New York State Common Retirement Fund Sells 12,999 Shares of Equifax Inc. (NYSE:EFX)

New York State Common Retirement Fund lowered its stake in Equifax Inc. (NYSE:EFX - Free Report) by 14.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,499 shares of the credit services provider's stock after selling 12,999 shares during the quarter. New York State Common Retirement Fund owned about 0.06% of Equifax worth $21,892,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EFX. EntryPoint Capital LLC acquired a new position in shares of Equifax in the first quarter worth $30,000. Tortoise Investment Management LLC boosted its position in shares of Equifax by 76.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider's stock valued at $30,000 after acquiring an additional 54 shares in the last quarter. Mascoma Wealth Management LLC acquired a new stake in Equifax in the 2nd quarter valued at $30,000. Crewe Advisors LLC grew its stake in Equifax by 138.2% during the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider's stock worth $32,000 after buying an additional 76 shares during the last quarter. Finally, First Community Trust NA acquired a new stake in shares of Equifax in the second quarter valued at $33,000. 96.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EFX has been the topic of a number of analyst reports. Wells Fargo & Company reissued a "buy" rating on shares of Equifax in a research note on Friday, October 18th. Needham & Company LLC reaffirmed a "buy" rating and issued a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. JPMorgan Chase & Co. raised their price target on Equifax from $300.00 to $304.00 and gave the company an "overweight" rating in a research note on Friday, October 18th. Citigroup boosted their price objective on shares of Equifax from $263.00 to $304.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Finally, Robert W. Baird lifted their price target on Equifax from $290.00 to $333.00 and gave the stock an "outperform" rating in a report on Friday, October 18th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $310.47.

Equifax Stock Performance

Shares of NYSE EFX traded up $4.94 during mid-day trading on Tuesday, hitting $269.63. The company had a trading volume of 769,847 shares, compared to its average volume of 851,732. Equifax Inc. has a 1 year low of $179.13 and a 1 year high of $309.63. The company has a market capitalization of $33.42 billion, a price-to-earnings ratio of 59.26, a P/E/G ratio of 2.49 and a beta of 1.59. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock's 50-day moving average price is $289.24 and its 200-day moving average price is $264.82.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate 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 business's quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.76 earnings per share. On average, sell-side analysts forecast that Equifax Inc. will post 7.29 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. Stockholders of record on Tuesday, September 3rd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax's dividend payout ratio is 34.67%.

Insider Buying and Selling at Equifax

In related news, EVP Carla Chaney sold 3,000 shares of the firm's stock in a transaction 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 owns 10,875 shares of the company's stock, valued at $3,065,118.75. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Mark W. Begor sold 58,304 shares of Equifax 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 completion of the transaction, the chief executive officer now directly owns 109,183 shares in the company, valued at approximately $29,532,909.67. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Carla Chaney sold 3,000 shares of Equifax stock in a transaction dated 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 transaction, the executive vice president now directly owns 10,875 shares of the company's stock, valued at approximately $3,065,118.75. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 62,304 shares of company stock worth $16,889,119. 1.66% of the stock is currently owned by company insiders.

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.