Equifax Inc. (NYSE:EFX) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama decreased its holdings in shares of Equifax Inc. (NYSE:EFX) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,949 shares of the credit services provider’s stock after selling 318 shares during the quarter. Retirement Systems of Alabama’s holdings in Equifax were worth $7,919,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Equifax in the 2nd quarter worth $15,646,000. Barclays PLC lifted its position in shares of Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after purchasing an additional 5,097 shares in the last quarter. Royal London Asset Management Ltd. boosted its position in Equifax by 3.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 54,509 shares of the credit services provider’s stock valued at $13,216,000 after buying an additional 2,047 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Equifax by 16.3% in the second quarter. Dimensional Fund Advisors LP now owns 584,820 shares of the credit services provider’s stock valued at $141,789,000 after purchasing an additional 81,966 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after purchasing an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Activity

In other news, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the sale, the executive vice president now owns 11,269 shares in the company, valued at $3,075,535.48. This trade represents a 8.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the transaction, the executive vice president now owns 11,697 shares in the company, valued at $3,045,781.83. This represents a 4.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 59,855 shares of company stock valued at $16,187,044 in the last ninety days. Company insiders own 1.57% of the company’s stock.

Equifax Trading Up 0.1 %

Shares of Equifax stock opened at $273.65 on Wednesday. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The company has a market capitalization of $33.92 billion, a P/E ratio of 60.81, a P/E/G ratio of 3.26 and a beta of 1.57. The business has a 50 day moving average price of $267.36 and a 200 day moving average price of $270.89. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.76 earnings per share. Sell-side analysts anticipate that Equifax Inc. will post 7.28 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were issued a $0.39 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.57%. Equifax’s payout ratio is 34.67%.

Analyst Upgrades and Downgrades

EFX has been the topic of several analyst reports. Barclays raised their target price on shares of Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Wells Fargo & Company reissued a “buy” rating on shares of Equifax in a report on Friday, October 18th. UBS Group initiated coverage on shares of Equifax in a research report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price objective on the stock. Stifel Nicolaus dropped their target price on Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Finally, Needham & Company LLC reissued a “buy” rating and set a $350.00 price target on shares of Equifax in a report on Monday, October 28th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, Equifax presently has an average rating of “Moderate Buy” and a consensus price target of $311.39.

Equifax Company 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.