Cetera Investment Advisers increased its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 16.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 28,013 shares of the credit services provider’s stock after purchasing an additional 3,901 shares during the period. Cetera Investment Advisers’ holdings in Equifax were worth $5,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in EFX. Cullen Frost Bankers Inc. acquired a new stake in shares of Equifax during the fourth quarter worth $25,000. Ameriflex Group Inc. lifted its position in shares of Equifax by 612.5% in the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after buying an additional 98 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Equifax in the 4th quarter valued at about $26,000. Reflection Asset Management acquired a new position in shares of Equifax in the 4th quarter valued at about $26,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Equifax during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 96.20% of the company’s stock.
Equifax Price Performance
Shares of NYSE:EFX opened at $174.20 on Tuesday. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of 30.62, a PEG ratio of 1.39 and a beta of 1.30. The stock’s 50 day moving average price is $167.88 and its 200 day moving average price is $180.75. 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 Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 22nd were given a $0.56 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.24 annualized dividend and a yield of 1.3%. Equifax’s payout ratio is 39.37%.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Needham & Company LLC dropped their price objective on shares of Equifax from $265.00 to $245.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Bank of America lowered their target price on Equifax from $250.00 to $225.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Robert W. Baird dropped their price target on Equifax from $245.00 to $232.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Citigroup cut their price target on Equifax from $256.00 to $238.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Finally, BMO Capital Markets reduced their price objective on Equifax from $195.00 to $179.00 and set a “market perform” rating for the company in a research report on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Equifax presently has a consensus rating of “Moderate Buy” and a consensus target price of $215.79.
View Our Latest Research Report on Equifax
Insider Activity
In other Equifax news, EVP Chad M. Borton sold 2,455 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $173.89, for a total value of $426,899.95. Following the completion of the sale, the executive vice president directly owned 29,518 shares of the company’s stock, valued at approximately $5,132,885.02. This represents a 7.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the transaction, the chief executive officer owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is currently owned by insiders.
Equifax 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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