Lynwood Price Capital Management LP Has $4.26 Million Position in Equifax, Inc. (NYSE:EFX)

Key Points

• Lynwood Price Capital Management LP has significantly reduced its stake in Equifax, decreasing its holdings by 62.6% to 17,500 shares, worth approximately $4.26 million.
• Several institutional investors are taking opposite actions, with Natixis Advisors increasing its holdings in Equifax by 52.9% during the same period.
• Equifax's latest quarterly earnings exceeded analyst expectations, with an EPS of $2.00 and revenues of $1.54 billion, up 7.4% year-over-year.

Lynwood Price Capital Management LP decreased its position in Equifax, Inc. (NYSE:EFX - Free Report) by 62.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,500 shares of the credit services provider's stock after selling 29,300 shares during the period. Equifax comprises approximately 2.4% of Lynwood Price Capital Management LP's holdings, making the stock its 14th largest holding. Lynwood Price Capital Management LP's holdings in Equifax were worth $4,262,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. True Wealth Design LLC grew its position in Equifax by 1,920.0% during the 4th quarter. True Wealth Design LLC now owns 101 shares of the credit services provider's stock worth $26,000 after acquiring an additional 96 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of Equifax in the 4th quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new position in shares of Equifax in the 1st quarter valued at $28,000. Colonial Trust Co SC lifted its stake in shares of 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 purchasing an additional 101 shares during the period. Finally, City Holding Co. acquired a new position in shares of Equifax in the 1st quarter valued at $34,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Equifax Price Performance

EFX traded down $0.62 during trading on Friday, hitting $239.61. 1,606,221 shares of the stock traded hands, compared to its average volume of 1,093,116. Equifax, Inc. has a twelve month low of $199.98 and a twelve month high of $309.63. The company has a market cap of $29.66 billion, a price-to-earnings ratio of 46.89, a PEG ratio of 2.66 and a beta of 1.64. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77. The business has a 50 day moving average price of $258.65 and a 200 day moving average price of $252.80.

Equifax (NYSE:EFX - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share for the quarter, topping analysts' consensus estimates of $1.92 by $0.08. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.51 billion. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The company's revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.82 earnings per share. Equities research analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the sale, the chief executive officer owned 142,872 shares of the company's stock, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 transaction of $518,200.00. Following the sale, the executive vice president directly owned 65,176 shares in the company, valued at approximately $16,887,101.60. The trade was a 2.98% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.40% of the company's stock.

Wall Street Analysts Forecast Growth

EFX has been the topic of a number of analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $295.00 price target on shares of Equifax in a research note on Friday, June 20th. Citigroup reduced their target price on Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. dropped their price target on Equifax from $277.00 to $272.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 23rd. Robert W. Baird dropped their price target on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Finally, Oppenheimer decreased their price objective on Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. Seven investment 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. Based on data from MarketBeat, Equifax currently has an average rating of "Moderate Buy" and an average target price of $285.00.

About Equifax

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.