Quantbot Technologies LP acquired a new position in Equifax, Inc. (NYSE:EFX – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,945 shares of the credit services provider’s stock, valued at approximately $467,000.
Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in shares of Equifax in the fourth quarter worth about $25,000. Ameriflex Group Inc. boosted its holdings in Equifax by 612.5% in the fourth quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock valued at $25,000 after purchasing an additional 98 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Equifax during the 4th quarter valued at approximately $26,000. Reflection Asset Management purchased a new stake in Equifax during the 4th quarter worth approximately $26,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Equifax during the 3rd quarter worth approximately $34,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Equifax Price Performance
Shares of EFX opened at $194.35 on Friday. Equifax, Inc. has a 12 month low of $150.74 and a 12 month 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 stock has a fifty day moving average price of $175.50 and a 200 day moving average price of $178.27. The company has a market cap of $22.83 billion, a P/E ratio of 34.16, a PEG ratio of 1.52 and a beta of 1.30.
Equifax Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.56 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.24 annualized dividend and a yield of 1.2%. Equifax’s dividend payout ratio is 39.37%.
Analysts Set New Price Targets
EFX has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $182.00 target price on shares of Equifax in a research note on Tuesday, July 21st. Morgan Stanley dropped their price target on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Wells Fargo & Company cut their price target on shares of Equifax from $220.00 to $212.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Rothschild & Co Redburn upgraded shares of Equifax from a “neutral” rating to a “buy” rating and increased their price objective for the company from $214.00 to $235.00 in a research note on Friday, August 21st. Finally, 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 research report on Thursday, June 18th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.89.
Get Our Latest Stock Report on Equifax
Insider Activity at Equifax
In other news, CEO Mark W. Begor sold 37,791 shares of Equifax stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Equifax
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
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.
