Equifax Inc. (NYSE:EFX) CEO Mark W. Begor Sells 58,304 Shares

Equifax Inc. (NYSE:EFX) CEO Mark W. Begor sold 58,304 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the sale, the chief executive officer now owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Equifax Trading Down 0.6 %

Shares of EFX traded down $1.55 during midday trading on Tuesday, hitting $268.47. 966,551 shares of the stock were exchanged, compared to its average volume of 852,434. The stock has a fifty day simple moving average of $292.51 and a 200 day simple moving average of $263.77. Equifax Inc. has a 52-week low of $159.95 and a 52-week high of $309.63. The firm has a market cap of $33.19 billion, a P/E ratio of 60.14, a P/E/G ratio of 2.56 and a beta of 1.58. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.79 and a current ratio of 0.88.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The business’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 earnings per share. On average, research analysts anticipate that Equifax Inc. will post 7.29 EPS for the current fiscal year.

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were given a $0.39 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a yield of 0.58%. Equifax’s dividend payout ratio is presently 34.74%.

Analyst Ratings Changes

EFX has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Equifax from $300.00 to $304.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Barclays raised their target price on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Citigroup boosted their price target on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. The Goldman Sachs Group raised their price objective 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. Finally, Oppenheimer boosted their target price on shares of Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $310.47.

Institutional Trading of Equifax

A number of large investors have recently modified their holdings of EFX. Vaughan Nelson Investment Management L.P. boosted its holdings in Equifax by 15.6% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 97,931 shares of the credit services provider’s stock valued at $26,199,000 after purchasing an additional 13,212 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Equifax by 1.1% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 292,914 shares of the credit services provider’s stock valued at $78,360,000 after buying an additional 3,164 shares during the period. Yoder Wealth Management Inc. purchased a new position in shares of Equifax in the 1st quarter valued at about $212,000. State of Alaska Department of Revenue grew its position in shares of Equifax by 0.5% during the first quarter. State of Alaska Department of Revenue now owns 13,371 shares of the credit services provider’s stock worth $3,577,000 after buying an additional 65 shares in the last quarter. Finally, Norden Group LLC purchased a new stake in shares of Equifax during the first quarter worth approximately $1,767,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Equifax Company 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.