Principal Financial Group Inc. Purchases 4,506 Shares of Equifax, Inc. (EFX)

Principal Financial Group Inc. boosted its position in Equifax, Inc. (NYSE:EFX) by 2.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 190,026 shares of the credit services provider’s stock after buying an additional 4,506 shares during the quarter. Principal Financial Group Inc. owned approximately 0.16% of Equifax worth $26,113,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Capital Analysts LLC raised its position in Equifax by 4.4% in the 2nd quarter. Capital Analysts LLC now owns 22,024 shares of the credit services provider’s stock valued at $3,027,000 after buying an additional 937 shares during the last quarter. Girard Partners LTD. raised its position in Equifax by 9.8% in the 2nd quarter. Girard Partners LTD. now owns 4,608 shares of the credit services provider’s stock valued at $633,000 after buying an additional 412 shares during the last quarter. Brighton Jones LLC raised its position in Equifax by 0.3% in the 2nd quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after buying an additional 8 shares during the last quarter. Pacer Advisors Inc. raised its position in Equifax by 8.7% in the 2nd quarter. Pacer Advisors Inc. now owns 2,500 shares of the credit services provider’s stock valued at $344,000 after buying an additional 200 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Equifax by 15.0% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 28,900 shares of the credit services provider’s stock valued at $3,971,000 after buying an additional 3,780 shares during the last quarter. 90.02% of the stock is currently owned by institutional investors and hedge funds.

In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the sale, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at $6,126,556.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the completion of the sale, the insider now directly owns 43,648 shares of the company’s stock, valued at $6,359,513.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,219 shares of company stock valued at $1,780,938. Company insiders own 1.29% of the company’s stock.

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Equifax, Inc. (NYSE EFX) opened at 123.23 on Monday. Equifax, Inc. has a 52-week low of $110.87 and a 52-week high of $147.02. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 26.10 and a beta of 0.93. The firm’s 50 day moving average price is $142.22 and its 200 day moving average price is $137.96.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.57 by $0.03. The firm had revenue of $856.70 million during the quarter, compared to the consensus estimate of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. Equities research analysts anticipate that Equifax, Inc. will post $6.08 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is presently 33.05%.

A number of equities research analysts recently issued reports on the company. Morgan Stanley dropped their target price on Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a research report on Friday. Cowen and Company reissued a “buy” rating and issued a $151.00 target price on shares of Equifax in a research report on Friday, July 28th. Deutsche Bank AG reissued a “buy” rating and issued a $160.00 target price (up previously from $140.00) on shares of Equifax in a research report on Thursday, July 27th. Finally, BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $147.50.

Equifax Profile

Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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