Larson Financial Group LLC Sells 161 Shares of Equifax Inc. (NYSE:EFX)

Larson Financial Group LLC lessened its position in shares of Equifax Inc. (NYSE:EFX) by 20.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 620 shares of the credit services provider’s stock after selling 161 shares during the period. Larson Financial Group LLC’s holdings in Equifax were worth $182,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Conning Inc. grew its holdings in Equifax by 4.7% in the second quarter. Conning Inc. now owns 848 shares of the credit services provider’s stock worth $206,000 after purchasing an additional 38 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Equifax by 1.2% in the 2nd quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 44 shares in the last quarter. Cromwell Holdings LLC grew its stake in Equifax by 13.5% during the 3rd quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock worth $109,000 after buying an additional 44 shares during the last quarter. Thompson Investment Management Inc. increased its position in Equifax by 0.3% during the 2nd quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider’s stock valued at $3,749,000 after buying an additional 45 shares in the last quarter. Finally, Greenleaf Trust raised its stake in Equifax by 3.0% in the third quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider’s stock valued at $489,000 after buying an additional 48 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on EFX shares. Robert W. Baird upped their price objective on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Oppenheimer decreased their price target on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a report on Tuesday, November 19th. The Goldman Sachs Group boosted their price objective on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Wells Fargo & Company reissued a “buy” rating on shares of Equifax in a research report on Friday, October 18th. Finally, Barclays boosted their price target on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Four equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $306.74.

Equifax Stock Performance

NYSE EFX opened at $261.19 on Thursday. Equifax Inc. has a 1-year low of $209.68 and a 1-year high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s 50 day simple moving average is $276.01 and its 200-day simple moving average is $268.48. The company has a market cap of $32.37 billion, a PE ratio of 58.04, a price-to-earnings-growth ratio of 3.28 and a beta of 1.59.

Equifax (NYSE:EFX) last issued its earnings results 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. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the prior year, the business earned $1.76 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. As a group, equities research analysts anticipate that Equifax Inc. will post 7.27 EPS for the current fiscal year.

Equifax Announces Dividend

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

Insider Activity at Equifax

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 109,183 shares of the company’s stock, valued at $29,532,909.67. The trade was a 34.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at $3,075,535.48. The trade was a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,855 shares of company stock worth $16,187,044. Insiders own 1.66% of the company’s stock.

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.