Equifax Inc. (NYSE:EFX) Stake Lessened by Ninety One North America Inc.

Ninety One North America Inc. trimmed its holdings in shares of Equifax Inc. (NYSE:EFX) by 11.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,575 shares of the credit services provider’s stock after selling 468 shares during the quarter. Ninety One North America Inc.’s holdings in Equifax were worth $911,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in shares of Equifax in the 3rd quarter valued at approximately $29,000. Central Pacific Bank Trust Division purchased a new stake in shares of Equifax in the 4th quarter valued at approximately $35,000. Spire Wealth Management lifted its position in shares of Equifax by 98.7% in the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after acquiring an additional 75 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Equifax in the 3rd quarter valued at approximately $48,000. Finally, Intact Investment Management Inc. purchased a new stake in shares of Equifax in the 3rd quarter valued at approximately $73,000. 96.20% of the stock is currently owned by institutional investors.

Equifax Stock Performance

Shares of EFX stock opened at $266.70 on Tuesday. The company’s fifty day simple moving average is $261.32 and its 200-day simple moving average is $275.08. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The firm has a market cap of $33.06 billion, a PE ratio of 59.26, a P/E/G ratio of 2.84 and a beta of 1.58. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date was Friday, November 22nd. Equifax’s dividend payout ratio is presently 34.67%.

Insider Transactions at Equifax

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following 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 represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.66% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Morgan Stanley cut their target price on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 target price on shares of Equifax in a research report on Monday, October 28th. JPMorgan Chase & Co. cut their target price on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a research report on Tuesday, November 19th. Robert W. Baird increased their target price on shares of Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Finally, BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 target price for the company in a research report on Monday, December 16th. Two analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $310.41.

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.