1834 Investment Advisors Co. Sells 320 Shares of Equifax Inc. (NYSE:EFX)

1834 Investment Advisors Co. lessened its stake in shares of Equifax Inc. (NYSE:EFX) by 8.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,419 shares of the credit services provider’s stock after selling 320 shares during the period. 1834 Investment Advisors Co.’s holdings in Equifax were worth $1,005,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EFX. Brookstone Capital Management grew its stake in shares of Equifax by 8.5% during the 2nd quarter. Brookstone Capital Management now owns 26,675 shares of the credit services provider’s stock valued at $6,916,000 after acquiring an additional 2,085 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of Equifax by 14.2% in the first quarter. CANADA LIFE ASSURANCE Co now owns 126,856 shares of the credit services provider’s stock worth $33,970,000 after purchasing an additional 15,744 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Equifax by 85.8% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 37,902 shares of the credit services provider’s stock valued at $9,904,000 after purchasing an additional 17,501 shares during the period. Cetera Investment Advisers raised its position in shares of Equifax by 183.0% during the 1st quarter. Cetera Investment Advisers now owns 17,015 shares of the credit services provider’s stock valued at $4,552,000 after purchasing an additional 11,002 shares during the period. Finally, Quantbot Technologies LP purchased a new position in shares of Equifax during the 1st quarter valued at $746,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Buying and Selling

In related news, EVP John J. Kelley III sold 1,000 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction 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 trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of 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 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.66% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. UBS Group started coverage on Equifax in a report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price target on the stock. BNP Paribas upgraded Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 target price for the company in a research report on Thursday, September 19th. Wells Fargo & Company reissued a “buy” rating on shares of Equifax in a report on Friday, October 18th. Morgan Stanley increased their price objective 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. Finally, Stifel Nicolaus lifted their price objective on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $310.47.

Equifax Trading Up 1.9 %

Shares of EFX stock opened at $269.63 on Wednesday. The company has a market cap of $33.42 billion, a PE ratio of 59.92, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59. Equifax Inc. has a 1 year low of $179.13 and a 1 year high of $309.63. The stock’s 50 day simple moving average is $288.57 and its two-hundred day simple moving average is $265.19. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. Equifax’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.76 EPS. Research analysts predict that Equifax Inc. will post 7.29 earnings per share for the current year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were issued a $0.39 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. Equifax’s dividend payout ratio (DPR) is presently 34.67%.

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.