TCV Trust & Wealth Management Inc. lifted its holdings in shares of Equifax Inc. (NYSE:EFX – Free Report) by 18.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,900 shares of the credit services provider’s stock after buying an additional 300 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Equifax were worth $484,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Compound Global Advisors LLC acquired a new position in Equifax in the fourth quarter valued at about $739,000. Arlington Partners LLC increased its stake in shares of Equifax by 14.2% in the 4th quarter. Arlington Partners LLC now owns 16,251 shares of the credit services provider’s stock valued at $4,142,000 after acquiring an additional 2,018 shares during the last quarter. Thompson Investment Management Inc. raised its position in shares of Equifax by 0.4% in the 4th quarter. Thompson Investment Management Inc. now owns 15,594 shares of the credit services provider’s stock valued at $3,974,000 after acquiring an additional 67 shares during the period. Empowered Funds LLC boosted its stake in Equifax by 2.5% during the 4th quarter. Empowered Funds LLC now owns 2,202 shares of the credit services provider’s stock worth $561,000 after acquiring an additional 53 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in Equifax by 24.7% during the fourth quarter. Apollon Wealth Management LLC now owns 2,795 shares of the credit services provider’s stock valued at $712,000 after purchasing an additional 553 shares during the period. 96.20% of the stock is owned by institutional investors.
Insider Transactions at Equifax
In other news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.57% of the company’s stock.
Equifax Stock Performance
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings data 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 net margin of 10.63% and a return on equity of 19.13%. Research analysts forecast that Equifax Inc. will post 7.45 EPS for the current fiscal year.
Equifax Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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 0.62%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is 32.30%.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. Oppenheimer cut their target price 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. JPMorgan Chase & Co. dropped their price objective on Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. UBS Group decreased their target price on Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Morgan Stanley dropped their price target on Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, Barclays decreased their price objective on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $301.69.
Get Our Latest Analysis on Equifax
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.
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