Tema Etfs LLC Makes New Investment in Equifax Inc. (NYSE:EFX)

Tema Etfs LLC bought a new stake in Equifax Inc. (NYSE:EFX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,354 shares of the credit services provider’s stock, valued at approximately $600,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its position in Equifax by 39.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock valued at $2,775,000 after buying an additional 3,043 shares in the last quarter. Barclays PLC lifted its position in Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock valued at $54,329,000 after purchasing an additional 5,097 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in Equifax by 11.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,585 shares of the credit services provider’s stock valued at $404,000 after purchasing an additional 158 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in Equifax during the fourth quarter valued at $3,572,000. Finally, Van ECK Associates Corp lifted its position in Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider’s stock valued at $412,239,000 after purchasing an additional 791,730 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Transactions at Equifax

In other Equifax news, EVP John W. Gamble, Jr. sold 2,000 shares of Equifax stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $259.10, for a total transaction of $518,200.00. Following the completion of the sale, the executive vice president now owns 65,176 shares of the company’s stock, valued at approximately $16,887,101.60. The trade was a 2.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mark W. Begor sold 22,160 shares of Equifax stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $256.61, for a total value of $5,686,477.60. Following the sale, the chief executive officer now directly owns 142,395 shares of the company’s stock, valued at approximately $36,539,980.95. This represents a 13.47% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.40% of the company’s stock.

Equifax Trading Up 1.3%

Shares of NYSE:EFX opened at $278.84 on Friday. Equifax Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The business’s fifty day simple moving average is $243.28 and its 200-day simple moving average is $252.60. The company has a market capitalization of $34.63 billion, a PE ratio of 57.73, a P/E/G ratio of 2.79 and a beta of 1.68. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Tuesday, April 22nd. The credit services provider reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.08. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, equities research analysts predict that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a $0.50 dividend. This is a boost from Equifax’s previous quarterly dividend of $0.39. The ex-dividend date is Friday, May 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.72%. Equifax’s dividend payout ratio (DPR) is presently 40.90%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Morgan Stanley lowered their price objective on Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Royal Bank of Canada restated an “outperform” rating and set a $300.00 price objective on shares of Equifax in a research report on Wednesday, April 23rd. UBS Group decreased their price objective on Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Oppenheimer reduced their price target on Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Finally, Stifel Nicolaus reduced their price target on Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $292.00.

Equifax Company Profile

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.