Wealthfront Advisers LLC Has $1.78 Million Stock Position in Equifax, Inc. (NYSE:EFX)

Wealthfront Advisers LLC raised its holdings in Equifax, Inc. (NYSE:EFX - Free Report) by 25.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 7,321 shares of the credit services provider's stock after acquiring an additional 1,464 shares during the period. Wealthfront Advisers LLC's holdings in Equifax were worth $1,783,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EFX. DAVENPORT & Co LLC boosted its stake in shares of Equifax by 12.0% in the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock valued at $539,000 after purchasing an additional 237 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Equifax by 1,464.7% during the first quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock valued at $4,413,000 after acquiring an additional 16,961 shares in the last quarter. OneDigital Investment Advisors LLC acquired a new stake in shares of Equifax during the first quarter valued at about $209,000. QRG Capital Management Inc. increased its position in shares of Equifax by 19.9% during the first quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider's stock worth $392,000 after acquiring an additional 267 shares during the last quarter. Finally, Meeder Advisory Services Inc. lifted its stake 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 acquiring an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company's stock.

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 22,160 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer directly owned 142,395 shares of the company's stock, valued at $36,539,980.95. This represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John W. Gamble, Jr. sold 2,000 shares of the business's 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 completion of the sale, the executive vice president directly owned 65,176 shares of the company's stock, 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. 1.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EFX has been the topic of several research analyst reports. Stifel Nicolaus increased their price target on shares of Equifax from $277.00 to $295.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Oppenheimer boosted their price objective on Equifax from $277.00 to $296.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. BMO Capital Markets started coverage on Equifax in a research report on Thursday, July 10th. They issued a "market perform" rating and a $280.00 target price on the stock. Wells Fargo & Company boosted their price target on shares of Equifax from $306.00 to $310.00 and gave the company an "overweight" rating in a report on Monday, July 7th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $305.00 price objective (up previously from $295.00) on shares of Equifax in a report on Tuesday, June 10th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $295.50.

Equifax Price Performance

EFX stock traded down $18.32 during trading hours on Tuesday, hitting $241.32. 1,434,993 shares of the stock traded hands, compared to its average volume of 1,037,116. The stock has a 50-day simple moving average of $264.05 and a 200 day simple moving average of $253.21. The company has a market cap of $29.97 billion, a P/E ratio of 49.35, a P/E/G ratio of 2.99 and a beta of 1.60. Equifax, Inc. has a one year low of $199.98 and a one year high of $309.63. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.86.

Equifax (NYSE:EFX - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.08. Equifax had a return on equity of 18.81% and a net margin of 10.68%. Equifax's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.82 EPS. Equities analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 23rd were issued a $0.50 dividend. This is an increase from Equifax's previous quarterly dividend of $0.39. The ex-dividend date was Friday, May 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.83%. Equifax's dividend payout ratio is currently 40.90%.

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.