Amalgamated Bank Has $7.69 Million Stake in Equifax Inc. (NYSE:EFX)

Amalgamated Bank cut its holdings in Equifax Inc. (NYSE:EFX) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,101 shares of the credit services provider’s stock after selling 1,577 shares during the period. Amalgamated Bank’s holdings in Equifax were worth $7,691,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. DAVENPORT & Co LLC raised its stake in Equifax by 2.4% in the fourth quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after purchasing an additional 48 shares in the last quarter. Greenleaf Trust boosted its position in shares of 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 acquiring an additional 61 shares in the last quarter. Concord Wealth Partners boosted its position 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 acquiring an additional 64 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Equifax by 1.6% during the third quarter. Chicago Partners Investment Group LLC now owns 4,287 shares of the credit services provider’s stock valued at $768,000 after purchasing an additional 69 shares in the last quarter. Finally, Butensky & Cohen Financial Security Inc. lifted its stake in Equifax by 0.4% during the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 17,258 shares of the credit services provider’s stock worth $4,268,000 after purchasing an additional 69 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Insider Activity

In other Equifax news, CEO Mark W. Begor sold 58,300 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $225.45, for a total value of $13,143,735.00. Following the completion of the sale, the chief executive officer now directly owns 109,220 shares in the company, valued at $24,623,649. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Equifax news, EVP Rodolfo O. Ploder sold 14,097 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $225.45, for a total transaction of $3,178,168.65. Following the transaction, the executive vice president now owns 75,964 shares in the company, valued at $17,126,083.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Mark W. Begor sold 58,300 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 109,220 shares of the company’s stock, valued at $24,623,649. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on EFX. Truist Financial boosted their price target on Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Bank of America lowered their price objective on shares of Equifax from $300.00 to $255.00 and set a “buy” rating for the company in a research report on Friday, April 19th. JPMorgan Chase & Co. decreased their target price on shares of Equifax from $290.00 to $273.00 and set an “overweight” rating on the stock in a research note on Friday, April 19th. Redburn Atlantic cut Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target for the company. in a research note on Thursday, January 11th. Finally, Stifel Nicolaus raised their price objective on Equifax from $208.00 to $289.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Four 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, Equifax has a consensus rating of “Moderate Buy” and an average target price of $270.19.

Equifax Stock Up 1.1 %

Shares of NYSE EFX opened at $227.05 on Friday. The company’s 50 day moving average price is $250.99 and its 200-day moving average price is $234.48. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.73 and a current ratio of 0.73. Equifax Inc. has a 52-week low of $159.95 and a 52-week high of $275.10. The company has a market capitalization of $28.07 billion, a P/E ratio of 50.57, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54.

Equifax (NYSE:EFX) last released its earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.06. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the business earned $1.43 earnings per share. Equifax’s revenue for the quarter was up 6.7% on a year-over-year basis. Equities analysts forecast that Equifax Inc. will post 7.36 earnings per share for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, May 23rd. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

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.