Boston Financial Mangement LLC Increases Stock Position in Equifax Inc. (NYSE:EFX)

Boston Financial Mangement LLC lifted its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,593 shares of the credit services provider's stock after purchasing an additional 3,370 shares during the quarter. Boston Financial Mangement LLC owned 0.09% of Equifax worth $31,617,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. 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 note on Tuesday, August 20th. Citigroup lifted their target price 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. Robert W. Baird upped their price target on shares of Equifax from $290.00 to $333.00 and gave the company an "outperform" rating in a research report on Friday, October 18th. UBS Group began coverage on Equifax in a research note on Tuesday, October 1st. They issued a "buy" rating and a $360.00 target price for the company. Finally, Stifel Nicolaus raised their price target on Equifax from $265.00 to $305.00 and gave the stock a "buy" rating in a research report on Friday, July 19th. Four investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $310.47.

Equifax Stock Down 0.6 %

Shares of NYSE EFX traded down $1.55 during mid-day trading on Tuesday, hitting $268.47. 966,551 shares of the stock traded hands, compared to its average volume of 852,434. The stock has a fifty day moving average price of $292.51 and a 200-day moving average price of $263.77. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.79 and a current ratio of 0.88. The company has a market cap of $33.19 billion, a price-to-earnings ratio of 60.14, a PEG ratio of 2.56 and a beta of 1.58. Equifax Inc. has a 52 week low of $159.95 and a 52 week high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last announced its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating analysts' consensus estimates of $1.84 by $0.01. The firm had revenue of $1.44 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.76 EPS. Research analysts anticipate that Equifax Inc. will post 7.29 EPS for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. Equifax's dividend payout ratio is currently 34.74%.

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now owns 109,183 shares in the company, valued at approximately $29,532,909.67. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other 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 sale, the executive vice president now owns 11,269 shares in the company, valued at $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction 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 company's 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 completion of the transaction, the chief executive officer now directly owns 109,183 shares in the company, valued at $29,532,909.67. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 62,304 shares of company stock worth $16,889,119 in the last 90 days. Insiders own 1.57% of the company's stock.

Equifax 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.