Equifax Inc. (NYSE:EFX) Shares Sold by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund lessened its stake in Equifax Inc. (NYSE:EFX) by 8.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,664 shares of the credit services provider’s stock after selling 323 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Equifax were worth $1,077,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in shares of Equifax by 76,913.8% in the third quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock valued at $282,212,000 after purchasing an additional 959,115 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Equifax by 72.0% during the first 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 acquiring an additional 633,887 shares in the last quarter. Capital International Investors increased its position in shares of Equifax by 2.5% during the first quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock worth $3,757,425,000 after acquiring an additional 342,170 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Equifax by 4.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock worth $1,036,952,000 after acquiring an additional 200,665 shares in the last quarter. Finally, Ceredex Value Advisors LLC boosted its holdings in Equifax by 127.1% in the second quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock valued at $84,947,000 after purchasing an additional 196,106 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insiders Place Their Bets

In other Equifax news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the transaction, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. This trade represents a 8.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark W. Begor sold 58,304 shares of the business’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 disclosure for this sale can be found here. 1.57% of the stock is owned by insiders.

Equifax Stock Performance

EFX opened at $248.27 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. The business’s 50 day moving average is $282.67 and its 200-day moving average is $267.55. The stock has a market cap of $30.77 billion, a PE ratio of 55.17, a price-to-earnings-growth ratio of 2.34 and a beta of 1.59. Equifax Inc. has a twelve month low of $197.13 and a twelve month high of $309.63.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share 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 for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the business earned $1.76 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, analysts predict that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.56 annualized dividend and a yield of 0.63%. Equifax’s payout ratio is 34.67%.

Analyst Ratings Changes

Several research firms have issued reports on EFX. The Goldman Sachs Group lifted their price objective on Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Barclays increased their price objective on shares of Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. UBS Group started coverage on shares of Equifax in a research report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 target price for the company. Oppenheimer lifted their price target on Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Finally, Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, Equifax has a consensus rating of “Moderate Buy” and an average target price of $310.47.

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.