC grew its position in shares of Equifax by 38.8% in the third quarter. Parnassus Investments LLC now owns 113,315 shares of the credit services provider’s stock valued at $20,757,000 after purchasing an additional 31,686 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Bank of America decreased their price target on Equifax from $300.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, April 19th. Stifel Nicolaus raised their target price on shares of Equifax from $208.00 to $289.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Evercore ISI upgraded shares of Equifax from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $210.00 to $310.00 in a report on Tuesday, February 13th. Truist Financial increased their price target on shares of Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Needham & Company LLC reissued a “buy” rating and set a $305.00 price objective on shares of Equifax in a research note on Thursday, April 18th. Four research 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $270.19.

Insider Buying and Selling at Equifax

In related news, EVP Rodolfo O. Ploder sold 14,097 shares of Equifax 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 completion of the sale, the executive vice president now owns 75,964 shares in the company, valued at $17,126,083.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Mark W. Begor sold 58,300 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $13,143,735.00. Following the completion of the sale, the chief executive officer now directly owns 109,220 shares in the company, valued at approximately $24,623,649. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rodolfo O. Ploder sold 14,097 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $3,178,168.65. Following the transaction, the executive vice president now owns 75,964 shares in the company, valued at $17,126,083.80. The disclosure for this sale can be found here. 1.57% of the stock is owned by insiders.

Equifax Stock Up 1.1 %

NYSE EFX opened at $227.05 on Friday. The stock has a market cap of $28.07 billion, a PE ratio of 50.57, a P/E/G ratio of 1.96 and a beta of 1.54. The business has a 50 day moving average price of $250.99 and a two-hundred day moving average price of $234.48. Equifax Inc. has a fifty-two week low of $159.95 and a fifty-two week high of $275.10. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.40 billion. The business’s revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned $1.43 EPS. As a group, sell-side analysts predict that Equifax Inc. will post 7.36 EPS for the current fiscal year.

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, May 23rd. Equifax’s dividend payout ratio is currently 34.74%.

Equifax Company Profile

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.