Apollon Wealth Management LLC grew its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 13.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,880 shares of the credit services provider’s stock after purchasing an additional 348 shares during the quarter. Apollon Wealth Management LLC’s holdings in Equifax were worth $747,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Aberdeen Group plc grew its stake in Equifax by 11.8% in the 2nd quarter. Aberdeen Group plc now owns 98,097 shares of the credit services provider’s stock valued at $25,443,000 after acquiring an additional 10,365 shares during the period. Blue Zone Wealth Advisors LLC boosted its stake in Equifax by 3.1% during the 2nd quarter. Blue Zone Wealth Advisors LLC now owns 27,125 shares of the credit services provider’s stock worth $7,035,000 after purchasing an additional 807 shares during the last quarter. Callan Family Office LLC acquired a new stake in Equifax during the 2nd quarter worth $656,000. Blair William & Co. IL boosted its stake in Equifax by 39.2% during the 2nd quarter. Blair William & Co. IL now owns 80,725 shares of the credit services provider’s stock worth $20,938,000 after purchasing an additional 22,724 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its stake in Equifax by 87.9% during the 2nd quarter. Vontobel Holding Ltd. now owns 2,411 shares of the credit services provider’s stock worth $625,000 after purchasing an additional 1,128 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.
Equifax Trading Up 0.7%
NYSE EFX opened at $229.83 on Thursday. The firm’s 50-day moving average is $246.84 and its two-hundred day moving average is $250.83. Equifax, Inc. has a 12 month low of $199.98 and a 12 month high of $292.91. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $28.45 billion, a P/E ratio of 44.98, a PEG ratio of 2.67 and a beta of 1.68.
Equifax Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Equifax’s dividend payout ratio is 39.14%.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Equifax in a research note on Wednesday, October 8th. Barclays lowered their target price on shares of Equifax from $260.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 23rd. Oppenheimer began coverage on shares of Equifax in a research note on Monday. They set an “outperform” rating and a $271.00 target price on the stock. Robert W. Baird reduced their price target on Equifax from $310.00 to $289.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. Finally, BMO Capital Markets reduced their price target on Equifax from $280.00 to $260.00 and set a “market perform” rating on the stock in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $280.93.
Get Our Latest Analysis on Equifax
Insider Transactions at Equifax
In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the sale, the chief executive officer directly owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by company insiders.
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.
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