New England Research & Management Inc. acquired a new position in shares of Equifax Inc. (NYSE:EFX - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,050 shares of the credit services provider's stock, valued at approximately $268,000.
A number of other hedge funds have also bought and sold shares of the company. Barclays PLC raised its position in shares of Equifax by 2.8% in the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider's stock worth $54,329,000 after acquiring an additional 5,097 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider's stock worth $1,880,000 after buying an additional 231 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Equifax by 84.1% during the 3rd quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider's stock worth $2,016,000 after buying an additional 3,135 shares during the period. NS Partners Ltd increased its stake in shares of Equifax by 2.3% in the 3rd quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider's stock valued at $27,920,000 after acquiring an additional 2,094 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in shares of Equifax during the 3rd quarter valued at $786,000. Institutional investors own 96.20% of the company's stock.
Insiders Place Their Bets
In other news, EVP Lisa M. Nelson sold 551 shares of Equifax stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the sale, the executive vice president now directly 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. Insiders own 1.57% of the company's stock.
Equifax Stock Up 2.9 %
NYSE:EFX traded up $7.76 on Thursday, hitting $278.94. The stock had a trading volume of 184,977 shares, compared to its average volume of 837,663. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The firm's fifty day simple moving average is $260.31 and its two-hundred day simple moving average is $274.73. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $34.58 billion, a P/E ratio of 62.07, a price-to-earnings-growth ratio of 2.80 and a beta of 1.57.
Equifax Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. Equifax's dividend payout ratio (DPR) is currently 34.67%.
Analyst Ratings Changes
A number of equities research analysts have commented on the stock. Wells Fargo & Company reduced their price target on shares of Equifax from $325.00 to $321.00 and set an "overweight" rating for the company in a report on Friday, January 10th. Morgan Stanley decreased their target price on Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a research report on Tuesday. Wolfe Research lowered Equifax from an "outperform" rating to a "peer perform" rating in a report on Thursday, December 12th. BNP Paribas upgraded Equifax from a "neutral" rating to an "outperform" rating and set a $305.00 price objective for the company in a report on Monday, December 16th. Finally, Oppenheimer lowered their target price on Equifax from $315.00 to $286.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 19th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Equifax has a consensus rating of "Moderate Buy" and a consensus target price of $310.88.
View Our Latest Report on Equifax
About Equifax
(
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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