Moody National Bank Trust Division Invests $232,000 in Equifax Inc. (NYSE:EFX)

Moody National Bank Trust Division acquired a new position in shares of Equifax Inc. (NYSE:EFXGet Rating) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,271 shares of the credit services provider’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tcwp LLC acquired a new position in shares of Equifax during the first quarter worth approximately $41,000. San Luis Wealth Advisors LLC acquired a new position in shares of Equifax during the first quarter worth approximately $60,000. CVA Family Office LLC raised its holdings in Equifax by 88.0% during the first quarter. CVA Family Office LLC now owns 235 shares of the credit services provider’s stock worth $56,000 after purchasing an additional 110 shares in the last quarter. City State Bank bought a new stake in Equifax during the fourth quarter worth approximately $57,000. Finally, Tyler Stone Wealth Management bought a new stake in Equifax during the fourth quarter worth approximately $75,000. 91.81% of the stock is currently owned by institutional investors and hedge funds.

Equifax Price Performance

EFX opened at $177.84 on Wednesday. The stock has a fifty day moving average of $200.54 and a 200-day moving average of $204.24. The firm has a market capitalization of $21.77 billion, a P/E ratio of 29.25, a PEG ratio of 1.74 and a beta of 1.50. Equifax Inc. has a 12-month low of $169.25 and a 12-month high of $300.11. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.07.

Equifax (NYSE:EFXGet Rating) last released its earnings results on Wednesday, July 20th. The credit services provider reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.06. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Equifax had a return on equity of 26.69% and a net margin of 14.54%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.98 earnings per share. Equities analysts forecast that Equifax Inc. will post 7.66 EPS for the current fiscal year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Tuesday, September 6th were issued a $0.39 dividend. The ex-dividend date was Friday, September 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.88%. Equifax’s payout ratio is currently 25.66%.

Analyst Upgrades and Downgrades

EFX has been the topic of several recent analyst reports. Morgan Stanley cut Equifax from an “overweight” rating to an “equal weight” rating and set a $230.00 target price on the stock. in a report on Tuesday, August 16th. Credit Suisse Group dropped their target price on Equifax from $250.00 to $245.00 and set an “outperform” rating on the stock in a report on Thursday, July 21st. Truist Financial dropped their target price on Equifax from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, July 22nd. Atlantic Securities cut Equifax from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $210.00 to $225.00 in a report on Monday, August 15th. Finally, StockNews.com raised Equifax from a “sell” rating to a “hold” rating in a report on Friday, August 19th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.13.

About Equifax

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Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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