Burgundy Asset Management Ltd. Sells 2,655 Shares of Equifax Inc. (NYSE:EFX)

Burgundy Asset Management Ltd. lessened its stake in Equifax Inc. (NYSE:EFX - Free Report) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,796 shares of the credit services provider's stock after selling 2,655 shares during the quarter. Burgundy Asset Management Ltd. owned about 0.22% of Equifax worth $65,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of EFX. Parnassus Investments LLC increased its holdings in shares of Equifax by 1,740.8% in the fourth quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider's stock valued at $515,817,000 after purchasing an additional 1,972,564 shares in the last quarter. Norges Bank bought a new stake in shares of Equifax during the fourth quarter worth $204,218,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Equifax by 72.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider's stock valued at $405,051,000 after acquiring an additional 633,887 shares during the period. Artisan Partners Limited Partnership bought a new position in Equifax in the fourth quarter valued at about $126,794,000. Finally, Capital International Investors increased its position in Equifax by 2.5% in the first quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider's stock worth $3,757,425,000 after purchasing an additional 342,170 shares during the period. 96.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the transaction, the executive vice president now directly owns 10,875 shares of the company's stock, valued at approximately $3,065,118.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.57% of the company's stock.

Equifax Stock Up 1.6 %

Shares of Equifax stock traded up $4.62 on Thursday, hitting $302.19. The company had a trading volume of 1,802,650 shares, compared to its average volume of 827,331. The stock has a 50-day moving average of $286.18 and a 200-day moving average of $258.80. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $309.63. The firm has a market capitalization of $37.35 billion, a P/E ratio of 67.79, a P/E/G ratio of 1.99 and a beta of 1.58.

Equifax (NYSE:EFX - Get Free Report) last announced its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.09. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the business earned $1.71 EPS. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. Research analysts predict that Equifax Inc. will post 7.33 earnings per share for the current year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax's dividend payout ratio is presently 34.74%.

Analysts Set New Price Targets

A number of research analysts have issued reports on EFX shares. BNP Paribas upgraded shares of Equifax from an "underperform" rating to a "neutral" rating and set a $310.00 target price on the stock in a research report on Thursday. Wells Fargo & Company raised shares of Equifax to a "strong-buy" rating in a research note on Tuesday, August 13th. The Goldman Sachs Group lifted their target price on shares of Equifax from $277.00 to $307.00 and gave the stock a "neutral" rating in a report on Tuesday, August 20th. Needham & Company LLC increased their price target on Equifax from $305.00 to $320.00 and gave the company a "buy" rating in a research note on Friday, July 19th. Finally, Stifel Nicolaus lifted their price objective on Equifax from $265.00 to $305.00 and gave the stock a "buy" rating in a research note on Friday, July 19th. Five analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $302.06.

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.