Nisa Investment Advisors LLC Acquires 7,822 Shares of Equifax Inc. (NYSE:EFX)

Nisa Investment Advisors LLC raised its stake in Equifax Inc. (NYSE:EFX - Free Report) by 29.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 34,510 shares of the credit services provider's stock after purchasing an additional 7,822 shares during the period. Nisa Investment Advisors LLC's holdings in Equifax were worth $10,141,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Equifax by 1.1% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 292,914 shares of the credit services provider's stock worth $78,360,000 after acquiring an additional 3,164 shares in the last quarter. State of Alaska Department of Revenue grew its position in shares of Equifax by 0.5% during the 1st quarter. State of Alaska Department of Revenue now owns 13,371 shares of the credit services provider's stock valued at $3,577,000 after buying an additional 65 shares during the last quarter. Norden Group LLC acquired a new stake in Equifax during the first quarter worth about $1,767,000. First Trust Direct Indexing L.P. lifted its holdings in Equifax by 12.1% in the first quarter. First Trust Direct Indexing L.P. now owns 3,557 shares of the credit services provider's stock worth $952,000 after acquiring an additional 384 shares during the last quarter. Finally, Maryland State Retirement & Pension System boosted its stake in Equifax by 2.8% in the first quarter. Maryland State Retirement & Pension System now owns 9,562 shares of the credit services provider's stock valued at $2,558,000 after acquiring an additional 258 shares during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

Insider Activity at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the firm's stock in a transaction 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 transaction, the executive vice president now owns 10,875 shares in the company, valued at approximately $3,065,118.75. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Carla Chaney sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the sale, the executive vice president now directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark W. Begor sold 58,304 shares of the business's 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 transaction, the chief executive officer now directly owns 109,183 shares of the company's stock, valued at approximately $29,532,909.67. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 62,304 shares of company stock valued at $16,889,119. 1.57% of the stock is owned by corporate insiders.

Equifax Stock Down 1.6 %

Shares of EFX traded down $4.28 during trading hours on Thursday, reaching $265.04. The company's stock had a trading volume of 855,083 shares, compared to its average volume of 852,458. The company has a quick ratio of 0.79, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The firm has a market cap of $32.76 billion, a price-to-earnings ratio of 59.03, a P/E/G ratio of 2.56 and a beta of 1.58. The company has a 50 day moving average of $290.74 and a two-hundred day moving average of $263.97. Equifax Inc. has a 1-year low of $164.23 and a 1-year high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results 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. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the business posted $1.76 EPS. The company's revenue for the quarter was up 9.3% on a year-over-year basis. As a group, research analysts predict that Equifax Inc. will post 7.29 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a dividend yield of 0.59%. Equifax's dividend payout ratio is 34.74%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EFX shares. UBS Group assumed coverage on Equifax in a research report on Tuesday, October 1st. They set a "buy" rating and a $360.00 price target on the stock. Robert W. Baird upped their price target on shares of Equifax from $290.00 to $333.00 and gave the stock an "outperform" rating in a research report on Friday, October 18th. JPMorgan Chase & Co. lifted their price objective on shares of Equifax from $300.00 to $304.00 and gave the company an "overweight" rating in a research report on Friday, October 18th. Bank of America raised their price target on shares of Equifax from $255.00 to $286.00 and gave the company a "buy" rating in a research note on Thursday, July 18th. Finally, Stifel Nicolaus lifted their target price on Equifax from $265.00 to $305.00 and gave the company a "buy" rating in a research note on Friday, July 19th. Four equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $310.47.

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.