GSA Capital Partners LLP grew its stake in shares of Equifax Inc. (NYSE:EFX - Free Report) by 381.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,511 shares of the credit services provider's stock after purchasing an additional 5,160 shares during the quarter. GSA Capital Partners LLP's holdings in Equifax were worth $1,913,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC lifted its holdings in shares of Equifax by 18.8% in the 3rd quarter. Apollon Wealth Management LLC now owns 2,242 shares of the credit services provider's stock worth $659,000 after buying an additional 355 shares during the period. Coalescence Partners Investment Management LP raised its holdings in shares of Equifax by 138.0% in the 3rd quarter. Coalescence Partners Investment Management LP now owns 47,665 shares of the credit services provider's stock valued at $14,007,000 after purchasing an additional 27,637 shares in the last quarter. Versor Investments LP bought a new position in shares of Equifax during the third quarter valued at approximately $264,000. Venturi Wealth Management LLC boosted its position in Equifax by 59.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,358 shares of the credit services provider's stock valued at $399,000 after acquiring an additional 508 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in Equifax during the third quarter valued at approximately $29,000. 96.20% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on EFX shares. Wells Fargo & Company reiterated a "buy" rating on shares of Equifax in a research note on Friday, October 18th. UBS Group started coverage on Equifax in a research report on Tuesday, October 1st. They set a "buy" rating and a $360.00 price target for the company. Needham & Company LLC restated a "buy" rating and issued a $350.00 price objective on shares of Equifax in a research note on Monday, October 28th. BNP Paribas upgraded shares of Equifax from an "underperform" rating to a "neutral" rating and set a $310.00 price target on the stock in a report on Thursday, September 19th. Finally, Barclays upped their price objective on shares of Equifax from $300.00 to $380.00 and gave the company an "overweight" rating in a report on Friday, September 13th. Four analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $310.47.
View Our Latest Stock Analysis on Equifax
Equifax Stock Performance
EFX stock traded down $1.80 during mid-day trading on Wednesday, reaching $265.97. The company had a trading volume of 625,840 shares, compared to its average volume of 856,534. 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 stock's 50-day simple moving average is $284.96 and its two-hundred day simple moving average is $266.78. The stock has a market capitalization of $32.97 billion, a P/E ratio of 59.70, a P/E/G ratio of 2.52 and a beta of 1.59. Equifax Inc. has a one year low of $189.95 and a one year high of $309.63.
Equifax (NYSE:EFX - Get Free Report) last announced its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the business posted $1.76 earnings per share. Equifax's revenue was up 9.3% compared to the same quarter last year. Research analysts anticipate that Equifax Inc. will post 7.29 EPS for the current year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be given a $0.39 dividend. The ex-dividend date is Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. Equifax's payout ratio is 34.67%.
Insider Buying and Selling
In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the firm's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares in the company, valued at $3,075,535.48. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $270.49, for a total value of $15,770,648.96. Following the transaction, the chief executive officer now owns 109,183 shares in the company, valued at $29,532,909.67. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John J. Kelley III sold 1,000 shares of the company's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares of the company's stock, valued at approximately $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is owned by insiders.
Equifax Profile
(
Free Report)
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.
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