Empowered Funds LLC acquired a new position in Equifax, Inc. (NYSE:EFX – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,945 shares of the credit services provider’s stock, valued at approximately $2,531,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of EFX. Brighton Jones LLC grew its position in Equifax by 49.2% in the 4th quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after acquiring an additional 1,200 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in shares of Equifax during the first quarter worth $204,000. First Trust Advisors LP boosted its stake in shares of Equifax by 14.5% during the second quarter. First Trust Advisors LP now owns 7,632 shares of the credit services provider’s stock valued at $1,979,000 after purchasing an additional 966 shares during the period. AXA S.A. boosted its stake in shares of Equifax by 699.9% during the second quarter. AXA S.A. now owns 8,671 shares of the credit services provider’s stock valued at $2,249,000 after purchasing an additional 7,587 shares during the period. Finally, Qube Research & Technologies Ltd bought a new position in shares of Equifax in the second quarter worth about $20,455,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Equifax Stock Down 0.3%
NYSE:EFX opened at $185.58 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. Equifax, Inc. has a 1-year low of $150.74 and a 1-year high of $271.84. The company has a 50-day moving average of $177.42 and a 200 day moving average of $177.92. The firm has a market cap of $21.80 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 1.80 and a beta of 1.31.
Equifax Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Equifax’s dividend payout ratio (DPR) is presently 39.37%.
Analyst Upgrades and Downgrades
EFX has been the topic of several recent analyst reports. Citigroup decreased their price objective on shares of Equifax from $238.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Bank of America dropped their target price on shares of Equifax from $250.00 to $225.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Needham & Company LLC reduced their target price on shares of Equifax from $265.00 to $245.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Royal Bank Of Canada decreased their price target on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Equifax from $230.00 to $210.00 in a report on Wednesday, July 22nd. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Equifax currently has a consensus rating of “Moderate Buy” and a consensus price target of $215.16.
Read Our Latest Stock Analysis on Equifax
Insider Buying and Selling
In related news, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the completion of the transaction, the chief executive officer owned 271,890 shares of the company’s stock, valued at $46,808,582.40. The trade was a 12.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by company insiders.
About Equifax
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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