Chevy Chase Trust Holdings LLC Decreases Stock Position in Equifax Inc. (NYSE:EFX)

Chevy Chase Trust Holdings LLC trimmed its stake in Equifax Inc. (NYSE:EFX - Free Report) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,423 shares of the credit services provider's stock after selling 1,302 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.05% of Equifax worth $16,673,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. McClarren Financial Advisors Inc. acquired a new position in Equifax in the fourth quarter valued at about $25,000. Ashton Thomas Securities LLC acquired a new position in Equifax in the third quarter valued at about $29,000. Central Pacific Bank Trust Division acquired a new position in Equifax in the fourth quarter valued at about $35,000. Spire Wealth Management boosted its position in Equifax by 98.7% in the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider's stock valued at $38,000 after buying an additional 75 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Equifax in the third quarter worth about $48,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EFX. Jefferies Financial Group dropped their target price on shares of Equifax from $340.00 to $300.00 and set a "buy" rating for the company in a research note on Wednesday, January 15th. Wells Fargo & Company dropped their price target on shares of Equifax from $321.00 to $313.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Needham & Company LLC dropped their price target on shares of Equifax from $325.00 to $300.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Oppenheimer dropped their price target on shares of Equifax from $286.00 to $279.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Finally, Stifel Nicolaus dropped their price target on shares of Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $301.13.

Insider Activity at Equifax

In other news, EVP Lisa M. Nelson sold 551 shares of the firm's stock in a transaction on Tuesday, November 26th. The stock was 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 $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.66% of the stock is currently owned by company insiders.

Equifax Price Performance

Shares of EFX traded down $3.52 during mid-day trading on Wednesday, reaching $243.15. The company had a trading volume of 1,201,629 shares, compared to its average volume of 1,061,193. The company's 50 day simple moving average is $259.54 and its 200 day simple moving average is $273.65. The company has a market capitalization of $30.14 billion, a price-to-earnings ratio of 50.34, a P/E/G ratio of 2.88 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 0.90, a quick ratio of 0.88 and a current ratio of 0.75.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings data 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%. Analysts expect that Equifax Inc. will post 7.57 EPS for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, February 21st. Equifax's payout ratio is 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.