Jensen Investment Management Inc. Has $364.96 Million Holdings in Equifax Inc. (NYSE:EFX)

Jensen Investment Management Inc. decreased its position in Equifax Inc. (NYSE:EFX) by 17.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,241,945 shares of the credit services provider’s stock after selling 263,556 shares during the quarter. Equifax comprises approximately 3.1% of Jensen Investment Management Inc.’s investment portfolio, making the stock its 15th biggest position. Jensen Investment Management Inc. owned about 1.00% of Equifax worth $364,958,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Capital International Investors grew its holdings in shares of Equifax by 2.5% during 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. Vanguard Group Inc. boosted its position in shares of Equifax by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,033,448 shares of the credit services provider’s stock worth $3,754,228,000 after acquiring an additional 137,961 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Equifax by 4.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock valued at $1,036,952,000 after acquiring an additional 200,665 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in Equifax by 2.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,044,561 shares of the credit services provider’s stock valued at $738,184,000 after purchasing an additional 70,091 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in Equifax by 72.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock worth $405,051,000 after purchasing an additional 633,887 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Equifax Trading Up 0.5 %

Shares of Equifax stock traded up $1.44 on Friday, hitting $270.93. 656,955 shares of the company’s stock traded hands, compared to its average volume of 1,057,108. The company has a market capitalization of $33.58 billion, a price-to-earnings ratio of 60.21, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59. The company has a fifty day moving average of $286.38 and a two-hundred day moving average of $265.87. 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 Inc. has a one year low of $180.31 and a one year high of $309.63.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. Equifax’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.76 EPS. As a group, sell-side analysts expect that Equifax Inc. will post 7.29 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be given 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 dividend yield of 0.58%. Equifax’s dividend payout ratio (DPR) is presently 34.67%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. UBS Group started coverage on Equifax in a research report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 target price on the stock. BNP Paribas upgraded shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective for the company in a research report on Thursday, September 19th. Oppenheimer increased their price objective on shares of Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Citigroup boosted their target price on shares of Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Stifel Nicolaus increased their price target on Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $310.47.

Insider Activity

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 value of $15,770,648.96. Following the transaction, the chief executive officer now owns 109,183 shares in the company, valued at approximately $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 accessible through this hyperlink. In related news, EVP John J. Kelley III sold 1,000 shares of the 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 completion of the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the transaction, the chief executive officer now owns 109,183 shares in the company, valued at approximately $29,532,909.67. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company insiders.

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.