Sendero Wealth Management LLC Acquires 11,468 Shares of Equifax Inc. (NYSE:EFX)

Sendero Wealth Management LLC raised its holdings in Equifax Inc. (NYSE:EFX - Free Report) by 95.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,514 shares of the credit services provider's stock after acquiring an additional 11,468 shares during the period. Sendero Wealth Management LLC's holdings in Equifax were worth $5,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. McClarren Financial Advisors Inc. bought a new position in Equifax during the 4th quarter worth about $25,000. True Wealth Design LLC lifted its stake in Equifax by 1,920.0% in the 4th 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 position in Equifax during the 4th quarter worth approximately $28,000. Colonial Trust Co SC boosted its position in Equifax by 505.0% during the 4th quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock worth $31,000 after acquiring an additional 101 shares during the last quarter. Finally, Spire Wealth Management grew its stake in shares of Equifax by 98.7% during the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider's stock worth $38,000 after acquiring an additional 75 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP John W. Gamble, Jr. sold 2,000 shares of the 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 now directly owns 65,176 shares of the company's stock, valued at approximately $16,887,101.60. This represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark W. Begor sold 22,160 shares of the firm'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 completion of the transaction, the chief executive officer now owns 142,395 shares in the company, valued at $36,539,980.95. The trade was a 13.47% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company's stock.

Equifax Stock Performance

Shares of EFX traded down $1.06 during midday trading on Thursday, reaching $265.94. 852,643 shares of the stock were exchanged, compared to its average volume of 975,757. The stock's 50 day simple moving average is $249.50 and its 200 day simple moving average is $252.66. The company has a market cap of $33.03 billion, a P/E ratio of 55.06, a PEG ratio of 2.79 and a beta of 1.68. Equifax Inc. has a twelve month low of $199.98 and a twelve month high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The credit services provider reported $1.53 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.08. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.41 billion. Equifax had a net margin of 10.63% and a return on equity of 19.13%. On average, sell-side analysts expect that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors 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 represents a $2.00 dividend on an annualized basis and a yield of 0.75%. This is an increase from Equifax's previous quarterly dividend of $0.39. Equifax's dividend payout ratio is currently 40.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. BNP Paribas downgraded shares of Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 price objective for the company. in a research note on Friday, March 14th. Argus downgraded Equifax from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Bank of America initiated coverage on Equifax in a research note on Thursday, April 10th. They set a "buy" rating and a $280.00 price objective on the stock. Barclays reissued an "equal weight" rating and issued a $260.00 target price (down from $325.00) on shares of Equifax in a research note on Friday, April 4th. Finally, Oppenheimer boosted their price objective on shares of Equifax from $277.00 to $296.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Equifax presently has an average rating of "Moderate Buy" and a consensus target price of $294.44.

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.