Equifax Inc. (NYSE:EFX) Shares Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC grew its stake in Equifax Inc. (NYSE:EFX) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,310 shares of the credit services provider’s stock after buying an additional 181 shares during the period. NewEdge Wealth LLC’s holdings in Equifax were worth $1,272,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Zions Bancorporation N.A. boosted its holdings in shares of Equifax by 1,087.5% in the 1st quarter. Zions Bancorporation N.A. now owns 190 shares of the credit services provider’s stock valued at $34,000 after buying an additional 174 shares in the last quarter. E Fund Management Co. Ltd. acquired a new position in shares of Equifax in the 1st quarter valued at $39,000. Quadrant Capital Group LLC boosted its holdings in shares of Equifax by 52.0% in the 1st quarter. Quadrant Capital Group LLC now owns 225 shares of the credit services provider’s stock valued at $41,000 after buying an additional 77 shares in the last quarter. CSat Investment Advisory L.P. boosted its holdings in shares of Equifax by 70.6% in the 1st quarter. CSat Investment Advisory L.P. now owns 232 shares of the credit services provider’s stock valued at $42,000 after buying an additional 96 shares in the last quarter. Finally, Point72 Hong Kong Ltd boosted its holdings in shares of Equifax by 199.4% in the 1st quarter. Point72 Hong Kong Ltd now owns 317 shares of the credit services provider’s stock valued at $57,000 after buying an additional 636 shares in the last quarter. Institutional investors and hedge funds own 90.80% of the company’s stock.

Equifax stock traded up $2.83 during trading hours on Thursday, reaching $265.51. 2,725 shares of the stock were exchanged, compared to its average volume of 701,181. The stock has a market cap of $32.35 billion, a P/E ratio of 45.21, a P/E/G ratio of 2.41 and a beta of 1.43. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.71 and a current ratio of 0.71. Equifax Inc. has a 52-week low of $135.98 and a 52-week high of $279.59. The firm’s 50 day moving average is $262.84 and its 200 day moving average is $232.54.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Tuesday, July 20th. The credit services provider reported $1.98 EPS for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.27. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.16 billion. Equifax had a net margin of 15.44% and a return on equity of 29.57%. Equifax’s quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 EPS. Equities research analysts expect that Equifax Inc. will post 7.45 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 17th. Stockholders of record on Tuesday, September 7th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, September 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. Equifax’s dividend payout ratio is presently 22.38%.

Several research analysts have recently issued reports on EFX shares. Morgan Stanley upped their target price on shares of Equifax from $241.00 to $253.00 and gave the company an “equal weight” rating in a report on Thursday. Needham & Company LLC increased their price target on shares of Equifax from $260.00 to $288.00 and gave the stock a “buy” rating in a research note on Thursday, July 22nd. The Goldman Sachs Group increased their price target on shares of Equifax from $241.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday, July 23rd. Zacks Investment Research cut shares of Equifax from a “buy” rating to a “hold” rating and set a $265.00 price target for the company. in a research note on Friday, July 23rd. Finally, Royal Bank of Canada increased their price target on shares of Equifax from $259.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 22nd. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $230.35.

In other news, insider Prasanna Dhore sold 2,001 shares of the stock in a transaction dated Wednesday, August 4th. The shares were sold at an average price of $257.49, for a total value of $515,237.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.03% of the company’s stock.

About Equifax

Equifax, Inc engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, Workforce Solutions, International, and Global Consumer Solutions. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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