753 Shares in Equifax Inc. (NYSE:EFX) Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC bought a new position in shares of Equifax Inc. (NYSE:EFX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 753 shares of the credit services provider’s stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. ASB Consultores LLC purchased a new position in Equifax in the third quarter valued at approximately $225,000. QRG Capital Management Inc. purchased a new position in shares of Equifax in the 3rd quarter valued at $313,000. Asset Management One Co. Ltd. lifted its position in Equifax by 0.5% in the third quarter. Asset Management One Co. Ltd. now owns 96,204 shares of the credit services provider’s stock valued at $28,271,000 after acquiring an additional 432 shares during the last quarter. National Pension Service grew its holdings in shares of Equifax by 4.5% during the third quarter. National Pension Service now owns 166,004 shares of the credit services provider’s stock worth $48,782,000 after purchasing an additional 7,107 shares during the last quarter. Finally, Intact Investment Management Inc. purchased a new stake in shares of Equifax in the 3rd quarter valued at about $73,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the sale, the chief executive officer now owns 109,183 shares in the company, valued at $29,532,909.67. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the sale, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.57% of the company’s stock.

Equifax Trading Up 0.0 %

Shares of Equifax stock opened at $270.99 on Tuesday. Equifax Inc. has a 1 year low of $182.01 and a 1 year high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50 day moving average price of $285.65 and a 200 day moving average price of $266.47. The company has a market capitalization of $33.59 billion, a P/E ratio of 60.22, a P/E/G ratio of 2.55 and a beta of 1.59.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.76 earnings per share. Sell-side analysts anticipate that Equifax Inc. will post 7.29 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, November 22nd. Equifax’s dividend payout ratio is presently 34.67%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EFX. Citigroup increased their price objective on Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. UBS Group started coverage on Equifax in a report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price target for the company. JPMorgan Chase & Co. upped their price objective on shares of Equifax from $300.00 to $304.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. The Goldman Sachs Group lifted their target price on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Finally, Robert W. Baird lifted their price objective on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $310.47.

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.