Equifax Sees Unusually High Options Volume (EFX)
Equifax, Inc. (NYSE:EFX) was the recipient of unusually large options trading activity on Friday. Stock investors purchased 17,060 put options on the company. This represents an increase of approximately 111% compared to the typical daily volume of 8,085 put options.
EFX has been the topic of a number of research reports. Robert W. Baird reiterated a “buy” rating and set a $141.00 target price on shares of Equifax in a research report on Tuesday, September 12th. Royal Bank Of Canada dropped their target price on shares of Equifax from $154.00 to $113.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 19th. Morgan Stanley dropped their target price on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, September 8th. SunTrust Banks, Inc. boosted their target price on shares of Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. Finally, Evercore ISI reiterated an “outperform” rating and set a $110.00 target price (down previously from $174.00) on shares of Equifax in a research report on Saturday, September 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. Equifax currently has an average rating of “Buy” and an average target price of $133.31.
Shares of Equifax (NYSE:EFX) opened at 105.04 on Monday. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02. The stock has a 50 day moving average of $133.48 and a 200 day moving average of $136.54. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 22.25 and a beta of 0.93.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.03. The firm had revenue of $856.70 million during the quarter, compared to analyst estimates of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. Equifax’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. On average, equities analysts forecast that Equifax will post $6.00 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.49%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio is presently 33.05%.
In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total value of $946,400.00. Following the transaction, the chief financial officer now owns 42,078 shares in the company, valued at approximately $6,126,556.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Rodolfo O. Ploder sold 1,719 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total transaction of $250,458.30. Following the completion of the transaction, the insider now owns 43,648 shares in the company, valued at approximately $6,359,513.60. The disclosure for this sale can be found here. Insiders sold a total of 12,219 shares of company stock worth $1,780,938 in the last 90 days. Corporate insiders own 1.29% of the company’s stock.
A number of large investors have recently modified their holdings of EFX. YorkBridge Wealth Partners LLC raised its position in Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after buying an additional 37 shares during the last quarter. Sun Life Financial INC raised its position in Equifax by 9,722.2% in the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after buying an additional 875 shares during the last quarter. IFP Advisors Inc raised its position in Equifax by 24.6% in the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after buying an additional 183 shares during the last quarter. ETF Managers Group LLC purchased a new position in Equifax in the 2nd quarter worth about $137,000. Finally, SNS Financial Group LLC purchased a new position in Equifax in the 2nd quarter worth about $200,000. 90.00% of the stock is owned by institutional investors and hedge funds.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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