250 Shares in Equifax Inc. (NYSE:EFX) Acquired by Intact Investment Management Inc.

Intact Investment Management Inc. bought a new stake in shares of Equifax Inc. (NYSE:EFX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 250 shares of the credit services provider’s stock, valued at approximately $73,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC raised its stake in shares of Equifax by 76,913.8% during the 3rd quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock worth $282,212,000 after acquiring an additional 959,115 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Equifax by 72.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after purchasing an additional 633,887 shares during the last quarter. Capital International Investors boosted its position in shares of Equifax by 2.5% in the 1st quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock worth $3,757,425,000 after purchasing an additional 342,170 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Equifax by 4.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock worth $1,036,952,000 after buying an additional 200,665 shares during the last quarter. Finally, Ceredex Value Advisors LLC increased its position in Equifax by 127.1% during the 2nd quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock valued at $84,947,000 after buying an additional 196,106 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Stock Performance

NYSE EFX opened at $269.63 on Wednesday. The stock has a market capitalization of $33.42 billion, a price-to-earnings ratio of 59.92, a PEG ratio of 2.49 and a beta of 1.59. The stock has a 50-day moving average of $289.24 and a 200 day moving average of $264.82. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a twelve month low of $179.13 and a twelve month high of $309.63.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. The firm 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 firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.76 EPS. Sell-side analysts anticipate that Equifax Inc. will post 7.29 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax’s dividend payout ratio is presently 34.67%.

Analysts Set New Price Targets

EFX has been the topic of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $350.00 price target on shares of Equifax in a research note on Monday, October 28th. JPMorgan Chase & Co. lifted their price target on Equifax from $300.00 to $304.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Oppenheimer raised their price objective on Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Morgan Stanley upped their target price on Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a research report on Thursday, September 12th. Finally, Citigroup raised their price target on shares of Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $310.47.

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Mark W. Begor sold 58,304 shares of the company’s stock in a transaction on 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 $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the transaction, the executive vice president now directly owns 11,269 shares in the company, valued at approximately $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.66% of the stock is currently owned by insiders.

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.