Equifax Inc. (NYSE:EFX) EVP Sells $845,550.00 in Stock

Equifax Inc. (NYSE:EFX) EVP Carla Chaney sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total transaction of $845,550.00. Following the sale, the executive vice president now owns 10,875 shares in the company, valued at $3,065,118.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Carla Chaney also recently made the following trade(s):

• On Friday, May 24th, Carla Chaney sold 5,178 shares of Equifax stock. The shares were sold at an average price of $238.63, for a total transaction of $1,235,626.14.

Equifax Price Performance

NYSE:EFX opened at $278.43 on Monday. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $288.24. The firm has a market cap of $34.42 billion, a price-to-earnings ratio of 62.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.56. The company’s 50-day moving average is $252.75 and its two-hundred day moving average is $250.25. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.01.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.09. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the company earned $1.71 EPS. Research analysts expect that Equifax Inc. will post 7.34 EPS for the current year.

Hedge Funds Weigh In On Equifax

A number of large investors have recently bought and sold shares of EFX. Parnassus Investments LLC grew its stake in shares of Equifax by 1,740.8% during the 4th quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider’s stock valued at $515,817,000 after buying an additional 1,972,564 shares during the period. Norges Bank acquired a new stake in Equifax during the fourth quarter worth about $204,218,000. Price T Rowe Associates Inc. MD raised its position in shares of Equifax by 72.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after purchasing an additional 633,887 shares in the last quarter. Boston Partners acquired a new position in shares of Equifax in the 4th quarter valued at about $154,667,000. Finally, Artisan Partners Limited Partnership acquired a new stake in Equifax during the fourth quarter worth about $126,794,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Analysts Set New Price Targets

EFX has been the topic of several research analyst reports. The Goldman Sachs Group raised their target price on Equifax from $246.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Stifel Nicolaus upped their price objective on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Oppenheimer lifted their target price on Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. Bank of America raised their price target on Equifax from $255.00 to $286.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Finally, Wolfe Research initiated coverage on Equifax in a research note on Tuesday, July 9th. They set an “outperform” rating and a $275.00 price target for the company. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $287.00.

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.