Eagle Ridge Investment Management Takes Position in Equifax, Inc. (EFX)

Eagle Ridge Investment Management purchased a new stake in shares of Equifax, Inc. (NYSE:EFX) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,856 shares of the credit services provider’s stock, valued at approximately $621,000.

Several other large investors have also made changes to their positions in EFX. Brighton Jones LLC lifted its holdings in Equifax by 0.3% in the second quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after acquiring an additional 8 shares during the period. Flagship Harbor Advisors LLC lifted its holdings in Equifax by 0.3% in the second quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock valued at $424,000 after acquiring an additional 8 shares during the period. Sawtooth Solutions LLC lifted its holdings in Equifax by 0.6% in the second quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock valued at $245,000 after acquiring an additional 11 shares during the period. Huntington National Bank lifted its holdings in Equifax by 0.4% in the second quarter. Huntington National Bank now owns 4,135 shares of the credit services provider’s stock valued at $568,000 after acquiring an additional 17 shares during the period. Finally, FineMark National Bank & Trust lifted its holdings in Equifax by 0.6% in the second quarter. FineMark National Bank & Trust now owns 4,337 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 27 shares during the period. 89.33% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Equifax, Inc. (NYSE EFX) traded down 0.782% during mid-day trading on Monday, reaching $108.535. The company’s stock had a trading volume of 213,723 shares. The firm’s 50-day moving average price is $107.25 and its 200 day moving average price is $131.17. The firm has a market cap of $13.06 billion, a P/E ratio of 22.990 and a beta of 0.88. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02.

In other news, insider Joseph Michael Loughran III sold 4,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the transaction, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. In the last three months, insiders sold 12,219 shares of company stock valued at $1,780,938. Insiders own 1.29% of the company’s stock.

A number of research firms have weighed in on EFX. Royal Bank Of Canada downgraded Equifax from an “outperform” rating to a “sector perform” rating and increased their target price for the company from $109.40 to $113.00 in a report on Monday, October 23rd. SunTrust Banks, Inc. reissued a “buy” rating on shares of Equifax in a report on Friday, October 13th. Wells Fargo & Company set a $127.00 target price on Equifax and gave the company a “buy” rating in a report on Friday, October 6th. Stephens reissued an “equal weight” rating and issued a $110.00 target price on shares of Equifax in a report on Wednesday, October 4th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $130.27.

Equifax 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.

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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