Premier Path Wealth Partners LLC Buys 663 Shares of Equifax Inc. (NYSE:EFX)

Premier Path Wealth Partners LLC raised its stake in Equifax Inc. (NYSE:EFX) by 13.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,517 shares of the credit services provider’s stock after buying an additional 663 shares during the period. Premier Path Wealth Partners LLC’s holdings in Equifax were worth $1,338,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in EFX. Wetzel Investment Advisors Inc. bought a new position in Equifax in the fourth quarter valued at $25,000. EntryPoint Capital LLC bought a new position in shares of Equifax during the 1st quarter valued at about $30,000. OFI Invest Asset Management bought a new position in shares of Equifax during the 1st quarter valued at about $31,000. First Community Trust NA purchased a new position in shares of Equifax during the 2nd quarter valued at about $33,000. Finally, Blue Trust Inc. lifted its position in Equifax by 271.4% in the 2nd quarter. Blue Trust Inc. now owns 156 shares of the credit services provider’s stock worth $42,000 after buying an additional 114 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Insider Transactions at Equifax

In related news, CFO John W. Gamble, Jr. sold 3,650 shares of Equifax stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $229.24, for a total transaction of $836,726.00. Following the sale, the chief financial officer now directly owns 62,219 shares in the company, valued at $14,263,083.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Equifax news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the transaction, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John W. Gamble, Jr. sold 3,650 shares of Equifax stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $229.24, for a total transaction of $836,726.00. Following the transaction, the chief financial officer now owns 62,219 shares of the company’s stock, valued at $14,263,083.56. The disclosure for this sale can be found here. Corporate insiders own 1.57% of the company’s stock.

Equifax Trading Up 1.9 %

Shares of Equifax stock traded up $5.72 during midday trading on Friday, reaching $302.17. 477,999 shares of the company’s stock traded hands, compared to its average volume of 824,969. The company has a market cap of $37.35 billion, a PE ratio of 67.30, a price-to-earnings-growth ratio of 1.92 and a beta of 1.56. The stock has a 50 day moving average of $263.01 and a 200-day moving average of $253.07. Equifax Inc. has a 12 month low of $159.95 and a 12 month high of $303.88. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the firm earned $1.71 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities analysts expect that Equifax Inc. will post 7.34 EPS for the current fiscal year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.52%. Equifax’s dividend payout ratio (DPR) is 34.74%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. The Goldman Sachs Group increased their price target on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research report on Tuesday. Needham & Company LLC lifted their target price on shares of Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Oppenheimer boosted their price target on shares of Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Bank of America raised their price objective on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, JPMorgan Chase & Co. boosted their target price on Equifax from $273.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $292.00.

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.