Equifax Inc. (NYSE:EFX) Shares Purchased by Truist Financial Corp

Truist Financial Corp lifted its stake in shares of Equifax Inc. (NYSE:EFX - Free Report) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,370 shares of the credit services provider's stock after acquiring an additional 1,460 shares during the quarter. Truist Financial Corp's holdings in Equifax were worth $14,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Exchange Traded Concepts LLC purchased a new position in shares of Equifax during the third quarter worth about $48,000. Blue Trust Inc. lifted its holdings in shares of Equifax by 178.8% in the 3rd quarter. Blue Trust Inc. now owns 435 shares of the credit services provider's stock valued at $128,000 after purchasing an additional 279 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Equifax by 3.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider's stock valued at $1,880,000 after acquiring an additional 231 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Equifax by 154.5% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 756 shares of the credit services provider's stock valued at $222,000 after acquiring an additional 459 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in Equifax by 34.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,454 shares of the credit services provider's stock valued at $427,000 after acquiring an additional 375 shares during the period. Hedge funds and other institutional investors own 96.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Barclays dropped their target price on Equifax from $335.00 to $325.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. JPMorgan Chase & Co. dropped their target price on Equifax from $304.00 to $283.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 19th. Oppenheimer dropped their target price on Equifax from $286.00 to $279.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. Wolfe Research cut Equifax from an "outperform" rating to a "peer perform" rating in a research report on Thursday, December 12th. Finally, Gordon Haskett upgraded Equifax to a "strong-buy" rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Equifax has a consensus rating of "Moderate Buy" and an average price target of $301.13.

Equifax Price Performance

EFX stock traded down $3.18 on Friday, reaching $238.04. The company had a trading volume of 849,908 shares, compared to its average volume of 1,060,844. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 0.75. The company's fifty day moving average is $258.66 and its 200 day moving average is $273.21. The company has a market cap of $29.51 billion, a P/E ratio of 49.28, a PEG ratio of 2.81 and a beta of 1.58.

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 for the quarter, hitting analysts' consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. On average, research analysts forecast that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, February 21st. Equifax's dividend payout ratio is presently 32.30%.

Insiders Place Their Bets

In other news, EVP Lisa M. Nelson sold 551 shares of the company's 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 directly owns 11,697 shares in the company, valued at $3,045,781.83. This represents a 4.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.57% of the company's stock.

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.