Equifax Inc. (NYSE:EFX) Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN cut its stake in Equifax Inc. (NYSE:EFX - Free Report) by 5.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,016 shares of the credit services provider's stock after selling 3,904 shares during the quarter. OLD National Bancorp IN owned about 0.05% of Equifax worth $15,592,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Equifax by 39.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider's stock worth $2,775,000 after acquiring an additional 3,043 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in Equifax by 11.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,585 shares of the credit services provider's stock worth $404,000 after purchasing an additional 158 shares during the period. Strategic Financial Concepts LLC bought a new stake in Equifax in the fourth quarter worth about $3,572,000. Van ECK Associates Corp boosted its position in shares of Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider's stock valued at $412,239,000 after buying an additional 791,730 shares during the period. Finally, Meeder Advisory Services Inc. raised its holdings in shares of Equifax by 1.7% in the fourth quarter. Meeder Advisory Services Inc. now owns 3,817 shares of the credit services provider's stock worth $973,000 after buying an additional 64 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Equifax Stock Up 0.1%

Shares of Equifax stock traded up $0.24 on Monday, reaching $268.55. The stock had a trading volume of 630,002 shares, compared to its average volume of 977,081. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $33.35 billion, a P/E ratio of 55.60, a P/E/G ratio of 2.79 and a beta of 1.63. The company has a 50 day moving average price of $250.44 and a 200 day moving average price of $253.00. Equifax Inc. has a 1 year low of $199.98 and a 1 year high of $309.63.

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 the consensus estimate of $1.45 by $0.08. Equifax had a return on equity of 19.13% and a net margin of 10.63%. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.41 billion. As a group, equities research analysts forecast that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.50 per share. The ex-dividend date is Friday, May 23rd. 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 yield of 0.74%. Equifax's dividend payout ratio (DPR) is currently 40.90%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EFX. Royal Bank of Canada restated an "outperform" rating and set a $300.00 price objective on shares of Equifax in a report on Wednesday, April 23rd. Barclays reaffirmed an "equal weight" rating and issued a $260.00 price target (down previously from $325.00) on shares of Equifax in a research note on Friday, April 4th. Wells Fargo & Company boosted their price objective on shares of Equifax from $288.00 to $306.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. BNP Paribas lowered shares of Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 target price on the stock. in a research report on Friday, March 14th. Finally, Bank of America initiated coverage on Equifax in a report on Thursday, April 10th. They set a "buy" rating and a $280.00 price objective on the stock. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $294.44.

Insiders Place Their Bets

In related news, CEO Mark W. Begor sold 22,160 shares of the firm's stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $256.61, for a total transaction of $5,686,477.60. Following the sale, the chief executive officer now directly owns 142,395 shares of the company's stock, valued at $36,539,980.95. This trade represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John W. Gamble, Jr. sold 2,000 shares of Equifax stock in a transaction that occurred on 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 now owns 65,176 shares of the company's stock, valued at approximately $16,887,101.60. This represents a 2.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

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.