Insider Buying: Equifax Inc. (EFX) Director Buys $122,250.00 in Stock
Equifax Inc. (NYSE:EFX) Director G. Thomas Hough purchased 1,000 shares of the business’s stock in a transaction dated Thursday, November 10th. The stock was purchased at an average price of $122.25 per share, for a total transaction of $122,250.00. Following the completion of the acquisition, the director now owns 4,307 shares of the company’s stock, valued at $526,530.75. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.
G. Thomas Hough also recently made the following trade(s):
- On Monday, November 14th, G. Thomas Hough purchased 1,000 shares of Equifax stock. The stock was purchased at an average price of $113.91 per share, for a total transaction of $113,910.00.
- On Friday, October 28th, G. Thomas Hough purchased 2,000 shares of Equifax stock. The stock was purchased at an average price of $123.85 per share, for a total transaction of $247,700.00.
Shares of Equifax Inc. (NYSE:EFX) opened at 119.50 on Thursday. The firm has a 50-day moving average of $127.04 and a 200-day moving average of $128.34. The stock has a market cap of $14.31 billion, a PE ratio of 30.25 and a beta of 0.85. Equifax Inc. has a one year low of $91.72 and a one year high of $136.97.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, October 26th. The company reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. Equifax had a net margin of 15.87% and a return on equity of 24.73%. The business earned $804.10 million during the quarter, compared to analysts’ expectations of $208.05 million. During the same period last year, the company posted $1.14 EPS. The business’s revenue was up 20.5% on a year-over-year basis. On average, equities research analysts expect that Equifax Inc. will post $5.46 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 23rd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, November 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.10%. Equifax’s dividend payout ratio is presently 33.42%.
Institutional investors have recently added to or reduced their stakes in the company. BlueMountain Capital Management LLC boosted its position in Equifax by 58.4% in the first quarter. BlueMountain Capital Management LLC now owns 14,997 shares of the company’s stock worth $1,714,000 after buying an additional 5,527 shares in the last quarter. First Republic Investment Management Inc. raised its stake in shares of Equifax by 40.3% in the first quarter. First Republic Investment Management Inc. now owns 6,626 shares of the company’s stock worth $758,000 after buying an additional 1,902 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of Equifax during the first quarter worth $1,136,000. Royal Bank of Canada raised its stake in shares of Equifax by 12.2% in the first quarter. Royal Bank of Canada now owns 208,186 shares of the company’s stock worth $23,795,000 after buying an additional 22,661 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in shares of Equifax by 2.6% in the first quarter. Arizona State Retirement System now owns 35,781 shares of the company’s stock worth $4,089,000 after buying an additional 900 shares during the last quarter. 87.80% of the stock is owned by hedge funds and other institutional investors.
EFX has been the topic of a number of research reports. Jefferies Group restated a “hold” rating and issued a $128.00 price target on shares of Equifax in a report on Thursday, July 28th. Stifel Nicolaus boosted their price target on Equifax from $131.00 to $143.00 and gave the company a “buy” rating in a report on Friday, July 29th. Deutsche Bank AG boosted their price target on Equifax from $125.00 to $145.00 and gave the company a “buy” rating in a report on Friday, July 29th. JPMorgan Chase & Co. boosted their price target on Equifax from $133.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, July 29th. Finally, Zacks Investment Research upgraded Equifax from a “hold” rating to a “buy” rating and set a $148.00 price target on the stock in a report on Monday, August 1st. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $140.70.
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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