Equifax, Inc. (NYSE:EFX) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in Equifax, Inc. (NYSE:EFX - Free Report) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,098,718 shares of the credit services provider's stock after acquiring an additional 46,505 shares during the quarter. Bank of New York Mellon Corp owned 0.88% of Equifax worth $267,604,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its stake in shares of Equifax by 1,920.0% in the fourth quarter. True Wealth Design LLC now owns 101 shares of the credit services provider's stock worth $26,000 after buying an additional 96 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in Equifax in the 4th quarter valued at $28,000. Colonial Trust Co SC grew its holdings in Equifax by 505.0% in the 4th quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock valued at $31,000 after buying an additional 101 shares in the last quarter. City Holding Co. purchased a new position in shares of Equifax during the 1st quarter worth $34,000. Finally, Generali Asset Management SPA SGR purchased a new position in shares of Equifax during the 4th quarter worth $39,000. Hedge funds and other institutional investors own 96.20% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on EFX shares. Bank of America lowered Equifax from a "buy" rating to a "neutral" rating and reduced their price target for the company from $300.00 to $285.00 in a research report on Monday, June 23rd. BNP Paribas cut shares of Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 price objective on the stock. in a research note on Friday, March 14th. Oppenheimer lifted their price target on Equifax from $277.00 to $296.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Barclays reaffirmed an "equal weight" rating and set a $260.00 price objective (down from $325.00) on shares of Equifax in a report on Friday, April 4th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $305.00 price target (up from $295.00) on shares of Equifax in a report on Tuesday, June 10th. Six research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $295.19.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 22,160 shares of the company's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $256.61, for a total transaction of $5,686,477.60. Following the completion of the transaction, the chief executive officer directly owned 142,395 shares of the company's stock, valued at approximately $36,539,980.95. This represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John W. Gamble, Jr. sold 2,000 shares of the business's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $259.10, for a total value of $518,200.00. Following the completion of the transaction, the executive vice president owned 65,176 shares of the company's stock, valued at $16,887,101.60. This represents a 2.98% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

Equifax Trading Up 0.0%

NYSE EFX traded up $0.12 during trading hours on Tuesday, reaching $264.20. The company's stock had a trading volume of 2,346,121 shares, compared to its average volume of 989,380. The stock has a market cap of $32.81 billion, a P/E ratio of 54.03, a P/E/G ratio of 2.85 and a beta of 1.60. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.85 and a quick ratio of 0.85. Equifax, Inc. has a 52 week low of $199.98 and a 52 week high of $309.63. The firm has a fifty day simple moving average of $264.48 and a 200-day simple moving average of $252.90.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The credit services provider reported $1.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.08. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. Equifax had a return on equity of 18.81% and a net margin of 10.68%. Equities analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 23rd were given a dividend of $0.50 per share. This is a positive change from Equifax's previous quarterly dividend of $0.39. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Friday, May 23rd. Equifax's payout ratio is 40.90%.

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.