Triangle Securities Wealth Management Sells 50 Shares of Equifax Inc. (NYSE:EFX)

Triangle Securities Wealth Management lowered its stake in Equifax Inc. (NYSE:EFX) by 1.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,203 shares of the credit services provider’s stock after selling 50 shares during the quarter. Triangle Securities Wealth Management’s holdings in Equifax were worth $816,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Susquehanna Fundamental Investments LLC purchased a new stake in Equifax in the 2nd quarter worth approximately $15,646,000. Barclays PLC increased its stake in shares of Equifax by 2.8% in the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after purchasing an additional 5,097 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Equifax by 16.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 584,820 shares of the credit services provider’s stock valued at $141,789,000 after purchasing an additional 81,966 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock valued at $1,880,000 after purchasing an additional 231 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in Equifax by 84.1% in the 3rd quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock worth $2,016,000 after buying an additional 3,135 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on EFX. Wells Fargo & Company decreased their price target on Equifax from $325.00 to $321.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. UBS Group initiated coverage on Equifax in a research note on Tuesday, October 1st. They set a “buy” rating and a $360.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a research note on Tuesday, November 19th. Robert W. Baird lifted their price objective on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Finally, Needham & Company LLC restated a “buy” rating and set a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.12.

Equifax Stock Performance

EFX stock opened at $262.87 on Friday. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The firm has a market cap of $32.58 billion, a price-to-earnings ratio of 58.42, a PEG ratio of 2.43 and a beta of 1.57. The business’s fifty day simple moving average is $258.08 and its two-hundred day simple moving average is $273.27. 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 (NYSE:EFX) last posted its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.76 EPS. Analysts predict that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Dividend Announcement

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

Insider Activity

In other news, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now owns 109,183 shares in the company, valued at approximately $29,532,909.67. This trade represents a 34.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Lisa M. Nelson sold 551 shares of the company’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 sale, the executive vice president now directly owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 59,855 shares of company stock valued at $16,187,044. Corporate insiders own 1.66% of the company’s stock.

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.