Signaturefd LLC Sells 9,739 Shares of Equifax Inc. (NYSE:EFX)

Signaturefd LLC reduced its stake in Equifax Inc. (NYSE:EFX - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 67,318 shares of the credit services provider's stock after selling 9,739 shares during the period. Signaturefd LLC owned approximately 0.05% of Equifax worth $16,647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EFX. Moneta Group Investment Advisors LLC grew its position in Equifax by 105,549.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 38,813,671 shares of the credit services provider's stock valued at $7,543,825,000 after acquiring an additional 38,776,933 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in Equifax by 77.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 8,935,666 shares of the credit services provider's stock valued at $1,736,737,000 after acquiring an additional 3,910,202 shares in the last quarter. Norges Bank acquired a new position in Equifax in the 4th quarter valued at about $229,992,000. Veritas Asset Management LLP grew its position in Equifax by 58.2% in the 3rd quarter. Veritas Asset Management LLP now owns 1,788,875 shares of the credit services provider's stock valued at $327,686,000 after acquiring an additional 657,999 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Equifax by 28.6% in the 1st quarter. JPMorgan Chase & Co. now owns 2,562,758 shares of the credit services provider's stock valued at $519,829,000 after acquiring an additional 569,794 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Stock Performance

NYSE EFX traded down $1.31 on Friday, reaching $216.20. The stock had a trading volume of 2,083,206 shares, compared to its average volume of 851,195. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.67 and a current ratio of 0.73. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $275.10. The business's 50-day moving average price is $257.79 and its 200 day moving average price is $231.58. The stock has a market cap of $26.86 billion, a P/E ratio of 48.15, a price-to-earnings-growth ratio of 1.76 and a beta of 1.51.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The company had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the previous year, the business earned $1.43 earnings per share. The firm's revenue for the quarter was up 6.7% on a year-over-year basis. As a group, equities analysts expect that Equifax Inc. will post 7.34 earnings per share for the current year.

Equifax Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Thursday, February 22nd. Equifax's dividend payout ratio is currently 34.74%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EFX. Bank of America lowered their price objective on Equifax from $300.00 to $255.00 and set a "buy" rating for the company in a research report on Friday. Oppenheimer lowered their price objective on Equifax from $291.00 to $272.00 and set an "outperform" rating for the company in a research report on Friday. Needham & Company LLC reissued a "buy" rating and set a $305.00 price objective on shares of Equifax in a research report on Thursday. Truist Financial boosted their price objective on Equifax from $270.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, February 9th. Finally, Robert W. Baird lowered their price objective on Equifax from $275.00 to $260.00 and set an "outperform" rating for the company in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $266.35.

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.