Raiffeisen Bank International AG Has $281,000 Holdings in Equifax, Inc. (NYSE:EFX)

Key Points

• Raiffeisen Bank International AG sold 4,885 shares of Equifax, reducing their holdings by 80.7% to 1,171 shares, valued at $281,000 as of the latest SEC filing.
• CEO Mark W. Begor sold 48,264 shares of Equifax stock for approximately $11.67 million, representing a 25.25% decrease in his ownership position.
• Equifax reported Q2 earnings of $2.00 per share, exceeding analysts' expectations, with revenue growth of 7.4% year-over-year to $1.54 billion.

Raiffeisen Bank International AG trimmed its stake in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 80.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,171 shares of the credit services provider's stock after selling 4,885 shares during the quarter. Raiffeisen Bank International AG's holdings in Equifax were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in EFX. True Wealth Design LLC grew its stake 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 buying an additional 96 shares during the last quarter. Ameriflex Group Inc. bought a new stake in Equifax in the fourth quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new position in shares of Equifax during the first quarter valued at $28,000. Colonial Trust Co SC boosted its holdings 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 valued at $31,000 after acquiring an additional 101 shares during the period. Finally, City Holding Co. bought a new position in shares of Equifax during the first quarter worth about $34,000. Institutional investors own 96.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. UBS Group cut their price objective on shares of Equifax from $315.00 to $278.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. Citigroup dropped their price target on shares of Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Barclays reduced their price objective on Equifax from $260.00 to $240.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. BMO Capital Markets decreased their price objective on Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a report on Wednesday, July 23rd. Finally, Oppenheimer cut their target price on Equifax from $296.00 to $279.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Seven 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's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $285.00.

Insider Activity at Equifax

In related news, CEO Mark W. Begor sold 48,264 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 142,872 shares of the company's stock, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by insiders.

Equifax Price Performance

Shares of Equifax stock traded up $1.08 during trading on Thursday, hitting $241.66. The stock had a trading volume of 772,223 shares, compared to its average volume of 1,131,071. The business has a fifty day moving average of $257.04 and a two-hundred day moving average of $252.27. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $309.63. The firm has a market cap of $29.92 billion, a P/E ratio of 47.29, a PEG ratio of 2.90 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.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period in the previous year, the business earned $1.82 earnings per share. Equifax's revenue for the quarter was up 7.4% compared to the same quarter last year. On average, sell-side analysts expect that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

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.