Chevy Chase Trust Holdings LLC Has $19.61 Million Holdings in Equifax Inc. (NYSE:EFX)

Chevy Chase Trust Holdings LLC decreased its position in shares of Equifax Inc. (NYSE:EFX) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,725 shares of the credit services provider’s stock after selling 1,165 shares during the period. Chevy Chase Trust Holdings LLC owned 0.05% of Equifax worth $19,608,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EFX. Tidal Investments LLC raised its position in Equifax by 8.0% in the 1st quarter. Tidal Investments LLC now owns 1,611 shares of the credit services provider’s stock worth $431,000 after purchasing an additional 119 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Equifax by 183.0% in the first quarter. Cetera Investment Advisers now owns 17,015 shares of the credit services provider’s stock worth $4,552,000 after purchasing an additional 11,002 shares in the last quarter. Cetera Advisors LLC grew its stake in Equifax by 75.5% in the first quarter. Cetera Advisors LLC now owns 2,269 shares of the credit services provider’s stock valued at $607,000 after purchasing an additional 976 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of Equifax by 16.0% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 507 shares of the credit services provider’s stock valued at $123,000 after purchasing an additional 70 shares during the period. Finally, Mather Group LLC. increased its holdings in shares of Equifax by 41.4% in the second quarter. Mather Group LLC. now owns 625 shares of the credit services provider’s stock valued at $167,000 after purchasing an additional 183 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on EFX shares. Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research report on Friday, October 18th. UBS Group started coverage on shares of Equifax in a research report on Tuesday, October 1st. They set a “buy” rating and a $360.00 target price for the company. Morgan Stanley upped their price objective on shares of Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday, September 12th. Barclays increased their price objective on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Finally, Stifel Nicolaus decreased their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. Four analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $306.74.

Insider Buying and Selling

In other news, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the transaction, the executive vice president now directly owns 11,269 shares in the company, valued at approximately $3,075,535.48. This trade represents a 8.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the sale, the executive vice president now directly owns 11,697 shares of the company’s stock, valued at $3,045,781.83. The trade was a 4.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 59,855 shares of company stock valued at $16,187,044. 1.66% of the stock is owned by company insiders.

Equifax Price Performance

Shares of Equifax stock opened at $261.17 on Wednesday. The company has a market cap of $32.37 billion, a PE ratio of 58.04, a P/E/G ratio of 3.21 and a beta of 1.57. The business has a 50 day moving average of $272.90 and a 200 day moving average of $268.83. Equifax Inc. has a 52 week low of $213.02 and a 52 week high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96.

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. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the business earned $1.76 EPS. Equifax’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, equities research analysts forecast that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.60%. Equifax’s dividend payout ratio is currently 34.67%.

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.