Nationwide Fund Advisors increased its stake in shares of Equifax Inc. (NYSE:EFX) by 77.5% during the second quarter, Holdings Channel reports. The institutional investor owned 60,153 shares of the company’s stock after buying an additional 26,258 shares during the period. Nationwide Fund Advisors owned about 0.05% of Equifax worth $7,724,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. Mission Wealth Management LLC raised its position in shares of Equifax by 0.3% in the second quarter. Mission Wealth Management LLC now owns 2,269 shares of the company’s stock valued at $291,000 after buying an additional 7 shares during the last quarter. Conning Inc. raised its position in shares of Equifax by 0.3% in the second quarter. Conning Inc. now owns 2,873 shares of the company’s stock valued at $369,000 after buying an additional 10 shares during the last quarter. Cleararc Capital Inc. raised its position in shares of Equifax by 0.6% in the first quarter. Cleararc Capital Inc. now owns 2,907 shares of the company’s stock valued at $332,000 after buying an additional 17 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its position in shares of Equifax by 2.4% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 2,999 shares of the company’s stock valued at $347,000 after buying an additional 69 shares during the last quarter. Finally, Royce & Associates LP raised its position in shares of Equifax by 0.4% in the first quarter. Royce & Associates LP now owns 23,712 shares of the company’s stock valued at $2,710,000 after buying an additional 100 shares during the last quarter. 88.64% of the stock is owned by hedge funds and other institutional investors.
Equifax Inc. (NYSE:EFX) traded down 1.22% during midday trading on Friday, hitting $132.03. 391,900 shares of the stock traded hands. The stock has a market cap of $15.76 billion, a price-to-earnings ratio of 34.37 and a beta of 0.87. Equifax Inc. has a one year low of $91.72 and a one year high of $136.97. The company has a 50-day moving average price of $132.24 and a 200 day moving average price of $124.47.
Equifax (NYSE:EFX) last posted its earnings results on Wednesday, July 27th. The company reported $1.43 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.07. The firm had revenue of $811.30 million for the quarter, compared to the consensus estimate of $802.85 million. Equifax had a net margin of 16.11% and a return on equity of 24.51%. The company’s revenue was up 19.6% on a year-over-year basis. During the same period last year, the firm posted $1.15 EPS. Equities research analysts anticipate that Equifax Inc. will post ($0.47) earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Friday, August 19th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Wednesday, August 17th. Equifax’s dividend payout ratio (DPR) is 34.38%.
EFX has been the topic of several research reports. Barclays PLC lifted their price objective on shares of Equifax from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday. Zacks Investment Research raised shares of Equifax from a “hold” rating to a “buy” rating and set a $148.00 price objective on the stock in a report on Monday, August 1st. Jefferies Group reissued a “hold” rating and set a $128.00 price objective on shares of Equifax in a report on Thursday, July 28th. Royal Bank Of Canada reissued a “buy” rating and set a $136.00 price objective on shares of Equifax in a report on Wednesday, June 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Equifax from $133.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, July 29th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $140.22.
In related news, insider J Dann Adams sold 4,422 shares of the stock in a transaction on Friday, July 29th. The shares were sold at an average price of $134.00, for a total value of $592,548.00. Following the transaction, the insider now directly owns 57,804 shares of the company’s stock, valued at approximately $7,745,736. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paulino R. Barros sold 5,205 shares of the stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of $132.00, for a total transaction of $687,060.00. Following the completion of the transaction, the insider now directly owns 10,786 shares in the company, valued at $1,423,752. The disclosure for this sale can be found here. 2.01% of the stock is currently owned by corporate insiders.
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax Inc. (NYSE:EFX).
Receive News & Ratings for Equifax Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax Inc. and related companies with MarketBeat.com's FREE daily email newsletter.