TCV Trust & Wealth Management Inc. Acquires 300 Shares of Equifax Inc. (NYSE:EFX)

TCV Trust & Wealth Management Inc. boosted its stake in shares of Equifax Inc. (NYSE:EFX) by 18.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,900 shares of the credit services provider’s stock after purchasing an additional 300 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Equifax were worth $484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of EFX. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Equifax by 39.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock worth $2,775,000 after buying an additional 3,043 shares during the last quarter. Barclays PLC lifted its position in Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after acquiring an additional 5,097 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Equifax by 3.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after acquiring an additional 231 shares during the period. Intech Investment Management LLC grew its position in shares of Equifax by 84.1% in the third quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock valued at $2,016,000 after purchasing an additional 3,135 shares during the last quarter. Finally, NS Partners Ltd grew its position in shares of Equifax by 2.3% in the third quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider’s stock valued at $27,920,000 after purchasing an additional 2,094 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. William Blair restated an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. JPMorgan Chase & Co. reduced their target price on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a research report on Tuesday, November 19th. Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price objective for the company in a research note on Monday, December 16th. Finally, UBS Group decreased their target price on shares of Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $301.69.

Equifax Stock Up 0.1 %

NYSE EFX opened at $253.16 on Wednesday. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The business has a fifty day moving average price of $260.86 and a two-hundred day moving average price of $274.69. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The stock has a market capitalization of $31.38 billion, a PE ratio of 52.41, a PEG ratio of 3.00 and a beta of 1.58.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, hitting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Equities analysts expect that Equifax Inc. will post 7.45 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.

Insider Activity at Equifax

In related news, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the sale, the executive vice president now owns 11,697 shares of the company’s stock, valued at $3,045,781.83. This trade represents a 4.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.57% of the stock is currently owned by insiders.

Equifax 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.