WealthTrust Fairport LLC reduced its stake in shares of Equifax, Inc. (NYSE:EFX) by 4.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,469 shares of the credit services provider’s stock after selling 2,991 shares during the quarter. WealthTrust Fairport LLC’s holdings in Equifax were worth $8,172,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of EFX. IFP Advisors Inc grew its position in Equifax by 9.4% during the first quarter. IFP Advisors Inc now owns 745 shares of the credit services provider’s stock worth $102,000 after buying an additional 64 shares during the period. YorkBridge Wealth Partners LLC grew its position in Equifax by 23.8% during the first quarter. YorkBridge Wealth Partners LLC now owns 744 shares of the credit services provider’s stock worth $102,000 after buying an additional 143 shares during the period. SNS Financial Group LLC acquired a new position in Equifax during the second quarter worth about $200,000. Park Avenue Securities LLC acquired a new position in Equifax during the second quarter worth about $201,000. Finally, Wilbanks Smith & Thomas Asset Management LLC acquired a new position in Equifax during the first quarter worth about $202,000. Institutional investors own 90.02% of the company’s stock.
In related news, insider Rodolfo O. Ploder sold 1,719 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $145.70, for a total transaction of $250,458.30. Following the completion of the sale, the insider now directly owns 43,648 shares in the company, valued at $6,359,513.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total transaction of $584,080.00. Following the sale, the insider now owns 42,723 shares of the company’s stock, valued at $6,238,412.46. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,219 shares of company stock worth $1,780,938. 1.29% of the stock is currently owned by insiders.
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Shares of Equifax, Inc. (NYSE EFX) traded down 5.70% during mid-day trading on Wednesday, hitting $109.35. 3,848,272 shares of the company’s stock traded hands. Equifax, Inc. has a 1-year low of $109.27 and a 1-year high of $147.02. The stock has a 50 day moving average price of $141.34 and a 200-day moving average price of $137.97. The stock has a market cap of $13.16 billion, a P/E ratio of 23.16 and a beta of 0.93.
Equifax (NYSE:EFX) last released its 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 business had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $1.43 earnings per share. Equities research analysts anticipate that Equifax, Inc. will post $6.07 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is currently 33.05%.
Several research analysts have weighed in on the stock. Robert W. Baird restated a “buy” rating and set a $141.00 target price on shares of Equifax in a research report on Tuesday. Evercore ISI restated a “buy” rating and set a $174.00 target price on shares of Equifax in a research report on Saturday. Stifel Nicolaus restated a “buy” rating and set a $149.00 target price on shares of Equifax in a research report on Friday, September 8th. Morgan Stanley lowered their target price on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, September 8th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. Equifax has an average rating of “Buy” and a consensus target price of $148.42.
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.
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