Equifax Inc. (NYSE:EFX) Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC cut its position in Equifax Inc. (NYSE:EFX - Free Report) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,815 shares of the credit services provider's stock after selling 3,095 shares during the quarter. Equifax accounts for 1.1% of TimesSquare Capital Management LLC's holdings, making the stock its 27th largest holding. TimesSquare Capital Management LLC owned approximately 0.20% of Equifax worth $72,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EntryPoint Capital LLC acquired a new position in Equifax during the 1st quarter worth approximately $30,000. Tortoise Investment Management LLC grew its stake in Equifax by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider's stock worth $30,000 after purchasing an additional 54 shares in the last quarter. Mascoma Wealth Management LLC acquired a new position in Equifax in the second quarter worth about $30,000. Crewe Advisors LLC lifted its holdings in Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider's stock worth $32,000 after acquiring an additional 76 shares during the last quarter. Finally, First Community Trust NA bought a new stake in shares of Equifax during the second quarter valued at approximately $33,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the company's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares of the company's stock, valued at $3,075,535.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company's stock, valued at $3,075,535.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were 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 of the company's stock, valued at $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.57% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EFX. Citigroup lifted their price target on shares of Equifax from $263.00 to $304.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Needham & Company LLC restated a "buy" rating and issued a $350.00 price target on shares of Equifax in a research report on Monday, October 28th. Wells Fargo & Company restated a "buy" rating on shares of Equifax in a research report on Friday, October 18th. The Goldman Sachs Group lifted their price target on shares of Equifax from $277.00 to $307.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 20th. Finally, Morgan Stanley lifted their price objective on shares of Equifax from $250.00 to $271.00 and gave the stock an "equal weight" rating in a research report on Thursday, September 12th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $310.47.

Equifax Price Performance

Shares of EFX stock traded up $1.44 during trading hours on Friday, reaching $270.93. The stock had a trading volume of 656,955 shares, compared to its average volume of 1,057,108. The stock's fifty day simple moving average is $286.38 and its 200 day simple moving average is $265.87. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a 12 month low of $180.31 and a 12 month high of $309.63. The firm has a market capitalization of $33.58 billion, a PE ratio of 60.21, a PEG ratio of 2.49 and a beta of 1.59.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.76 EPS. On average, equities research analysts predict that Equifax Inc. will post 7.29 EPS for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.58%. The ex-dividend date is Friday, November 22nd. Equifax's dividend payout ratio is currently 34.67%.

About Equifax

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.