Swedbank AB Sells 6,039 Shares of Equifax Inc. (NYSE:EFX)

Swedbank AB lessened its position in shares of Equifax Inc. (NYSE:EFX) by 10.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,434 shares of the credit services provider’s stock after selling 6,039 shares during the period. Swedbank AB’s holdings in Equifax were worth $12,598,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in Equifax in the 3rd quarter valued at $29,000. Central Pacific Bank Trust Division bought a new stake in shares of Equifax in the fourth quarter valued at about $35,000. Exchange Traded Concepts LLC acquired a new position in shares of Equifax in the third quarter valued at about $48,000. Intact Investment Management Inc. bought a new position in Equifax during the third quarter worth about $73,000. Finally, Pinnacle Financial Partners Inc bought a new stake in Equifax in the 3rd quarter valued at about $85,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Equifax Stock Performance

Shares of Equifax stock opened at $274.69 on Friday. The company’s 50 day moving average price is $261.24 and its two-hundred day moving average price is $274.87. The firm has a market capitalization of $34.05 billion, a P/E ratio of 61.04, a P/E/G ratio of 2.80 and a beta of 1.57. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.57%. Equifax’s dividend payout ratio is currently 34.67%.

Insiders Place Their Bets

In other news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.57% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EFX shares. Jefferies Financial Group dropped their price target on shares of Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Stifel Nicolaus dropped their price objective on Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Wells Fargo & Company reduced their target price on Equifax from $325.00 to $321.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $350.00 price target on shares of Equifax in a research note on Monday, October 28th. Finally, Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. Two equities research 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $310.88.

Equifax 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.