AlphaCrest Capital Management LLC Has $1.91 Million Stock Position in Equifax Inc. (NYSE:EFX)

AlphaCrest Capital Management LLC raised its stake in shares of Equifax Inc. (NYSE:EFXGet Rating) by 107.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,459 shares of the credit services provider’s stock after buying an additional 5,407 shares during the period. AlphaCrest Capital Management LLC’s holdings in Equifax were worth $1,912,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. State of Michigan Retirement System raised its holdings in Equifax by 0.3% during the first quarter. State of Michigan Retirement System now owns 30,778 shares of the credit services provider’s stock valued at $7,297,000 after buying an additional 97 shares in the last quarter. AIA Group Ltd raised its holdings in Equifax by 120.6% during the first quarter. AIA Group Ltd now owns 3,205 shares of the credit services provider’s stock valued at $760,000 after buying an additional 1,752 shares in the last quarter. Clarius Group LLC raised its holdings in Equifax by 6.2% during the second quarter. Clarius Group LLC now owns 1,119 shares of the credit services provider’s stock valued at $205,000 after buying an additional 65 shares in the last quarter. Prana Capital Management LP bought a new position in Equifax during the first quarter valued at about $6,488,000. Finally, Freestone Capital Holdings LLC bought a new position in Equifax during the first quarter valued at about $218,000. 91.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EFX. JPMorgan Chase & Co. lifted their price objective on Equifax from $196.00 to $219.00 and gave the stock an “overweight” rating in a research note on Friday, November 18th. Morgan Stanley dropped their price objective on Equifax from $212.00 to $192.00 and set an “equal weight” rating on the stock in a research note on Friday, October 21st. Jefferies Financial Group lowered Equifax from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $250.00 to $161.00 in a research note on Wednesday, October 19th. Robert W. Baird dropped their price objective on Equifax from $211.00 to $199.00 in a research note on Friday, October 21st. Finally, Atlantic Securities upgraded Equifax from a “neutral” rating to an “overweight” rating and set a $230.00 price objective on the stock in a research note on Tuesday, November 15th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $203.50.

Equifax Stock Up 2.1 %

EFX stock opened at $197.93 on Thursday. Equifax Inc. has a twelve month low of $145.98 and a twelve month high of $300.11. The company has a market cap of $24.23 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 1.96 and a beta of 1.43. The business’s 50-day simple moving average is $174.43 and its 200 day simple moving average is $188.44. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.28.

Equifax (NYSE:EFXGet Rating) last released its earnings results on Wednesday, October 19th. The credit services provider reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.10. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.21 billion. Equifax had a return on equity of 25.88% and a net margin of 13.72%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the business earned $1.85 earnings per share. On average, research analysts anticipate that Equifax Inc. will post 7.53 earnings per share for the current year.

Equifax Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Wednesday, November 23rd will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, November 22nd. Equifax’s payout ratio is 27.08%.

Insider Buying and Selling at Equifax

In other Equifax news, CFO John W. Gamble, Jr. sold 15,000 shares of Equifax stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total transaction of $2,482,800.00. Following the sale, the chief financial officer now directly owns 46,073 shares of the company’s stock, valued at $7,626,002.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Julia A. Houston sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total value of $827,600.00. Following the transaction, the executive vice president now directly owns 7,932 shares of the company’s stock, valued at approximately $1,312,904.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John W. Gamble, Jr. sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $165.52, for a total value of $2,482,800.00. Following the completion of the transaction, the chief financial officer now directly owns 46,073 shares in the company, valued at $7,626,002.96. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,100 shares of company stock valued at $5,146,968. 1.57% of the stock is currently owned by corporate insiders.

Equifax Profile

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Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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