Thrive Wealth Management LLC Buys 89 Shares of Equifax Inc. (NYSE:EFX)

Thrive Wealth Management LLC raised its position in Equifax Inc. (NYSE:EFX) by 8.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 1,102 shares of the credit services provider’s stock after buying an additional 89 shares during the period. Thrive Wealth Management LLC’s holdings in Equifax were worth $295,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrant Capital Group LLC grew its stake in shares of Equifax by 2.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,838 shares of the credit services provider’s stock worth $455,000 after acquiring an additional 40 shares in the last quarter. DAVENPORT & Co LLC increased its stake in Equifax by 2.4% in the 4th quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after buying an additional 48 shares during the last quarter. Ballentine Partners LLC increased its stake in Equifax by 5.1% in the 1st quarter. Ballentine Partners LLC now owns 1,038 shares of the credit services provider’s stock valued at $278,000 after buying an additional 50 shares during the last quarter. Greenleaf Trust lifted its position in Equifax by 4.2% during the 4th quarter. Greenleaf Trust now owns 1,507 shares of the credit services provider’s stock worth $373,000 after buying an additional 61 shares in the last quarter. Finally, Concord Wealth Partners boosted its stake in shares of Equifax by 8.8% during the 4th quarter. Concord Wealth Partners now owns 793 shares of the credit services provider’s stock worth $196,000 after buying an additional 64 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on EFX shares. Robert W. Baird lowered their target price on Equifax from $275.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Bank of America lowered their price target on Equifax from $300.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, April 19th. The Goldman Sachs Group cut their price objective on Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a report on Friday, April 19th. Needham & Company LLC restated a “buy” rating and set a $305.00 target price on shares of Equifax in a report on Thursday, April 18th. Finally, Oppenheimer dropped their price target on shares of Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $270.19.

Equifax Stock Performance

Shares of Equifax stock traded up $3.06 on Thursday, hitting $239.81. The stock had a trading volume of 499,897 shares, compared to its average volume of 832,237. The stock has a market cap of $29.64 billion, a price-to-earnings ratio of 53.41, a price-to-earnings-growth ratio of 1.65 and a beta of 1.57. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $275.10. The business’s 50 day moving average is $235.71 and its two-hundred day moving average is $246.31.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the firm posted $1.43 EPS. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. Analysts forecast that Equifax Inc. will post 7.37 EPS for the current year.

Equifax Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 19th. Shareholders of record on Friday, May 24th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend was Thursday, May 23rd. Equifax’s dividend payout ratio (DPR) is 34.74%.

Insiders Place Their Bets

In other Equifax news, Director Karen L. Fichuk bought 415 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were purchased at an average price of $238.77 per share, for a total transaction of $99,089.55. Following the transaction, the director now directly owns 3,305 shares in the company, valued at approximately $789,134.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Karen L. Fichuk purchased 415 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was acquired at an average cost of $238.77 per share, for a total transaction of $99,089.55. Following the completion of the purchase, the director now owns 3,305 shares in the company, valued at approximately $789,134.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark W. Begor sold 58,300 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $13,143,735.00. Following the transaction, the chief executive officer now owns 109,220 shares in the company, valued at approximately $24,623,649. The disclosure for this sale can be found here. Insiders sold 83,635 shares of company stock worth $18,969,282 in the last quarter. 1.57% of the stock is currently owned by corporate 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.