Universal Beteiligungs und Servicegesellschaft mbH lowered its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 5.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,562 shares of the credit services provider’s stock after selling 6,321 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Equifax were worth $27,639,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Equifax by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 14,708,331 shares of the credit services provider’s stock worth $3,582,361,000 after purchasing an additional 318,826 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Equifax by 40.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider’s stock valued at $1,714,129,000 after acquiring an additional 2,009,987 shares during the last quarter. Harris Associates L P grew its holdings in Equifax by 27.6% during the 1st quarter. Harris Associates L P now owns 4,570,557 shares of the credit services provider’s stock worth $1,113,205,000 after acquiring an additional 987,772 shares during the period. Geode Capital Management LLC raised its position in shares of Equifax by 2.5% during the 2nd quarter. Geode Capital Management LLC now owns 3,142,763 shares of the credit services provider’s stock valued at $811,650,000 after acquiring an additional 75,627 shares during the last quarter. Finally, Generation Investment Management LLP raised its position in shares of Equifax by 63.4% during the 1st quarter. Generation Investment Management LLP now owns 2,801,325 shares of the credit services provider’s stock valued at $682,291,000 after acquiring an additional 1,087,446 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
Equifax Stock Performance
Shares of Equifax stock opened at $204.88 on Tuesday. The firm has a market cap of $25.08 billion, a price-to-earnings ratio of 38.88, a price-to-earnings-growth ratio of 2.41 and a beta of 1.64. The stock’s 50-day moving average is $233.50 and its 200-day moving average is $248.58. Equifax, Inc. has a one year low of $199.98 and a one year high of $281.07. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74.
Equifax Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, November 24th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, November 24th. This represents a $2.00 annualized dividend and a yield of 1.0%. Equifax’s dividend payout ratio is presently 37.95%.
Insider Buying and Selling at Equifax
In other Equifax news, CEO Mark W. Begor sold 21,386 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $231.12, for a total value of $4,942,732.32. Following the completion of the transaction, the chief executive officer directly owned 22,045 shares in the company, valued at $5,095,040.40. This trade represents a 49.24% 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. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $238.94, for a total value of $1,176,779.50. Following the sale, the executive vice president owned 39,364 shares in the company, valued at approximately $9,405,634.16. This represents a 11.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,270 shares of company stock worth $12,580,837 over the last quarter. Company insiders own 1.40% of the company’s stock.
Analysts Set New Price Targets
EFX has been the subject of a number of analyst reports. Stifel Nicolaus decreased their price objective on Equifax from $295.00 to $253.00 and set a “buy” rating for the company in a research note on Wednesday, October 22nd. UBS Group boosted their target price on Equifax from $287.00 to $297.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Morgan Stanley reiterated an “overweight” rating on shares of Equifax in a research report on Friday, October 3rd. Bank of America decreased their price objective on shares of Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, October 3rd. Finally, Citigroup reduced their price target on shares of Equifax from $294.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Equifax currently has a consensus rating of “Moderate Buy” and a consensus price target of $277.13.
Read Our Latest Stock Report on EFX
Equifax Company Profile
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.
Further Reading
- Five stocks we like better than Equifax
- Comparing and Trading High PE Ratio Stocks
- Seagate Stock Could Soar as AI Drives Storage Demand
- NYSE Stocks Give Investors a Variety of Quality Options
- Whirlpool’s Worst May Be Over—Upside Opportunity Ahead
- What is the Nasdaq? Complete Overview with History
- These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.
