Burney Co. Has $2.62 Million Stock Holdings in Equifax Inc. (NYSE:EFX)

Burney Co. trimmed its position in Equifax Inc. (NYSE:EFX) by 2.5% during the first quarter, HoldingsChannel.com reports. The fund owned 9,789 shares of the credit services provider’s stock after selling 250 shares during the period. Burney Co.’s holdings in Equifax were worth $2,619,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of EFX. Swedbank AB acquired a new stake in Equifax during the 1st quarter worth approximately $10,887,000. LRI Investments LLC acquired a new stake in Equifax during the 1st quarter worth approximately $213,000. Citizens Financial Group Inc. RI acquired a new stake in Equifax during the 1st quarter worth approximately $217,000. Comerica Bank raised its holdings in Equifax by 1.0% during the 1st quarter. Comerica Bank now owns 22,178 shares of the credit services provider’s stock worth $5,933,000 after buying an additional 230 shares during the period. Finally, Tidal Investments LLC raised its holdings in Equifax by 8.0% during the 1st quarter. Tidal Investments LLC now owns 1,611 shares of the credit services provider’s stock worth $431,000 after buying an additional 119 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on EFX. Needham & Company LLC raised their target price on shares of Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Wolfe Research assumed coverage on shares of Equifax in a research note on Tuesday, July 9th. They set an “outperform” rating and a $275.00 price target for the company. Stifel Nicolaus raised their price target on shares of Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Bank of America raised their price target on shares of Equifax from $255.00 to $286.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Finally, JPMorgan Chase & Co. raised their price target on shares of Equifax from $273.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $287.00.

Insider Transactions at Equifax

In other Equifax news, insider John W. Gamble, Jr. 1,350 shares of Equifax stock in a transaction on Tuesday, July 30th. The was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Carla Chaney sold 5,178 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $238.63, for a total value of $1,235,626.14. Following the completion of the transaction, the executive vice president now owns 16,884 shares of the company’s stock, valued at $4,029,028.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John W. Gamble, Jr. 1,350 shares of the stock in a transaction that occurred on Tuesday, July 30th. The disclosure for this trade can be found here. Over the last 90 days, insiders sold 11,238 shares of company stock valued at $2,647,378. 1.57% of the stock is currently owned by corporate insiders.

Equifax Stock Performance

EFX stock traded up $2.53 during midday trading on Friday, reaching $284.63. 1,464,955 shares of the company were exchanged, compared to its average volume of 714,422. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50-day moving average price of $248.25 and a two-hundred day moving average price of $249.09. Equifax Inc. has a one year low of $159.95 and a one year high of $287.14. The firm has a market capitalization of $35.22 billion, a price-to-earnings ratio of 63.43, a price-to-earnings-growth ratio of 1.92 and a beta of 1.56.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.09. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the business posted $1.71 earnings per share. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. Equities research analysts forecast that Equifax Inc. will post 7.34 EPS for the current year.

Equifax Profile

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.