Teachers Retirement System of The State of Kentucky decreased its holdings in Equifax Inc. (NYSE:EFX – Free Report) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,186 shares of the credit services provider’s stock after selling 595 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Equifax were worth $2,700,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. International Assets Investment Management LLC boosted its stake in shares of Equifax by 76,913.8% during the 3rd quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock valued at $282,212,000 after buying an additional 959,115 shares during the last quarter. FMR LLC boosted its stake in Equifax by 37.4% during the 3rd quarter. FMR LLC now owns 3,233,744 shares of the credit services provider’s stock valued at $950,268,000 after acquiring an additional 880,162 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Equifax by 4.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock worth $1,036,952,000 after acquiring an additional 200,665 shares in the last quarter. Ceredex Value Advisors LLC increased its position in shares of Equifax by 127.1% in the 2nd quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock worth $84,947,000 after purchasing an additional 196,106 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Equifax by 27.3% in the 2nd quarter. American Century Companies Inc. now owns 606,969 shares of the credit services provider’s stock valued at $147,166,000 after purchasing an additional 130,249 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Insider Buying and Selling
In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the sale, the chief executive officer now directly owns 109,183 shares in the company, valued at approximately $29,532,909.67. The trade was a 34.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the transaction, the executive vice president now owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 59,855 shares of company stock valued at $16,187,044 over the last quarter. Corporate insiders own 1.57% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on Equifax
Equifax Stock Up 0.2 %
Shares of Equifax stock opened at $265.81 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. The business’s fifty day moving average price is $267.78 and its two-hundred day moving average price is $270.29. The company has a market capitalization of $32.95 billion, a P/E ratio of 59.07, a PEG ratio of 3.26 and a beta of 1.57.
Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.76 earnings per share. As a group, research analysts forecast that Equifax Inc. will post 7.28 EPS for the current year.
Equifax Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were paid a dividend of $0.39 per share. The ex-dividend date was Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. Equifax’s dividend payout ratio is presently 34.67%.
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.
Featured Stories
- Five stocks we like better than Equifax
- Business Services Stocks Investing
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- How to Use Stock Screeners to Find Stocks
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Retail Stocks Investing, Explained
- Texas Instruments: The Old-School Tech Titan Still Delivering
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.