Olstein Capital Management L.P. decreased its stake in shares of Equifax Inc. (NYSE:EFX – Free Report) by 20.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,000 shares of the credit services provider’s stock after selling 2,000 shares during the period. Olstein Capital Management L.P.’s holdings in Equifax were worth $2,351,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in Equifax by 9.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,348 shares of the credit services provider’s stock worth $4,908,000 after purchasing an additional 1,603 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Equifax by 14.6% in the 1st quarter. Nordea Investment Management AB now owns 10,922 shares of the credit services provider’s stock worth $2,907,000 after buying an additional 1,390 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Equifax by 378.6% in the 1st quarter. Larson Financial Group LLC now owns 201 shares of the credit services provider’s stock valued at $54,000 after buying an additional 159 shares during the period. Howland Capital Management LLC bought a new stake in shares of Equifax during the 1st quarter valued at about $268,000. Finally, Empirical Finance LLC raised its stake in Equifax by 3.6% during the first quarter. Empirical Finance LLC now owns 4,392 shares of the credit services provider’s stock worth $1,175,000 after acquiring an additional 151 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Equifax Stock Up 1.9 %
Shares of NYSE:EFX traded up $5.04 on Thursday, reaching $269.25. The company had a trading volume of 40,739 shares, compared to its average volume of 855,535. The stock has a 50-day moving average price of $287.78 and a 200 day moving average price of $265.19. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a twelve month low of $180.31 and a twelve month high of $309.63. The stock has a market capitalization of $33.37 billion, a P/E ratio of 58.71, a P/E/G ratio of 2.49 and a beta of 1.59.
Equifax Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax’s payout ratio is 34.67%.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on EFX shares. Barclays upped their target price on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. JPMorgan Chase & Co. increased their target price on Equifax from $300.00 to $304.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Wells Fargo & Company reiterated a “buy” rating on shares of Equifax in a research note on Friday, October 18th. Robert W. Baird increased their price objective on shares of Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Finally, UBS Group started coverage on shares of Equifax in a research report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective on the stock. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $310.47.
Insider Activity
In related news, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the completion of the transaction, the chief executive officer now 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares in the company, valued at $3,075,535.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction that occurred 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 directly owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.66% of the stock is owned by company insiders.
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.
Recommended Stories
- Five stocks we like better than Equifax
- What is the Shanghai Stock Exchange Composite Index?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Transportation Stocks Investing
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Atlassian Is Up +60% in Three Months—What’s Causing the Rally?
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.