Boston Financial Mangement LLC Sells 8,970 Shares of Equifax Inc. (NYSE:EFX)

Boston Financial Mangement LLC trimmed its holdings in Equifax Inc. (NYSE:EFX) by 8.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 98,623 shares of the credit services provider’s stock after selling 8,970 shares during the period. Boston Financial Mangement LLC owned about 0.08% of Equifax worth $25,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. McClarren Financial Advisors Inc. bought a new position in Equifax in the 4th quarter valued at about $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of Equifax in the third quarter worth approximately $29,000. Central Pacific Bank Trust Division bought a new position in shares of Equifax in the fourth quarter valued at approximately $35,000. Spire Wealth Management boosted its position in shares of Equifax by 98.7% during the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after buying an additional 75 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in Equifax during the third quarter worth $48,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Equifax Price Performance

EFX opened at $243.15 on Thursday. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company has a market capitalization of $30.14 billion, a price-to-earnings ratio of 50.34, a PEG ratio of 2.88 and a beta of 1.58. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The firm has a 50-day moving average price of $259.15 and a 200-day moving average price of $273.44.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Equities analysts expect that Equifax Inc. will post 7.57 EPS for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Friday, February 21st. Equifax’s dividend payout ratio is presently 32.30%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Oppenheimer cut their price objective on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Wolfe Research cut shares of Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. UBS Group decreased their price objective on shares of Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Argus downgraded Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company decreased their price target on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $301.13.

Insider Transactions at Equifax

In related news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the transaction, the executive vice president now directly owns 11,697 shares in the company, valued at $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.57% of the company’s stock.

About Equifax

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.