Strategic Financial Concepts LLC Takes Position in Equifax Inc. (NYSE:EFX)

Strategic Financial Concepts LLC acquired a new stake in shares of Equifax Inc. (NYSE:EFX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,017 shares of the credit services provider's stock, valued at approximately $3,572,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EFX. McClarren Financial Advisors Inc. acquired a new stake in Equifax during the fourth quarter valued at approximately $25,000. Ashton Thomas Securities LLC bought a new position in shares of Equifax during the third quarter valued at approximately $29,000. Central Pacific Bank Trust Division bought a new position in shares of Equifax during the fourth quarter valued at approximately $35,000. Spire Wealth Management grew its holdings in shares of Equifax by 98.7% during the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider's stock valued at $38,000 after purchasing an additional 75 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Equifax during the third quarter valued at approximately $48,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Insider Activity

In other news, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.57% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EFX shares. Wells Fargo & Company lowered their target price on Equifax from $321.00 to $313.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Gordon Haskett raised Equifax to a "strong-buy" rating in a report on Tuesday. UBS Group lowered their target price on Equifax from $335.00 to $310.00 and set a "buy" rating for the company in a report on Friday, February 7th. Needham & Company LLC decreased their price objective on Equifax from $325.00 to $300.00 and set a "buy" rating for the company in a report on Friday, February 7th. Finally, Morgan Stanley decreased their price objective on Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Equifax currently has an average rating of "Moderate Buy" and a consensus target price of $301.13.

Equifax Price Performance

NYSE EFX traded down $2.45 on Thursday, reaching $240.79. 1,258,702 shares of the stock traded hands, compared to its average volume of 1,067,236. The firm's fifty day simple moving average is $259.15 and its 200 day simple moving average is $273.44. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The company has a market cap of $29.85 billion, a price-to-earnings ratio of 49.85, a P/E/G ratio of 2.85 and a beta of 1.58. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, research analysts predict that Equifax Inc. will post 7.57 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.39 per share. The ex-dividend date is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.65%. Equifax's dividend payout ratio (DPR) is presently 32.30%.

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.