RBO & Co. LLC Sells 124 Shares of Equifax Inc. (NYSE:EFX)

RBO & Co. LLC reduced its stake in Equifax Inc. (NYSE:EFX) by 0.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 67,794 shares of the credit services provider’s stock after selling 124 shares during the quarter. Equifax comprises about 3.1% of RBO & Co. LLC’s portfolio, making the stock its 10th largest holding. RBO & Co. LLC’s holdings in Equifax were worth $19,922,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in Equifax during the 3rd quarter valued at about $29,000. EntryPoint Capital LLC purchased a new stake in Equifax in the first quarter valued at approximately $30,000. Tortoise Investment Management LLC increased its holdings in Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after buying an additional 54 shares during the period. Mascoma Wealth Management LLC purchased a new position in Equifax during the 2nd quarter worth approximately $30,000. Finally, Crewe Advisors LLC lifted its stake in Equifax by 138.2% during the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 76 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Equifax Trading Down 1.9 %

EFX stock opened at $258.94 on Wednesday. The business’s 50-day moving average is $276.79 and its 200 day moving average is $268.36. Equifax Inc. has a 12-month low of $208.67 and a 12-month high of $309.63. The stock has a market cap of $32.10 billion, a price-to-earnings ratio of 57.54, a PEG ratio of 3.28 and a beta of 1.59. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the company earned $1.76 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Equifax Inc. will post 7.27 EPS for the current fiscal year.

Equifax Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be paid a dividend of $0.39 per share. The ex-dividend date is Friday, November 22nd. This represents a $1.56 annualized dividend and a yield of 0.60%. Equifax’s dividend payout ratio is presently 34.67%.

Analysts Set New Price Targets

EFX has been the topic of a number of research reports. Stifel Nicolaus cut their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Barclays increased their price target on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley boosted their price objective on Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday, September 12th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Equifax in a report on Friday, October 18th. Finally, Robert W. Baird lifted their price target on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Four analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.74.

Insider Buying and Selling at Equifax

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $270.49, for a total value of $15,770,648.96. Following the completion of the sale, the chief executive officer now directly owns 109,183 shares in the company, valued at $29,532,909.67. This represents a 34.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares in the company, valued at approximately $3,075,535.48. This represents a 8.15 % decrease in their position. The disclosure for this sale can be found here. 1.66% of the stock is owned by insiders.

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.