Chevy Chase Trust Holdings Inc. lowered its position in Equifax, Inc. (NYSE:EFX) by 0.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 104,354 shares of the credit services provider’s stock after selling 62 shares during the period. Chevy Chase Trust Holdings Inc. owned approximately 0.09% of Equifax worth $14,340,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the company. IFP Advisors Inc boosted its position in Equifax by 9.4% in 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 last quarter. YorkBridge Wealth Partners LLC raised its position in shares of Equifax by 23.8% in 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 last quarter. Wilbanks Smith & Thomas Asset Management LLC purchased a new position in shares of Equifax during the first quarter worth $202,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Equifax during the first quarter worth $205,000. Finally, Edgewood Management LLC purchased a new position in shares of Equifax during the first quarter worth $205,000. Hedge funds and other institutional investors own 89.55% of the company’s stock.
Shares of Equifax, Inc. (EFX) traded down 0.50% during midday trading on Friday, hitting $141.35. The stock had a trading volume of 351,561 shares. The stock has a market cap of $17.01 billion, a PE ratio of 29.94 and a beta of 0.91. The stock’s 50-day moving average is $141.57 and its 200-day moving average is $135.42. Equifax, Inc. has a 12 month low of $110.87 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company had revenue of $856.70 million during the quarter, compared to analysts’ expectations of $860.48 million. During the same quarter in the prior year, the business earned $1.43 earnings per share. Equifax’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities analysts anticipate that Equifax, Inc. will post $6.08 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is 33.05%.
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A number of equities analysts have recently weighed in on the company. Stephens lowered Equifax from an “overweight” rating to an “equal weight” rating in a research report on Friday, April 28th. Deutsche Bank AG reaffirmed a “buy” rating and set a $160.00 target price (up from $140.00) on shares of Equifax in a research report on Thursday, July 27th. BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Equifax in a research report on Wednesday. Finally, Argus assumed coverage on Equifax in a research report on Tuesday, June 13th. They set a “buy” rating and a $166.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $145.45.
In related news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $6,359,513.60. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO John W. Gamble, Jr. sold 14,000 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $136.44, for a total value of $1,910,160.00. Following the transaction, the chief financial officer now directly owns 48,578 shares of the company’s stock, valued at $6,627,982.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,219 shares of company stock valued at $3,691,098. Corporate insiders own 1.29% of the company’s stock.
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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