Dynamic Technology Lab Private Ltd Buys Shares of 16,487 Equifax Inc. (NYSE:EFX)

Dynamic Technology Lab Private Ltd bought a new stake in shares of Equifax Inc. (NYSE:EFX) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 16,487 shares of the credit services provider’s stock, valued at approximately $4,845,000. Equifax comprises approximately 0.5% of Dynamic Technology Lab Private Ltd’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EFX. International Assets Investment Management LLC raised its stake in Equifax by 76,913.8% during the 3rd quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock worth $282,212,000 after buying an additional 959,115 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Equifax by 4.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock worth $1,036,952,000 after purchasing an additional 200,665 shares during the period. Ceredex Value Advisors LLC grew its position in shares of Equifax by 127.1% in the 2nd quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock valued at $84,947,000 after purchasing an additional 196,106 shares during the period. American Century Companies Inc. grew its position in shares of Equifax by 27.3% in the 2nd quarter. American Century Companies Inc. now owns 606,969 shares of the credit services provider’s stock valued at $147,166,000 after purchasing an additional 130,249 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in Equifax by 5,123.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 115,114 shares of the credit services provider’s stock worth $33,827,000 after buying an additional 112,910 shares during the period. Institutional investors own 96.20% of the company’s stock.

Equifax Trading Up 0.3 %

EFX stock opened at $253.58 on Monday. Equifax Inc. has a 52 week low of $208.67 and a 52 week high of $309.63. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The company’s 50-day simple moving average is $277.59 and its 200 day simple moving average is $268.19. The company has a market capitalization of $31.43 billion, a PE ratio of 56.35, a price-to-earnings-growth ratio of 3.15 and a beta of 1.59.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $1.76 earnings per share. As a group, sell-side analysts anticipate that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, November 22nd. Equifax’s payout ratio is currently 34.67%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EFX shares. Morgan Stanley increased their price objective on shares of Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. Barclays boosted their price target on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. BNP Paribas upgraded Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective for the company in a report on Thursday, September 19th. UBS Group initiated coverage on Equifax in a research report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price target for the company. Finally, Stifel Nicolaus cut their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, Equifax has a consensus rating of “Moderate Buy” and an average target price of $306.74.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction 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 transaction, the chief executive officer now owns 109,183 shares in the company, valued at approximately $29,532,909.67. This trade represents a 34.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the sale, the executive vice president now owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. This represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.66% of the stock is owned by 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.