Equifax Inc. (NYSE:EFX) CEO Sells $13,143,735.00 in Stock

Equifax Inc. (NYSE:EFX) CEO Mark W. Begor sold 58,300 shares of the business’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $13,143,735.00. Following the sale, the chief executive officer now owns 109,220 shares in the company, valued at approximately $24,623,649. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Equifax Stock Down 2.4 %

EFX stock traded down $5.33 during trading on Tuesday, reaching $220.19. 792,776 shares of the stock were exchanged, compared to its average volume of 864,821. The firm’s 50 day moving average is $254.06 and its 200 day moving average is $233.64. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $275.10. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.04. The firm has a market cap of $27.22 billion, a P/E ratio of 49.04, a price-to-earnings-growth ratio of 1.93 and a beta of 1.51.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the business earned $1.43 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, research analysts forecast that Equifax Inc. will post 7.36 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Thursday, February 22nd. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

Institutional Trading of Equifax

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wetzel Investment Advisors Inc. bought a new position in shares of Equifax in the fourth quarter valued at approximately $25,000. OFI Invest Asset Management bought a new position in Equifax during the first quarter valued at $31,000. KB Financial Partners LLC bought a new position in shares of Equifax in the third quarter worth $25,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Equifax in the fourth quarter worth $41,000. Finally, Smithfield Trust Co boosted its holdings in shares of Equifax by 55.5% in the third quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock worth $36,000 after acquiring an additional 71 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on EFX. Redburn Atlantic lowered Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price objective on the stock. in a research report on Thursday, January 11th. Bank of America reduced their price target on Equifax from $300.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, April 19th. Oppenheimer reduced their price target on Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Needham & Company LLC reiterated a “buy” rating and issued a $305.00 price target on shares of Equifax in a research report on Thursday, April 18th. Finally, Truist Financial upped their price target on Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $270.19.

About Equifax

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.