Sone Capital Management LLC acquired a new position in shares of Equifax, Inc. (NYSE:EFX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,945 shares of the credit services provider’s stock, valued at approximately $2,372,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in EFX. Brighton Jones LLC boosted its holdings in Equifax by 49.2% in the 4th quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock worth $927,000 after buying an additional 1,200 shares during the last quarter. Great Lakes Advisors LLC purchased a new stake in Equifax during the 1st quarter worth approximately $204,000. Empowered Funds LLC raised its holdings in shares of Equifax by 14.6% during the first quarter. Empowered Funds LLC now owns 2,523 shares of the credit services provider’s stock valued at $615,000 after acquiring an additional 321 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Equifax by 14.5% during the second quarter. First Trust Advisors LP now owns 7,632 shares of the credit services provider’s stock valued at $1,979,000 after acquiring an additional 966 shares during the last quarter. Finally, AXA S.A. lifted its position in shares of Equifax by 699.9% in the second quarter. AXA S.A. now owns 8,671 shares of the credit services provider’s stock valued at $2,249,000 after acquiring an additional 7,587 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.
Equifax Price Performance
EFX stock opened at $194.54 on Tuesday. Equifax, Inc. has a 1 year low of $150.74 and a 1 year high of $271.84. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a market capitalization of $22.86 billion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. The business has a 50 day simple moving average of $172.75 and a 200-day simple moving average of $178.11.
Equifax Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 31st. Equifax’s payout ratio is currently 39.37%.
Insider Buying and Selling at Equifax
In other news, CEO Mark W. Begor sold 37,791 shares of the business’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. The trade was a 12.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.
Analyst Upgrades and Downgrades
EFX has been the topic of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $182.00 price target on shares of Equifax in a research note on Tuesday, July 21st. Barclays reduced their price objective on Equifax from $215.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Needham & Company LLC lowered their target price 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. BNP Paribas Exane dropped their target price on shares of Equifax from $195.00 to $185.00 and set a “neutral” rating for the company in a report on Thursday, June 18th. Finally, Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $216.89.
View Our Latest Analysis on EFX
Equifax Company 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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