12,583 Shares in Equifax Inc. (NYSE:EFX) Purchased by Cinctive Capital Management LP

Cinctive Capital Management LP purchased a new position in shares of Equifax Inc. (NYSE:EFX - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,583 shares of the credit services provider's stock, valued at approximately $3,698,000.

A number of other hedge funds have also recently added to or reduced their stakes in EFX. Bamco Inc. NY raised its stake in Equifax by 7.4% in the third quarter. Bamco Inc. NY now owns 2,900 shares of the credit services provider's stock valued at $852,000 after purchasing an additional 200 shares in the last quarter. B&L Asset Management LLC bought a new stake in shares of Equifax during the 3rd quarter worth approximately $1,704,000. Edgestream Partners L.P. bought a new position in Equifax in the third quarter valued at approximately $234,000. Acropolis Investment Management LLC bought a new position in Equifax in the third quarter valued at approximately $273,000. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in Equifax during the third quarter valued at approximately $3,967,000. Institutional investors own 96.20% of the company's stock.

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 58,304 shares of the firm's stock in a transaction 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 of the company's stock, valued at $29,532,909.67. This trade represents a 34.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 transaction, the executive vice president now directly owns 11,697 shares of the company's stock, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 59,855 shares of company stock worth $16,187,044 in the last ninety days. Corporate insiders own 1.66% of the company's stock.

Equifax Trading Up 0.3 %

Shares of EFX stock traded up $0.70 during trading hours on Tuesday, hitting $259.40. 184,132 shares of the company were exchanged, compared to its average volume of 871,539. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The company has a 50 day simple moving average of $272.90 and a two-hundred day simple moving average of $268.83. The firm has a market cap of $32.15 billion, a P/E ratio of 57.57, a P/E/G ratio of 3.25 and a beta of 1.57.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings data 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 net margin of 10.07% and a return on equity of 18.56%. The company had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.44 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The business's revenue was up 9.3% on a year-over-year basis. Equities analysts anticipate that Equifax Inc. will post 7.28 EPS for the current year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd 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 0.60%. The ex-dividend date of this dividend is Friday, November 22nd. Equifax's payout ratio is 34.67%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on EFX shares. Barclays lifted their price target on Equifax from $300.00 to $380.00 and gave the company an "overweight" rating in a research note on Friday, September 13th. Needham & Company LLC reissued a "buy" rating and set a $350.00 target price on shares of Equifax in a research note on Monday, October 28th. UBS Group started coverage on shares of Equifax in a research note on Tuesday, October 1st. They issued a "buy" rating and a $360.00 price target on the stock. Wells Fargo & Company reiterated a "buy" rating on shares of Equifax in a research report on Friday, October 18th. Finally, JPMorgan Chase & Co. cut their target price on shares of Equifax from $304.00 to $283.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Equifax currently has an average rating of "Moderate Buy" and a consensus target price of $306.74.

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.