Equifax (NYSE:EFX) EVP Sells 15,110 Shares of Stock

Equifax, Inc. (NYSE:EFX) EVP Jamil Farshchi sold 15,110 shares of Equifax stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $189.77, for a total transaction of $2,867,424.70. Following the completion of the transaction, the executive vice president directly owned 39,290 shares in the company, valued at approximately $7,456,063.30. The trade was a 27.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Equifax Stock Down 0.9%

Shares of Equifax stock traded down $1.60 on Thursday, hitting $186.81. The company had a trading volume of 823,214 shares, compared to its average volume of 1,753,042. The stock has a 50-day moving average of $166.22 and a 200-day moving average of $176.44. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.09 and a quick ratio of 1.09. Equifax, Inc. has a twelve month low of $137.01 and a twelve month high of $228.67. The firm has a market capitalization of $21.86 billion, a P/E ratio of 30.18, a P/E/G ratio of 1.93 and a beta of 1.27.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Tuesday, October 20th. The credit services provider reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.06. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.69 billion. Equifax had a net margin of 11.27% and a return on equity of 22.48%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business posted $2.04 earnings per share. Research analysts predict that Equifax, Inc. will post 8.50 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, November 25th will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, November 25th. Equifax’s payout ratio is currently 36.19%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EFX. Raiffeisen Bank International AG lifted its stake in Equifax by 1.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 3,590 shares of the credit services provider’s stock valued at $569,000 after purchasing an additional 53 shares during the last quarter. Axiom Investment Management LLC increased its position in Equifax by 8.9% during the third quarter. Axiom Investment Management LLC now owns 670 shares of the credit services provider’s stock worth $92,000 after buying an additional 55 shares during the last quarter. Aprio Wealth Management LLC raised its stake in Equifax by 6.2% in the third quarter. Aprio Wealth Management LLC now owns 1,682 shares of the credit services provider’s stock valued at $231,000 after buying an additional 98 shares during the period. Glenmede Trust Co. NA raised its stake in Equifax by 0.8% in the first quarter. Glenmede Trust Co. NA now owns 13,647 shares of the credit services provider’s stock valued at $2,457,000 after buying an additional 102 shares during the period. Finally, Empirical Finance LLC lifted its position in shares of Equifax by 3.4% in the second quarter. Empirical Finance LLC now owns 4,314 shares of the credit services provider’s stock valued at $685,000 after buying an additional 140 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lowered their price target on shares of Equifax from $212.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Equifax in a research note on Wednesday. BMO Capital Markets increased their price objective on shares of Equifax from $160.00 to $175.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 21st. Needham & Company LLC raised their price objective on Equifax from $190.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. Finally, Oppenheimer downgraded Equifax from an “outperform” rating to a “market perform” rating in a research report on Friday, October 16th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $200.55.

About Equifax

Equifax Inc. is a global data, analytics and technology company best known as one of the major consumer credit reporting agencies in the United States. The company traces its history to 1899, when it was founded as the Retail Credit Company, and adopted the Equifax name in 1975. Equifax provides consumer and business credit information, credit reports and scores, and tools for identity verification and fraud prevention. Its products also help businesses assess risk and make decisions about lending, customer relationships and marketing.