Wilmington Savings Fund Society FSB Sells 1,010 Shares of Equifax Inc. (NYSE:EFX)

Wilmington Savings Fund Society FSB cut its holdings in Equifax Inc. (NYSE:EFX) by 70.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 425 shares of the credit services provider’s stock after selling 1,010 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Equifax were worth $125,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new stake in Equifax during the third quarter worth approximately $29,000. Tortoise Investment Management LLC increased its position in shares of Equifax by 76.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 54 shares during the last quarter. Mascoma Wealth Management LLC purchased a new stake in Equifax during the 2nd quarter valued at $30,000. Crewe Advisors LLC lifted its position in Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after buying an additional 76 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Equifax during the second quarter worth $37,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Robert W. Baird increased their target price on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Wells Fargo & Company reissued a “buy” rating on shares of Equifax in a research note on Friday, October 18th. BNP Paribas raised Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 target price on the stock in a research note on Monday. Morgan Stanley raised Equifax from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $275.00 to $320.00 in a research note on Thursday, December 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $350.00 price objective on shares of Equifax in a research report on Monday, October 28th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $311.18.

Equifax Price Performance

NYSE EFX opened at $253.66 on Friday. The company has a market cap of $31.44 billion, a PE ratio of 56.37, a P/E/G ratio of 3.26 and a beta of 1.57. The firm’s 50 day moving average price is $266.21 and its 200-day moving average price is $270.67. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Equifax Inc. has a 52-week low of $213.02 and a 52-week 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 (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.76 EPS. Sell-side analysts forecast that Equifax Inc. will post 7.28 EPS for the current fiscal year.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date was Friday, November 22nd. Equifax’s payout ratio is currently 34.67%.

Insider Buying and Selling

In related news, EVP John J. Kelley III sold 1,000 shares of the business’s 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 transaction, the executive vice president now directly owns 11,269 shares in the company, valued at $3,075,535.48. The trade was a 8.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction dated Friday, October 25th. The shares were 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 owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This trade represents a 34.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 59,855 shares of company stock worth $16,187,044 in the last 90 days. 1.57% of the stock is owned by corporate insiders.

Equifax Company 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.