Securian Asset Management Inc. reduced its position in Equifax, Inc. (NYSE:EFX – Free Report) by 2.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,450 shares of the credit services provider’s stock after selling 130 shares during the quarter. Securian Asset Management Inc.’s holdings in Equifax were worth $1,673,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in EFX. N.E.W. Advisory Services LLC purchased a new stake in Equifax in the 1st quarter valued at $28,000. Ameritas Advisory Services LLC purchased a new position in shares of Equifax during the 2nd quarter worth $31,000. Zions Bancorporation National Association UT acquired a new position in Equifax during the 1st quarter worth about $32,000. Adirondack Trust Co. acquired a new position in Equifax during the 2nd quarter worth about $59,000. Finally, Exchange Traded Concepts LLC lifted its stake in Equifax by 42.4% during the 1st quarter. Exchange Traded Concepts LLC now owns 272 shares of the credit services provider’s stock worth $66,000 after acquiring an additional 81 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.
Equifax Price Performance
EFX stock opened at $230.15 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $28.49 billion, a P/E ratio of 43.67, a P/E/G ratio of 2.64 and a beta of 1.68. The business’s 50-day moving average is $245.42 and its two-hundred day moving average is $250.61. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $281.07.
Equifax Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax’s dividend payout ratio (DPR) is 39.14%.
Insider Buying and Selling at Equifax
In other news, CEO Mark W. Begor sold 48,264 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the sale, the chief executive officer owned 142,872 shares of the company’s stock, valued at approximately $34,533,591.12. This trade represents a 25.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.40% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently issued reports on EFX. Barclays decreased their target price on Equifax from $260.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 23rd. Stifel Nicolaus decreased their target price on Equifax from $295.00 to $253.00 and set a “buy” rating on the stock in a research note on Wednesday. Citigroup decreased their target price on Equifax from $294.00 to $290.00 and set a “buy” rating on the stock in a research note on Wednesday, July 23rd. Oppenheimer began coverage on Equifax in a research report on Monday, October 13th. They issued an “outperform” rating and a $271.00 price target on the stock. Finally, JPMorgan Chase & Co. reduced their price target on Equifax from $277.00 to $272.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $277.13.
View Our Latest Stock Analysis on Equifax
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.
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