Truist Financial Corp Has $14.88 Million Stake in Equifax Inc. (NYSE:EFX)

Truist Financial Corp lifted its holdings in shares of Equifax Inc. (NYSE:EFX) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,370 shares of the credit services provider’s stock after buying an additional 1,460 shares during the quarter. Truist Financial Corp’s holdings in Equifax were worth $14,876,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of EFX. Exchange Traded Concepts LLC acquired a new stake in shares of Equifax during the 3rd quarter worth approximately $48,000. Blue Trust Inc. grew its position in shares of Equifax by 178.8% during the 3rd quarter. Blue Trust Inc. now owns 435 shares of the credit services provider’s stock worth $128,000 after buying an additional 279 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after buying an additional 231 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of Equifax by 154.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 756 shares of the credit services provider’s stock worth $222,000 after buying an additional 459 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in shares of Equifax by 34.8% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,454 shares of the credit services provider’s stock worth $427,000 after buying an additional 375 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

EFX has been the topic of several recent analyst reports. William Blair reissued an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. JPMorgan Chase & Co. reduced their price objective on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. Needham & Company LLC reduced their price objective on shares of Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. UBS Group reduced their price objective on shares of Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Finally, Argus lowered shares of Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $301.13.

Insider Transactions at Equifax

In related news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the transaction, the executive vice president now directly owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.57% of the stock is currently owned by insiders.

Equifax Stock Performance

Shares of EFX stock opened at $240.79 on Friday. The company’s fifty day simple moving average is $258.66 and its 200-day simple moving average is $273.21. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The firm has a market cap of $29.85 billion, a PE ratio of 49.85, a P/E/G ratio of 2.85 and a beta of 1.58. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Equities research analysts expect that Equifax Inc. will post 7.57 EPS for the current fiscal year.

Equifax Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio is presently 32.30%.

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.