Wellington Management Group LLP Sells 37,465 Shares of Equifax Inc. (NYSE:EFX)

Wellington Management Group LLP lessened its stake in Equifax Inc. (NYSE:EFX - Free Report) by 45.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,637 shares of the credit services provider's stock after selling 37,465 shares during the quarter. Wellington Management Group LLP's holdings in Equifax were worth $11,376,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Equifax during the 4th quarter worth $330,400,000. Van ECK Associates Corp raised its holdings in Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider's stock valued at $412,239,000 after buying an additional 791,730 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Equifax in the fourth quarter worth about $113,896,000. Franklin Resources Inc. boosted its stake in shares of Equifax by 34.2% during the 3rd quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider's stock worth $251,480,000 after acquiring an additional 220,109 shares in the last quarter. Finally, Boston Partners increased its holdings in shares of Equifax by 18.0% during the 4th quarter. Boston Partners now owns 1,228,741 shares of the credit services provider's stock valued at $313,213,000 after acquiring an additional 187,460 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on EFX shares. Jefferies Financial Group lowered their price target on Equifax from $340.00 to $300.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company dropped their target price on shares of Equifax from $313.00 to $284.00 and set an "overweight" rating on the stock in a report on Monday. Needham & Company LLC decreased their price target on shares of Equifax from $325.00 to $300.00 and set a "buy" rating for the company in a report on Friday, February 7th. Morgan Stanley dropped their price objective on Equifax from $320.00 to $316.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Finally, UBS Group decreased their target price on Equifax from $335.00 to $310.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $292.31.

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Equifax Price Performance

Shares of NYSE:EFX traded up $2.01 during trading on Tuesday, reaching $226.33. The stock had a trading volume of 88,242 shares, compared to its average volume of 973,946. The stock has a market capitalization of $28.25 billion, a PE ratio of 46.86, a P/E/G ratio of 2.79 and a beta of 1.65. Equifax Inc. has a 52 week low of $199.98 and a 52 week high of $309.63. The business's 50-day moving average price is $239.17 and its 200 day moving average price is $256.87. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88.

Equifax (NYSE:EFX - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 EPS 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%. As a group, equities analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.56 annualized dividend and a dividend yield of 0.69%. Equifax's dividend payout ratio (DPR) is currently 32.30%.

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.