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Equifax, Inc. (NYSE:EFX) Stock Position Decreased by Brookstone Capital Management

Equifax logo with Business Services background

Brookstone Capital Management cut its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 38.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,245 shares of the credit services provider's stock after selling 10,981 shares during the quarter. Brookstone Capital Management's holdings in Equifax were worth $4,200,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. True Wealth Design LLC raised its holdings in Equifax by 1,920.0% in the fourth quarter. True Wealth Design LLC now owns 101 shares of the credit services provider's stock valued at $26,000 after acquiring an additional 96 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Equifax in the 4th quarter valued at about $28,000. Colonial Trust Co SC lifted its position in shares of Equifax by 505.0% during the fourth quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock worth $31,000 after purchasing an additional 101 shares during the last quarter. City Holding Co. bought a new position in shares of Equifax during the first quarter worth about $34,000. Finally, ST Germain D J Co. Inc. bought a new stake in Equifax in the first quarter valued at about $38,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Get Our Latest Report on EFX

Equifax Stock Performance

Shares of NYSE:EFX traded up $2.56 on Monday, hitting $264.37. The company's stock had a trading volume of 765,588 shares, compared to its average volume of 983,952. Equifax, Inc. has a 12 month low of $199.98 and a 12 month high of $309.63. The stock's 50-day moving average is $264.32 and its two-hundred day moving average is $252.86. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $32.83 billion, a price-to-earnings ratio of 54.06, a price-to-earnings-growth ratio of 2.85 and a beta of 1.60.

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

Equifax Increases Dividend

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

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 22,160 shares of the business's stock in a transaction on Monday, April 28th. The stock was sold at an average price of $256.61, for a total value of $5,686,477.60. Following the sale, the chief executive officer owned 142,395 shares of the company's stock, valued at approximately $36,539,980.95. The trade was a 13.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John W. Gamble, Jr. sold 2,000 shares of the firm's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $259.10, for a total value of $518,200.00. Following the transaction, the executive vice president directly 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. Corporate insiders own 1.40% of the company's stock.

Equifax Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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