Free Trial

TimesSquare Capital Management LLC Sells 25,733 Shares of Equifax Inc. (NYSE:EFX)

Equifax logo with Business Services background

TimesSquare Capital Management LLC cut its stake in shares of Equifax Inc. (NYSE:EFX - Free Report) by 10.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 222,082 shares of the credit services provider's stock after selling 25,733 shares during the quarter. TimesSquare Capital Management LLC owned approximately 0.18% of Equifax worth $56,598,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EFX. International Assets Investment Management LLC lifted its holdings in shares of Equifax by 76,913.8% during the third quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider's stock valued at $282,212,000 after acquiring an additional 959,115 shares during the period. FMR LLC lifted its holdings in shares of Equifax by 37.4% during the third quarter. FMR LLC now owns 3,233,744 shares of the credit services provider's stock valued at $950,268,000 after acquiring an additional 880,162 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider's stock valued at $412,239,000 after acquiring an additional 791,730 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Equifax by 34.2% during the third quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider's stock valued at $251,480,000 after acquiring an additional 220,109 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Equifax by 5,123.0% during the third quarter. Assenagon Asset Management S.A. now owns 115,114 shares of the credit services provider's stock valued at $33,827,000 after acquiring an additional 112,910 shares during the period. 96.20% of the stock is owned by institutional investors.

Insider Transactions at Equifax

In other news, EVP Lisa M. Nelson sold 551 shares of Equifax stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the transaction, the executive vice president now owns 11,697 shares in the company, valued at $3,045,781.83. The trade was a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.57% of the company's stock.

Equifax Trading Down 1.3 %

Shares of Equifax stock traded down $3.18 during trading on Friday, hitting $238.04. 849,908 shares of the company were exchanged, compared to its average volume of 1,060,844. The firm has a market capitalization of $29.51 billion, a P/E ratio of 49.28, a price-to-earnings-growth ratio of 2.81 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 firm's fifty day moving average price is $258.10 and its 200 day moving average price is $272.93. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88.

Equifax (NYSE:EFX - Get Free Report) last posted its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, sell-side analysts expect that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.56 annualized dividend and a dividend yield of 0.66%. Equifax's payout ratio is currently 32.30%.

Analysts Set New Price Targets

EFX has been the subject of a number of research analyst reports. Gordon Haskett raised Equifax to a "strong-buy" rating in a report on Tuesday. JPMorgan Chase & Co. cut their price target on Equifax from $304.00 to $283.00 and set an "overweight" rating for the company in a report on Tuesday, November 19th. Wells Fargo & Company cut their price target on Equifax from $321.00 to $313.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Needham & Company LLC cut their price target on Equifax from $325.00 to $300.00 and set a "buy" rating for the company in a report on Friday, February 7th. Finally, William Blair reaffirmed an "outperform" rating on shares of Equifax in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $301.13.

Check Out Our Latest Stock Report on EFX

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.

Read More

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

Should You Invest $1,000 in Equifax Right Now?

Before you consider Equifax, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Equifax wasn't on the list.

While Equifax currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines