Equifax Inc. (NYSE:EFX) Shares Sold by abrdn plc

abrdn plc reduced its holdings in Equifax Inc. (NYSE:EFX - Free Report) by 14.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,969 shares of the credit services provider's stock after selling 7,174 shares during the period. abrdn plc's holdings in Equifax were worth $10,686,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Barclays PLC raised its position in Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider's stock worth $54,329,000 after acquiring an additional 5,097 shares during the period. Allspring Global Investments Holdings LLC raised its position in Equifax by 3.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider's stock worth $1,880,000 after acquiring an additional 231 shares during the period. Intech Investment Management LLC raised its position in Equifax by 84.1% during the third quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider's stock worth $2,016,000 after acquiring an additional 3,135 shares during the period. NS Partners Ltd raised its position in Equifax by 2.3% during the third quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider's stock worth $27,920,000 after acquiring an additional 2,094 shares during the period. Finally, Quest Partners LLC acquired a new position in Equifax during the third quarter worth $786,000. 96.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Stifel Nicolaus reduced their price objective on shares of Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a research report on Friday. Morgan Stanley reduced their target price on shares of Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Argus cut shares of Equifax from a "buy" rating to a "hold" rating in a research report on Tuesday. BNP Paribas upgraded shares of Equifax from a "neutral" rating to an "outperform" rating and set a $305.00 price objective for the company in a research report on Monday, December 16th. Finally, Wells Fargo & Company cut their price objective on shares of Equifax from $321.00 to $313.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $301.69.

Insiders Place Their Bets

In other news, EVP Lisa M. Nelson sold 551 shares of Equifax 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 transaction, the executive vice president now directly owns 11,697 shares of the company's stock, valued at $3,045,781.83. The trade was a 4.50 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.57% of the stock is owned by corporate insiders.

Equifax Stock Up 0.1 %

NYSE:EFX traded up $0.26 during mid-day trading on Tuesday, hitting $253.16. The stock had a trading volume of 796,384 shares, compared to its average volume of 1,035,685. The stock has a 50-day simple moving average of $260.86 and a two-hundred day simple moving average of $274.69. The company has a market capitalization of $31.38 billion, a PE ratio of 52.41, a PEG ratio of 3.00 and a beta of 1.58. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. On average, equities research analysts anticipate that Equifax Inc. will post 7.45 EPS for the current year.

Equifax Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 0.62%. Equifax's payout ratio is currently 32.30%.

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.