Equifax, Inc. (EFX) Shares Sold by Ativo Capital Management LLC
Ativo Capital Management LLC reduced its position in Equifax, Inc. (NYSE:EFX) by 10.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,789 shares of the credit services provider’s stock after selling 1,800 shares during the quarter. Ativo Capital Management LLC’s holdings in Equifax were worth $2,170,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. UBS Asset Management Americas Inc. increased its holdings in Equifax by 7.7% in the second quarter. UBS Asset Management Americas Inc. now owns 435,077 shares of the credit services provider’s stock valued at $59,788,000 after buying an additional 31,054 shares during the last quarter. New York State Common Retirement Fund increased its holdings in Equifax by 2.8% in the second quarter. New York State Common Retirement Fund now owns 350,984 shares of the credit services provider’s stock valued at $48,232,000 after buying an additional 9,483 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in Equifax by 0.3% in the second quarter. Thrivent Financial For Lutherans now owns 410,190 shares of the credit services provider’s stock valued at $56,368,000 after buying an additional 1,190 shares during the last quarter. Stevens Capital Management LP bought a new stake in Equifax in the second quarter valued at about $1,331,000. Finally, BT Investment Management Ltd bought a new stake in Equifax in the second quarter valued at about $542,000. 90.00% of the stock is owned by hedge funds and other institutional investors.
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In other Equifax news, CFO John W. Gamble, Jr. sold 6,500 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total transaction of $946,400.00. Following the completion of the transaction, the chief financial officer now owns 42,078 shares in the company, valued at $6,126,556.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total transaction of $584,080.00. Following the transaction, the insider now owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,219 shares of company stock valued at $1,780,938. Corporate insiders own 1.29% of the company’s stock.
Several analysts recently weighed in on the company. Morgan Stanley lowered their price objective on Equifax from $144.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, September 8th. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a report on Friday, September 8th. Cowen and Company reissued a “buy” rating and issued a $151.00 price objective on shares of Equifax in a report on Friday, July 28th. Deutsche Bank AG reissued a “buy” rating and issued a $160.00 price objective (up from $140.00) on shares of Equifax in a report on Thursday, July 27th. Finally, BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company’s stock. Equifax currently has a consensus rating of “Buy” and a consensus target price of $136.73.
Shares of Equifax, Inc. (NYSE EFX) traded down 0.1722% during trading on Tuesday, reaching $94.2175. The company had a trading volume of 4,093,218 shares. The firm has a 50-day moving average of $134.93 and a 200-day moving average of $136.82. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02. The company has a market cap of $11.34 billion, a P/E ratio of 19.9571 and a beta of 0.93.
Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. The firm had revenue of $856.70 million during the quarter, compared to analysts’ expectations of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. On average, equities research analysts anticipate that Equifax, Inc. will post $6.03 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio is 33.05%.
Equifax Company Profile
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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