EverSource Wealth Advisors LLC Grows Stock Position in Equifax Inc. (NYSE:EFX)

EverSource Wealth Advisors LLC lifted its stake in shares of Equifax Inc. (NYSE:EFX) by 15.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,791 shares of the credit services provider’s stock after buying an additional 240 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Equifax were worth $479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Parnassus Investments LLC grew its holdings in Equifax by 1,740.8% in the fourth quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider’s stock valued at $515,817,000 after purchasing an additional 1,972,564 shares during the last quarter. Norges Bank acquired a new stake in Equifax in the fourth quarter valued at $204,218,000. Price T Rowe Associates Inc. MD boosted its stake in shares of 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 valued at $405,051,000 after acquiring an additional 633,887 shares during the last quarter. Boston Partners acquired a new stake in shares of Equifax during the fourth quarter valued at $154,667,000. Finally, Artisan Partners Limited Partnership acquired a new stake in shares of Equifax during the fourth quarter valued at $126,794,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wolfe Research assumed coverage on Equifax in a research note on Tuesday, July 9th. They set an “outperform” rating and a $275.00 price objective on the stock. Oppenheimer increased their price objective on Equifax from $272.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Robert W. Baird increased their price objective on Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Bank of America increased their price objective on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Needham & Company LLC increased their target price on Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $287.00.

Equifax Stock Up 0.9 %

Shares of NYSE:EFX traded up $2.53 during mid-day trading on Friday, hitting $284.63. 1,464,955 shares of the company traded hands, compared to its average volume of 714,422. The firm has a market cap of $35.22 billion, a P/E ratio of 63.39, a PEG ratio of 1.92 and a beta of 1.56. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. Equifax Inc. has a 52-week low of $159.95 and a 52-week high of $287.14. The firm’s 50 day simple moving average is $248.25 and its 200 day simple moving average is $249.11.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.73 by $0.09. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The company’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the business posted $1.71 EPS. On average, equities analysts anticipate that Equifax Inc. will post 7.34 EPS for the current year.

Insider Buying and Selling at Equifax

In other Equifax news, Director Karen L. Fichuk acquired 415 shares of the stock in a transaction on Thursday, May 9th. The stock was purchased at an average price of $238.77 per share, for a total transaction of $99,089.55. Following the purchase, the director now directly owns 3,305 shares in the company, valued at $789,134.85. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Equifax news, SVP James M. Griggs sold 2,410 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $238.60, for a total transaction of $575,026.00. Following the completion of the sale, the senior vice president now owns 5,001 shares in the company, valued at approximately $1,193,238.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Karen L. Fichuk bought 415 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was purchased at an average price of $238.77 per share, with a total value of $99,089.55. Following the transaction, the director now owns 3,305 shares in the company, valued at approximately $789,134.85. The disclosure for this purchase can be found here. Insiders sold a total of 11,238 shares of company stock worth $2,647,378 in the last 90 days. 1.57% of the stock is owned by corporate 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.