Equifax Inc. (NYSE:EFX) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its position in shares of Equifax Inc. (NYSE:EFX - Free Report) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,737 shares of the credit services provider's stock after selling 4,926 shares during the period. New York State Teachers Retirement System owned 0.09% of Equifax worth $31,072,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Conning Inc. increased its position in shares of Equifax by 4.7% during the second quarter. Conning Inc. now owns 848 shares of the credit services provider's stock worth $206,000 after purchasing an additional 38 shares in the last quarter. Intech Investment Management LLC increased its position in Equifax by 1.2% during the second quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider's stock worth $903,000 after buying an additional 44 shares during the period. Cromwell Holdings LLC lifted its stake in Equifax by 13.5% in the third quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider's stock valued at $109,000 after buying an additional 44 shares during the last quarter. Thompson Investment Management Inc. lifted its stake in Equifax by 0.3% in the second quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider's stock valued at $3,749,000 after buying an additional 45 shares during the last quarter. Finally, Greenleaf Trust boosted its holdings in shares of Equifax by 3.0% in the third quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider's stock valued at $489,000 after acquiring an additional 48 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the business's stock in a transaction on 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 transaction, the executive vice president now directly owns 11,269 shares of the company's stock, valued at $3,075,535.48. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, 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 transaction of $15,770,648.96. Following the transaction, the chief executive officer now owns 109,183 shares of the company's stock, valued at approximately $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company's stock, valued at $3,075,535.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 62,304 shares of company stock valued at $16,889,119. 1.57% of the stock is owned by corporate insiders.

Equifax Price Performance

Equifax stock traded down $0.63 during mid-day trading on Friday, reaching $264.39. The company had a trading volume of 836,237 shares, compared to its average volume of 852,384. The stock's 50-day simple moving average is $290.74 and its 200-day simple moving average is $263.97. Equifax Inc. has a 1 year low of $170.62 and a 1 year high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $32.77 billion, a P/E ratio of 59.39, a P/E/G ratio of 2.54 and a beta of 1.58.

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 for the quarter, beating the consensus estimate of $1.84 by $0.01. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate 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 last year, the business posted $1.76 EPS. On average, equities analysts predict that Equifax Inc. will post 7.29 EPS for the current year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Tuesday, September 3rd. Equifax's payout ratio is currently 34.67%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Equifax from $250.00 to $271.00 and gave the company an "equal weight" rating in a research report on Thursday, September 12th. Wolfe Research initiated coverage on shares of Equifax in a research note on Tuesday, July 9th. They set an "outperform" rating and a $275.00 target price for the company. Wells Fargo & Company restated a "buy" rating on shares of Equifax in a research report on Friday, October 18th. The Goldman Sachs Group increased their price objective on Equifax from $277.00 to $307.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. lifted their target price on Equifax from $300.00 to $304.00 and gave the company an "overweight" rating in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Equifax presently has a consensus rating of "Moderate Buy" and an average price target of $310.47.

About Equifax

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.