ICICI Prudential Asset Management Co Ltd Has $5.82 Million Stock Holdings in Equifax Inc. (NYSE:EFX)

ICICI Prudential Asset Management Co Ltd decreased its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 46.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,791 shares of the credit services provider's stock after selling 17,284 shares during the quarter. ICICI Prudential Asset Management Co Ltd's holdings in Equifax were worth $5,816,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in Equifax during the third quarter worth about $29,000. EntryPoint Capital LLC purchased a new position in shares of Equifax during the first quarter worth approximately $30,000. Tortoise Investment Management LLC grew its position in shares of Equifax by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider's stock worth $30,000 after acquiring an additional 54 shares during the last quarter. Mascoma Wealth Management LLC purchased a new position in Equifax in the 2nd quarter valued at $30,000. Finally, Crewe Advisors LLC grew its position in Equifax by 138.2% in the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider's stock valued at $32,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 96.20% of the company's stock.

Equifax Stock Performance

Shares of EFX stock traded down $1.80 during trading on Wednesday, reaching $265.97. The company had a trading volume of 629,784 shares, compared to its average volume of 856,552. The firm's 50 day simple moving average is $284.23 and its two-hundred day simple moving average is $266.77. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax Inc. has a one year low of $189.95 and a one year high of $309.63. The company has a market capitalization of $32.97 billion, a PE ratio of 59.10, a PEG ratio of 2.52 and a beta of 1.59.

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, beating analysts' consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. Equifax's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.76 earnings per share. Sell-side analysts forecast that Equifax Inc. will post 7.29 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.59%. The ex-dividend date is Friday, November 22nd. Equifax's dividend payout ratio is 34.67%.

Analyst Ratings Changes

Several research analysts have recently issued reports on EFX shares. JPMorgan Chase & Co. lifted their price target on Equifax from $300.00 to $304.00 and gave the stock an "overweight" rating in a research note on Friday, October 18th. Wells Fargo & Company restated a "buy" rating on shares of Equifax in a report on Friday, October 18th. Needham & Company LLC reaffirmed a "buy" rating and issued a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. The Goldman Sachs Group raised their price objective on Equifax from $277.00 to $307.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 20th. Finally, Citigroup raised their price objective on Equifax from $263.00 to $304.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Four equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $310.47.

Insiders Place Their Bets

In related news, EVP John J. Kelley III sold 1,000 shares of the company's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares in the company, valued at approximately $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the 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 completion of the sale, the chief executive officer now directly owns 109,183 shares in the company, valued at $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value 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 trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.57% of the company's stock.

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.