Townsquare Capital LLC Purchases 1,475 Shares of Equifax, Inc. (NYSE:EFX)

Key Points

• Townsquare Capital LLC increased its stake in Equifax, acquiring an additional 1,475 shares, bringing its total to 17,832 shares valued at approximately $4.34 million.
• Equifax's recent quarterly earnings exceeded expectations, reporting $2.00 earnings per share against an estimate of $1.92, along with a 7.4% year-over-year revenue growth.
• CEO Mark W. Begor sold 48,264 shares of Equifax at an average price of $241.71, reducing his ownership stake by 25.25% to 142,872 shares.

Townsquare Capital LLC boosted its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 9.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,832 shares of the credit services provider's stock after buying an additional 1,475 shares during the period. Townsquare Capital LLC's holdings in Equifax were worth $4,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of EFX. Integrated Advisors Network LLC boosted its position in shares of Equifax by 2.8% in the 4th quarter. Integrated Advisors Network LLC now owns 1,595 shares of the credit services provider's stock worth $406,000 after purchasing an additional 44 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in Equifax by 3.8% during the first quarter. Axxcess Wealth Management LLC now owns 1,395 shares of the credit services provider's stock worth $340,000 after acquiring an additional 51 shares in the last quarter. LRI Investments LLC lifted its holdings in Equifax by 5.3% during the fourth quarter. LRI Investments LLC now owns 1,046 shares of the credit services provider's stock worth $266,000 after acquiring an additional 53 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in Equifax by 9.5% during the first quarter. First Horizon Advisors Inc. now owns 738 shares of the credit services provider's stock worth $180,000 after acquiring an additional 64 shares in the last quarter. Finally, Thompson Investment Management Inc. lifted its holdings in shares of Equifax by 0.4% in the first quarter. Thompson Investment Management Inc. now owns 15,661 shares of the credit services provider's stock valued at $3,814,000 after purchasing an additional 67 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction that occurred on Monday, July 28th. The stock was 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 owned 142,872 shares in the company, valued at $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EFX shares. BMO Capital Markets cut their price target on Equifax from $280.00 to $260.00 and set a "market perform" rating on the stock in a report on Wednesday, July 23rd. Robert W. Baird cut their price target on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Stifel Nicolaus boosted their price target on Equifax from $277.00 to $295.00 and gave the company a "buy" rating in a report on Wednesday, June 18th. UBS Group cut their price target on Equifax from $315.00 to $278.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Finally, Citigroup cut their price target on Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and an average target price of $285.00.

Equifax Stock Performance

NYSE EFX traded down $5.11 during trading on Thursday, reaching $248.19. 1,088,169 shares of the company's stock were exchanged, compared to its average volume of 1,060,843. The business has a 50 day moving average price of $255.39 and a 200-day moving average price of $251.53. The stock has a market capitalization of $30.73 billion, a P/E ratio of 48.57, 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, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly 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 the consensus estimate of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%. The business's revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.82 earnings per share. Sell-side analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Company 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.