Equifax, Inc. (EFX) Shares Bought by Sabal Trust CO

Sabal Trust CO boosted its stake in Equifax, Inc. (NYSE:EFX) by 0.1% during the second quarter, according to its most recent disclosure with the SEC. 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.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EFX. Vanguard Group Inc. boosted its position in shares of Equifax by 3.4% in the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock valued at $1,563,429,000 after buying an additional 373,774 shares during the period. BlackRock Inc. boosted its stake in Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock worth $1,269,041,000 after buying an additional 8,715,062 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Equifax by 3.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,997,177 shares of the credit services provider’s stock worth $820,055,000 after buying an additional 212,392 shares during the last quarter. Wellington Management Group LLP boosted its stake in Equifax by 2.6% in the first quarter. Wellington Management Group LLP now owns 5,351,242 shares of the credit services provider’s stock worth $731,730,000 after buying an additional 134,056 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its stake in Equifax by 99.4% in the first quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock worth $178,454,000 after buying an additional 650,550 shares during the last quarter. 89.55% of the stock is owned by institutional investors.

Shares of Equifax, Inc. (EFX) opened at 142.94 on Thursday. The firm has a 50 day moving average price of $141.48 and a 200-day moving average price of $135.37. The firm has a market cap of $17.21 billion, a P/E ratio of 30.28 and a beta of 0.91. Equifax, Inc. has a one year low of $110.87 and a one year 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 for the quarter, topping the consensus estimate of $1.57 by $0.03. The firm had revenue of $856.70 million for the quarter, compared to analysts’ expectations of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Analysts forecast that Equifax, Inc. will post $6.08 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.09%. Equifax’s payout ratio is currently 33.05%.

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A number of analysts have recently issued reports on EFX shares. Stephens cut Equifax from an “overweight” rating to an “equal weight” rating in a research report on Friday, April 28th. BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Morgan Stanley reiterated an “equal weight” rating and set a $144.00 target price (up previously from $142.00) on shares of Equifax in a research note on Tuesday, July 18th. Argus initiated coverage on Equifax in a research note on Tuesday, June 13th. They set a “buy” rating and a $166.00 target price on the stock. Finally, Zacks Investment Research lowered Equifax from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $145.45.

In other news, insider Joseph Michael Loughran III sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total value of $584,080.00. Following the transaction, the insider now owns 42,723 shares of the company’s stock, valued at $6,238,412.46. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Rodolfo O. Ploder sold 1,719 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total transaction of $250,458.30. Following the completion of the transaction, the insider now directly owns 43,648 shares in the company, valued at approximately $6,359,513.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,219 shares of company stock worth $3,691,098. Insiders own 1.29% of the company’s stock.

Equifax Company Profile

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.