TD Private Client Wealth LLC increased its position in Equifax, Inc. (NYSE:EFX – Free Report) by 25.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,907 shares of the credit services provider’s stock after buying an additional 2,627 shares during the period. TD Private Client Wealth LLC’s holdings in Equifax were worth $3,311,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of EFX. Country Trust Bank acquired a new position in Equifax in the 2nd quarter valued at $26,000. Ameritas Advisory Services LLC purchased a new position in Equifax during the second quarter worth about $31,000. Caldwell Trust Co acquired a new stake in Equifax in the 2nd quarter worth about $33,000. Spire Wealth Management grew its holdings in Equifax by 82.9% in the 3rd quarter. Spire Wealth Management now owns 128 shares of the credit services provider’s stock valued at $33,000 after buying an additional 58 shares during the period. Finally, State of Wyoming acquired a new position in shares of Equifax during the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 96.20% of the company’s stock.
Equifax Price Performance
Shares of NYSE EFX opened at $217.34 on Wednesday. Equifax, Inc. has a 1-year low of $199.98 and a 1-year high of $281.07. The business has a 50-day moving average of $214.08 and a 200-day moving average of $234.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $26.60 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 2.21 and a beta of 1.56.
Equifax Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 24th were paid a $0.50 dividend. The ex-dividend date was Monday, November 24th. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. Equifax’s dividend payout ratio is 37.95%.
Insiders Place Their Bets
In related news, CEO Mark W. Begor sold 21,386 shares of Equifax stock in a transaction on Monday, October 27th. The shares were sold at an average price of $231.12, for a total transaction of $4,942,732.32. Following the sale, the chief executive officer owned 22,045 shares of the company’s stock, valued at $5,095,040.40. The trade was a 49.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Jamil Farshchi sold 4,925 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $238.94, for a total transaction of $1,176,779.50. Following the completion of the transaction, the executive vice president owned 39,364 shares in the company, valued at $9,405,634.16. This represents a 11.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 54,270 shares of company stock valued at $12,580,837. Company insiders own 1.40% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on EFX shares. Morgan Stanley decreased their target price on shares of Equifax from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Bank of America dropped their price objective on Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, October 3rd. Seaport Res Ptn upgraded Equifax to a “hold” rating in a report on Wednesday, October 1st. Needham & Company LLC restated a “buy” rating and set a $295.00 price target on shares of Equifax in a research note on Tuesday, October 21st. Finally, BMO Capital Markets cut their price objective on Equifax from $245.00 to $234.00 and set a “market perform” rating on the stock in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $274.40.
Equifax Company Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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