Sendero Wealth Management LLC Invests $3.07 Million in Equifax Inc. (NYSE:EFX)

Sendero Wealth Management LLC bought a new stake in shares of Equifax Inc. (NYSE:EFX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,046 shares of the credit services provider's stock, valued at approximately $3,070,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. 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 valued at $282,212,000 after purchasing an additional 959,115 shares in the last quarter. FMR LLC lifted its position in shares of Equifax by 37.4% during the third quarter. FMR LLC now owns 3,233,744 shares of the credit services provider's stock valued at $950,268,000 after buying an additional 880,162 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Equifax by 34.2% in the 3rd quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider's stock valued at $251,480,000 after buying an additional 220,109 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Equifax by 5,123.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 115,114 shares of the credit services provider's stock valued at $33,827,000 after buying an additional 112,910 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position 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 worth $225,431,000 after buying an additional 88,895 shares during the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EFX has been the subject of several recent analyst reports. Stifel Nicolaus lowered their target price on shares of Equifax from $305.00 to $284.00 and set a "buy" rating for the company in a research note on Wednesday, November 20th. Robert W. Baird raised their price target on Equifax from $290.00 to $333.00 and gave the stock an "outperform" rating in a report on Friday, October 18th. Wolfe Research downgraded shares of Equifax from an "outperform" rating to a "peer perform" rating in a research note on Thursday, December 12th. Needham & Company LLC reissued a "buy" rating and issued a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. Finally, Morgan Stanley raised Equifax from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $275.00 to $320.00 in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $311.12.

Equifax Stock Performance

Shares of NYSE EFX traded up $0.75 during midday trading on Thursday, reaching $264.28. 816,560 shares of the stock were exchanged, compared to its average volume of 913,126. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The firm has a 50-day simple moving average of $258.35 and a two-hundred day simple moving average of $272.92. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The firm has a market cap of $32.76 billion, a price-to-earnings ratio of 58.73, a PEG ratio of 2.43 and a beta of 1.57.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.84 by $0.01. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The company had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.44 billion. During the same quarter in the prior year, the firm posted $1.76 EPS. Equifax's quarterly revenue was up 9.3% compared to the same quarter last year. As a group, analysts anticipate that Equifax Inc. will post 7.28 EPS for the current fiscal year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Friday, November 22nd. Equifax's payout ratio is 34.67%.

Insider Activity at Equifax

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the business's 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 sale, the chief executive officer now directly owns 109,183 shares in the company, valued at approximately $29,532,909.67. The trade was a 34.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the transaction, the executive vice president now directly owns 11,697 shares of the company's stock, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 59,855 shares of company stock valued at $16,187,044. 1.57% of the stock is owned by company 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.