Equifax Inc. (NYSE:EFX) Shares Purchased by Linscomb Wealth Inc.

Linscomb Wealth Inc. boosted its holdings in Equifax Inc. (NYSE:EFX) by 3.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 5,393 shares of the credit services provider’s stock after purchasing an additional 194 shares during the quarter. Linscomb Wealth Inc.’s holdings in Equifax were worth $1,585,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in Equifax during the third quarter valued at approximately $29,000. EntryPoint Capital LLC acquired a new stake in shares of Equifax during the 1st quarter valued at $30,000. Tortoise Investment Management LLC boosted its stake 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 worth $30,000 after acquiring an additional 54 shares in the last quarter. Mascoma Wealth Management LLC acquired a new position in shares of Equifax in the 2nd quarter worth $30,000. Finally, Crewe Advisors LLC raised its position in shares of Equifax by 138.2% during the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 76 shares during the period. Institutional investors own 96.20% of the company’s stock.

Equifax Stock Down 5.4 %

Equifax stock opened at $248.18 on Friday. The company has a market capitalization of $30.76 billion, a P/E ratio of 55.15, a P/E/G ratio of 2.50 and a beta of 1.59. Equifax Inc. has a 1-year low of $197.13 and a 1-year high of $309.63. The firm’s fifty day simple moving average is $282.67 and its 200-day simple moving average is $266.90. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. The company had revenue of $1.44 billion during 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 quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.76 earnings per share. Sell-side analysts forecast that Equifax Inc. will post 7.29 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.56 annualized dividend and a yield of 0.63%. Equifax’s dividend payout ratio (DPR) is presently 34.67%.

Analyst Ratings Changes

A number of brokerages recently weighed in on EFX. Stifel Nicolaus lifted their price target on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Morgan Stanley boosted their price target on shares of Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday, September 12th. UBS Group initiated coverage on shares of Equifax in a research report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price objective on the stock. Citigroup increased their target price on Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Finally, Robert W. Baird raised their target price on Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, Equifax currently has a consensus rating of “Moderate Buy” and an average price target of $310.47.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was 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 directly owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This represents a 34.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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. This trade represents a 8.15 % decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company 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.