Premier Path Wealth Partners LLC Acquires 652 Shares of Equifax Inc. (NYSE:EFX)

Premier Path Wealth Partners LLC lifted its stake in Equifax Inc. (NYSE:EFX) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,716 shares of the credit services provider’s stock after buying an additional 652 shares during the period. Premier Path Wealth Partners LLC’s holdings in Equifax were worth $1,457,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Intech Investment Management LLC grew its holdings in shares of Equifax by 1.2% during the 2nd quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 44 shares in the last quarter. Cromwell Holdings LLC increased its holdings in Equifax by 13.5% in the 3rd quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock valued at $109,000 after buying an additional 44 shares during the period. Greenleaf Trust boosted its position in shares of Equifax by 3.0% during the 3rd quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider’s stock worth $489,000 after acquiring an additional 48 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Equifax by 3.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,474 shares of the credit services provider’s stock worth $401,000 after acquiring an additional 53 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC increased its stake in Equifax by 1.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 2,936 shares of the credit services provider’s stock valued at $863,000 after acquiring an additional 56 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Insider Activity at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at $3,075,535.48. The trade was a 8.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now directly owns 109,183 shares in the company, valued at approximately $29,532,909.67. The trade was a 34.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 59,855 shares of company stock valued at $16,187,044 in the last three months. Corporate insiders own 1.66% of the company’s stock.

Equifax Stock Performance

Shares of EFX stock opened at $262.87 on Friday. The firm has a 50 day moving average of $258.08 and a 200-day moving average of $273.04. The company has a market cap of $32.58 billion, a price-to-earnings ratio of 58.42, a price-to-earnings-growth ratio of 2.43 and a beta of 1.57. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a 52 week low of $213.02 and a 52 week high of $309.63.

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

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend was Friday, November 22nd. Equifax’s payout ratio is 34.67%.

Wall Street Analyst Weigh In

EFX has been the topic of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $350.00 target price on shares of Equifax in a report on Monday, October 28th. BNP Paribas raised Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price target on the stock in a research note on Monday, December 16th. Robert W. Baird upped their price objective on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Oppenheimer reduced their target price on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a report on Tuesday, November 19th. Finally, Stifel Nicolaus dropped their price target on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.12.

Equifax 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.