BBR Partners LLC Has $438,000 Position in Equifax Inc. (NYSE:EFX)

BBR Partners LLC decreased its position in shares of Equifax Inc. (NYSE:EFX) by 9.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,805 shares of the credit services provider’s stock after selling 195 shares during the period. BBR Partners LLC’s holdings in Equifax were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Equifax by 1.1% during 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 purchasing an additional 3,164 shares during the last quarter. Weitz Investment Management Inc. increased its holdings in shares of Equifax by 5.1% during the fourth quarter. Weitz Investment Management Inc. now owns 153,500 shares of the credit services provider’s stock worth $37,959,000 after buying an additional 7,500 shares in the last quarter. Nomura Holdings Inc. bought a new position in shares of Equifax in the 4th quarter valued at $917,000. Bridgefront Capital LLC acquired a new stake in shares of Equifax during the 4th quarter valued at $1,274,000. Finally, BNP Paribas Financial Markets grew its position in Equifax by 16.7% during the 4th quarter. BNP Paribas Financial Markets now owns 102,136 shares of the credit services provider’s stock worth $25,257,000 after acquiring an additional 14,629 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

Equifax Price Performance

Shares of EFX opened at $296.53 on Friday. The business’s fifty day moving average is $275.66 and its 200 day moving average is $256.73. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $308.54. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. The stock has a market cap of $36.65 billion, a P/E ratio of 66.04, a P/E/G ratio of 2.10 and a beta of 1.56.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.42 billion. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $1.71 earnings per share. Sell-side analysts anticipate that Equifax Inc. will post 7.32 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. Equifax’s dividend payout ratio is presently 34.74%.

Analysts Set New Price Targets

Several analysts have recently weighed in on EFX shares. JPMorgan Chase & Co. boosted their price target on Equifax from $273.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. Bank of America upped their price target on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Citigroup raised their price target on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Stifel Nicolaus boosted their price objective on shares of Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Finally, Wolfe Research started coverage on Equifax in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $275.00 price target on the stock. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $292.00.

Insider Activity

In other Equifax news, EVP Carla Chaney sold 3,000 shares of Equifax stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the transaction, the executive vice president now directly owns 10,875 shares of the company’s stock, valued at approximately $3,065,118.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.57% of the company’s stock.

About Equifax

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.