Sabal Trust CO increased its position in Equifax, Inc. (NYSE:EFX) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,680 shares of the credit services provider’s stock after buying an additional 5 shares during the period. Sabal Trust CO’s holdings in Equifax were worth $643,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in the company. Oakbrook Investments LLC increased its position in Equifax by 69.8% in the second quarter. Oakbrook Investments LLC now owns 7,980 shares of the credit services provider’s stock worth $1,097,000 after buying an additional 3,280 shares during the last quarter. US Bancorp DE increased its position in Equifax by 7.2% in the second quarter. US Bancorp DE now owns 259,680 shares of the credit services provider’s stock worth $35,685,000 after buying an additional 17,375 shares during the last quarter. State Treasurer State of Michigan increased its position in Equifax by 0.4% in the second quarter. State Treasurer State of Michigan now owns 48,846 shares of the credit services provider’s stock worth $6,712,000 after buying an additional 200 shares during the last quarter. Aperio Group LLC increased its position in Equifax by 7.3% in the second quarter. Aperio Group LLC now owns 33,780 shares of the credit services provider’s stock worth $4,642,000 after buying an additional 2,308 shares during the last quarter. Finally, Heritage Way Advisors LLC increased its position in Equifax by 1.9% in the second quarter. Heritage Way Advisors LLC now owns 14,471 shares of the credit services provider’s stock worth $1,989,000 after buying an additional 273 shares during the last quarter. 89.56% of the stock is owned by institutional investors.
Shares of Equifax, Inc. (EFX) traded down 0.687% on Wednesday, reaching $145.255. 300,758 shares of the company were exchanged. The firm’s 50 day moving average price is $140.92 and its 200 day moving average price is $134.52. The stock has a market capitalization of $17.48 billion, a price-to-earnings ratio of 30.768 and a beta of 0.91. Equifax, Inc. has a 52 week low of $110.87 and a 52 week high of $147.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.03. The business had revenue of $856.70 million during the quarter, compared to the consensus estimate of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.43 EPS. Equities research analysts anticipate that Equifax, Inc. will post $6.07 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://stocknewstimes.com/2017/08/02/equifax-inc-efx-stake-boosted-by-sabal-trust-co-updated.html.
A number of brokerages have weighed in on EFX. Cowen and Company restated a “buy” rating and issued a $151.00 price objective on shares of Equifax in a report on Friday, July 28th. Deutsche Bank AG restated a “buy” rating and issued a $160.00 price objective (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. Morgan Stanley restated an “equal weight” rating and issued a $144.00 price objective (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Zacks Investment Research cut shares of Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, BidaskClub cut shares of Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. Equifax currently has an average rating of “Buy” and an average price target of $144.25.
In other news, CFO John W. Gamble, Jr. sold 14,000 shares of Equifax stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the completion of the transaction, the chief financial officer now owns 48,578 shares of the company’s stock, valued at approximately $6,627,982.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.29% of the company’s stock.
About Equifax
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
Receive News & Ratings for Equifax Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
