Signaturefd LLC Sells 3,274 Shares of Equifax Inc. (NYSE:EFX)

Signaturefd LLC lowered its position in shares of Equifax Inc. (NYSE:EFX) by 5.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 58,594 shares of the credit services provider’s stock after selling 3,274 shares during the period. Signaturefd LLC’s holdings in Equifax were worth $17,218,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position in shares of Equifax by 72.0% in 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 buying an additional 633,887 shares during the last quarter. Capital International Investors boosted its position 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 valued at $3,757,425,000 after purchasing an additional 342,170 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of 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 valued at $1,036,952,000 after purchasing an additional 200,665 shares in the last quarter. Ceredex Value Advisors LLC boosted its position in shares of 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 purchasing an additional 196,106 shares in the last quarter. Finally, 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 valued at $3,754,228,000 after purchasing an additional 137,961 shares in the last quarter. Institutional investors own 96.20% of the company’s stock.

Insider Activity

In related news, EVP Carla Chaney sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the transaction, the executive vice president now directly owns 10,875 shares in the company, valued at $3,065,118.75. The trade was 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. 1.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Robert W. Baird increased their price target on Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday. Bank of America increased their price target on Equifax from $255.00 to $286.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Oppenheimer increased their price target on Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. increased their price target on Equifax from $300.00 to $304.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Morgan Stanley increased their price target on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a report on Thursday, September 12th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, Equifax has a consensus rating of “Moderate Buy” and an average target price of $310.47.

Equifax Stock Performance

NYSE:EFX traded down $3.67 during trading hours on Tuesday, reaching $272.16. The stock had a trading volume of 358,598 shares, compared to its average volume of 845,922. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a 50 day simple moving average of $294.79 and a 200 day simple moving average of $263.21. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $309.63. The stock has a market cap of $33.64 billion, a P/E ratio of 60.75, a price-to-earnings-growth ratio of 2.00 and a beta of 1.58.

Equifax (NYSE:EFX) last released its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the business posted $1.76 earnings per share. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, research analysts forecast that Equifax Inc. will post 7.36 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

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.