Equifax Inc. (NYSE:EFX) Shares Sold by Ninety One North America Inc.

Ninety One North America Inc. trimmed its holdings in shares of Equifax Inc. (NYSE:EFX) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,575 shares of the credit services provider’s stock after selling 468 shares during the period. Ninety One North America Inc.’s holdings in Equifax were worth $911,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. International Assets Investment Management LLC boosted its position in Equifax by 76,913.8% during the third 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 during the last quarter. FMR LLC boosted its position in Equifax by 37.4% during the third quarter. FMR LLC now owns 3,233,744 shares of the credit services provider’s stock worth $950,268,000 after acquiring an additional 880,162 shares during the last quarter. Franklin Resources Inc. boosted its position in Equifax by 34.2% during the third quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider’s stock worth $251,480,000 after acquiring an additional 220,109 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Equifax by 5,123.0% during the third quarter. Assenagon Asset Management S.A. now owns 115,114 shares of the credit services provider’s stock worth $33,827,000 after acquiring an additional 112,910 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Equifax by 13.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 767,136 shares of the credit services provider’s stock valued at $225,431,000 after purchasing an additional 88,895 shares during the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Equifax

In related news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now owns 11,697 shares of the company’s stock, valued at $3,045,781.83. This represents a 4.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.66% of the company’s stock.

Equifax Price Performance

EFX opened at $266.70 on Tuesday. The company has a 50-day moving average of $261.32 and a 200-day moving average of $275.08. The company has a market capitalization of $33.06 billion, a P/E ratio of 59.26, a PEG ratio of 2.84 and a beta of 1.58. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date was Friday, November 22nd. Equifax’s payout ratio is currently 34.67%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EFX. Jefferies Financial Group reduced their target price on shares of Equifax from $340.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company reduced their target price on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating on the stock in a report on Monday. BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 target price on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. dropped their price target on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. Finally, Stifel Nicolaus dropped their price target on shares of Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Two analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $310.41.

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.