Robeco Institutional Asset Management B.V. decreased its stake in Equifax Inc. (NYSE:EFX - Free Report) by 9.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,839 shares of the credit services provider's stock after selling 6,880 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.05% of Equifax worth $19,347,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its position in shares of Equifax by 0.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 36,979 shares of the credit services provider's stock worth $10,867,000 after buying an additional 114 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in Equifax by 3.7% during the third quarter. Chicago Partners Investment Group LLC now owns 1,474 shares of the credit services provider's stock valued at $401,000 after buying an additional 53 shares during the period. Weatherly Asset Management L. P. bought a new position in shares of Equifax during the third quarter valued at $234,000. Stephens Inc. AR increased its holdings in Equifax by 19.3% in the 3rd quarter. Stephens Inc. AR now owns 1,003 shares of the credit services provider's stock worth $295,000 after buying an additional 162 shares in the last quarter. Finally, First Trust Direct Indexing L.P. lifted its holdings in shares of Equifax by 3.4% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 4,513 shares of the credit services provider's stock valued at $1,326,000 after buying an additional 149 shares during the period. Hedge funds and other institutional investors own 96.20% of the company's stock.
Insider Buying and Selling
In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the firm'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 sale, the chief executive officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the business's stock in a transaction 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 sale, the chief executive officer now directly owns 109,183 shares of the company's stock, valued at $29,532,909.67. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the firm's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the sale, the executive vice president now 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. 1.66% of the stock is owned by company insiders.
Equifax Stock Performance
NYSE:EFX traded up $5.39 during mid-day trading on Thursday, reaching $269.60. The stock had a trading volume of 671,575 shares, compared to its average volume of 858,311. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The business has a 50 day simple moving average of $287.78 and a 200 day simple moving average of $265.19. The firm has a market capitalization of $33.42 billion, a price-to-earnings ratio of 58.71, a PEG ratio of 2.49 and a beta of 1.59. Equifax Inc. has a twelve month low of $180.31 and a twelve month high of $309.63.
Equifax (NYSE:EFX - Get Free Report) last posted 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. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. Equifax's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 EPS. On average, analysts expect that Equifax Inc. will post 7.29 earnings per share for the current fiscal year.
Equifax Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. Equifax's dividend payout ratio (DPR) is presently 34.67%.
Wall Street Analysts Forecast Growth
EFX has been the subject of a number of analyst reports. Oppenheimer increased their price objective on shares of Equifax from $300.00 to $315.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 8th. Citigroup increased their price objective on shares of Equifax from $263.00 to $304.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Needham & Company LLC reaffirmed a "buy" rating and set a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. JPMorgan Chase & Co. upped their price objective on Equifax from $300.00 to $304.00 and gave the stock an "overweight" rating in a research note on Friday, October 18th. Finally, BNP Paribas raised shares of Equifax from an "underperform" rating to a "neutral" rating and set a $310.00 price objective on the stock in a research report on Thursday, September 19th. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $310.47.
View Our Latest Stock Analysis on Equifax
About Equifax
(
Free Report)
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.
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