Nisa Investment Advisors LLC Sells 7,567 Shares of Equifax Inc. (NYSE:EFX)

Nisa Investment Advisors LLC decreased its stake in shares of Equifax Inc. (NYSE:EFX) by 21.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,943 shares of the credit services provider’s stock after selling 7,567 shares during the period. Nisa Investment Advisors LLC’s holdings in Equifax were worth $6,866,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in Equifax during the 3rd quarter valued at approximately $29,000. Central Pacific Bank Trust Division bought a new stake in shares of Equifax during the fourth quarter valued at approximately $35,000. Exchange Traded Concepts LLC bought a new stake in shares of Equifax during the third quarter valued at approximately $48,000. Intact Investment Management Inc. bought a new position in Equifax in the third quarter worth $73,000. Finally, Pinnacle Financial Partners Inc purchased a new position in Equifax during the third quarter valued at $85,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Buying and Selling at Equifax

In other news, EVP Lisa M. Nelson sold 551 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now owns 11,697 shares of the company’s stock, valued at $3,045,781.83. This represents a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.57% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Jefferies Financial Group reduced their target price on shares of Equifax from $340.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Needham & Company LLC reiterated a “buy” rating and set a $350.00 target price on shares of Equifax in a report on Monday, October 28th. BNP Paribas upgraded Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price target on the stock in a research note on Monday, December 16th. Stifel Nicolaus lowered their price objective on Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. Finally, Morgan Stanley raised Equifax from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $275.00 to $320.00 in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $311.12.

Equifax Trading Down 0.1 %

Shares of EFX stock opened at $268.74 on Friday. 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 Inc. has a 12-month low of $213.02 and a 12-month high of $309.63. The stock has a market capitalization of $33.31 billion, a P/E ratio of 59.72, a P/E/G ratio of 2.80 and a beta of 1.57. The firm’s 50 day moving average is $258.65 and its 200 day moving average is $274.01.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, November 22nd. Equifax’s payout ratio is currently 34.67%.

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.