Texas Permanent School Fund decreased its stake in Equifax, Inc. (NYSE:EFX) by 3.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,778 shares of the credit services provider’s stock after selling 1,256 shares during the period. Texas Permanent School Fund’s holdings in Equifax were worth $4,642,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in 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 last quarter. BlackRock Inc. increased its position in shares of Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock valued at $1,269,041,000 after buying an additional 8,715,062 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of 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 valued at $820,055,000 after buying an additional 212,392 shares in the last quarter. Wellington Management Group LLP increased its position in shares of 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 valued at $731,730,000 after buying an additional 134,056 shares in the last quarter. Finally, William Blair Investment Management LLC increased its position in shares of 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 valued at $178,454,000 after buying an additional 650,550 shares in the last quarter. 89.63% of the stock is currently owned by institutional investors and hedge funds.
Equifax, Inc. (NYSE:EFX) traded down 0.53% on Friday, reaching $139.89. 530,586 shares of the company traded hands. Equifax, Inc. has a 1-year low of $110.87 and a 1-year high of $147.02. The stock has a 50 day moving average of $142.07 and a 200-day moving average of $136.43. The stock has a market capitalization of $16.84 billion, a price-to-earnings ratio of 29.63 and a beta of 0.91.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a $0.39 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.12%. Equifax’s payout ratio is currently 33.05%.
Several research analysts have recently issued reports on EFX shares. Stephens downgraded shares of Equifax from an “overweight” rating to an “equal weight” rating in a research note on Friday, April 28th. Morgan Stanley restated an “equal weight” rating and set a $144.00 price objective (up previously from $142.00) on shares of Equifax in a research report on Tuesday, July 18th. BidaskClub upgraded shares of Equifax from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Zacks Investment Research cut shares of Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, Argus began coverage on shares of Equifax in a report on Tuesday, June 13th. They set a “buy” rating and a $166.00 target price for the company. One 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 has a consensus rating of “Buy” and a consensus target price of $145.45.
In other news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $145.70, for a total transaction of $250,458.30. Following the sale, the insider now owns 43,648 shares of the company’s stock, valued at $6,359,513.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the stock in a transaction dated 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 directly owns 42,723 shares in the company, valued at approximately $6,238,412.46. The disclosure for this sale can be found here. Insiders sold 26,219 shares of company stock worth $3,691,098 in the last ninety days. 1.29% of the stock is currently owned by corporate insiders.
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.
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