Moore Capital Management LP Sells 13,495 Shares of Equifax Inc. (NYSE:EFX)

Moore Capital Management LP lowered its position in Equifax Inc. (NYSE:EFX - Free Report) by 79.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,413 shares of the credit services provider's stock after selling 13,495 shares during the quarter. Moore Capital Management LP's holdings in Equifax were worth $870,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Greenleaf Trust increased its holdings in shares of Equifax by 2.2% in the fourth quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider's stock worth $434,000 after purchasing an additional 37 shares during the period. Inspire Investing LLC increased its holdings in shares of Equifax by 4.2% in the fourth quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider's stock worth $258,000 after purchasing an additional 41 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in shares of Equifax by 5.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 817 shares of the credit services provider's stock worth $208,000 after purchasing an additional 43 shares during the period. Howard Capital Management Inc. increased its holdings in shares of Equifax by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 879 shares of the credit services provider's stock worth $224,000 after purchasing an additional 45 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Equifax by 6.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 799 shares of the credit services provider's stock worth $204,000 after purchasing an additional 46 shares during the period. Institutional investors own 96.20% of the company's stock.

Insider Transactions at Equifax

In related news, CEO Mark W. Begor sold 22,160 shares of the business'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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John W. Gamble, Jr. sold 2,000 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $16,887,101.60. This represents a 2.98% decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on EFX. Oppenheimer decreased their price target on shares of Equifax from $286.00 to $279.00 and set an "outperform" rating on the stock in a report on Friday, February 7th. BNP Paribas cut shares of Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 price target on the stock. in a report on Friday, March 14th. UBS Group cut their target price on shares of Equifax from $335.00 to $310.00 and set a "buy" rating for the company in a research report on Friday, February 7th. William Blair reiterated an "outperform" rating on shares of Equifax in a research report on Friday, February 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $295.00 target price on shares of Equifax in a research report on Wednesday, April 23rd. Five equities 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. According to data from MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and an average price target of $292.00.

Equifax Trading Up 1.3%

NYSE EFX traded up $3.68 during trading on Friday, hitting $278.84. 619,198 shares of the company's stock traded hands, compared to its average volume of 965,550. The stock has a fifty day moving average of $243.28 and a two-hundred day moving average of $252.72. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. Equifax Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The firm has a market cap of $34.63 billion, a P/E ratio of 57.73, a PEG ratio of 2.79 and a beta of 1.68.

Equifax (NYSE:EFX - Get Free Report) last posted its quarterly 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 net margin of 10.63% and a return on equity of 19.13%. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.41 billion. As a group, sell-side analysts expect 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. This represents a $2.00 annualized dividend and a yield of 0.72%. This is a positive change from Equifax's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Friday, May 23rd. Equifax's dividend payout ratio is presently 40.90%.

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.