Tidal Investments LLC Has $1.73 Million Stock Holdings in Equifax Inc. (NYSE:EFX)

Tidal Investments LLC boosted its position in Equifax Inc. (NYSE:EFX) by 17.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,872 shares of the credit services provider’s stock after purchasing an additional 855 shares during the period. Tidal Investments LLC’s holdings in Equifax were worth $1,726,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Blue Trust Inc. lifted its position in Equifax by 271.4% during the second quarter. Blue Trust Inc. now owns 156 shares of the credit services provider’s stock worth $42,000 after acquiring an additional 114 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Equifax by 3.1% during the second quarter. Fifth Third Bancorp now owns 2,998 shares of the credit services provider’s stock worth $727,000 after buying an additional 89 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in shares of Equifax during the second quarter worth $245,000. &PARTNERS lifted its holdings in shares of Equifax by 222.7% during the second quarter. &PARTNERS now owns 4,186 shares of the credit services provider’s stock worth $1,015,000 after purchasing an additional 2,889 shares during the period. Finally, Premier Path Wealth Partners LLC lifted its holdings in shares of Equifax by 13.7% during the second quarter. Premier Path Wealth Partners LLC now owns 5,517 shares of the credit services provider’s stock worth $1,338,000 after purchasing an additional 663 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 58,304 shares of the firm’s 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 sale, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This trade represents a 34.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was 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 directly owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. This represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 59,855 shares of company stock valued at $16,187,044 in the last quarter. Company insiders own 1.57% of the company’s stock.

Wall Street Analyst Weigh In

EFX has been the topic of several recent analyst reports. Morgan Stanley upgraded shares of Equifax from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $275.00 to $320.00 in a report on Thursday, December 12th. Needham & Company LLC reissued a “buy” rating and set a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. The Goldman Sachs Group boosted their target price on shares of Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. UBS Group initiated coverage on shares of Equifax in a research report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective for the company. Finally, Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research note on Friday, October 18th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $311.39.

Equifax Price Performance

EFX stock opened at $273.65 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Equifax Inc. has a 52 week low of $213.02 and a 52 week high of $309.63. The firm’s fifty day moving average is $267.36 and its 200 day moving average is $270.89. The firm has a market cap of $33.92 billion, a P/E ratio of 60.81, a P/E/G ratio of 3.26 and a beta of 1.57.

Equifax (NYSE:EFX) last released its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.76 EPS. Research analysts predict that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.56 annualized dividend and a yield of 0.57%. Equifax’s payout ratio is currently 34.67%.

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.