Forsta AP Fonden Purchases 2,800 Shares of Equifax Inc. (NYSE:EFX)

Forsta AP Fonden lifted its position in Equifax Inc. (NYSE:EFX) by 11.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,500 shares of the credit services provider’s stock after buying an additional 2,800 shares during the period. Forsta AP Fonden’s holdings in Equifax were worth $7,787,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Conning Inc. boosted its position in shares of Equifax by 4.7% in the 2nd quarter. Conning Inc. now owns 848 shares of the credit services provider’s stock worth $206,000 after purchasing an additional 38 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Equifax by 1.2% in the second quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after acquiring an additional 44 shares in the last quarter. Cromwell Holdings LLC grew its stake in shares of Equifax by 13.5% during the third quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock worth $109,000 after acquiring an additional 44 shares during the last quarter. Thompson Investment Management Inc. increased its holdings in shares of Equifax by 0.3% during the second quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider’s stock valued at $3,749,000 after acquiring an additional 45 shares in the last quarter. Finally, Greenleaf Trust raised its position in shares of Equifax by 3.0% in the 3rd quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider’s stock valued at $489,000 after purchasing an additional 48 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Equifax Stock Performance

Shares of EFX stock opened at $269.89 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.79 and a debt-to-equity ratio of 0.96. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $309.63. The business’s 50 day moving average is $293.01 and its two-hundred day moving average is $263.63. The company has a market capitalization of $33.45 billion, a P/E ratio of 59.98, a P/E/G ratio of 2.56 and a beta of 1.58.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 EPS. Analysts expect that Equifax Inc. will post 7.29 EPS for the current fiscal year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio is presently 34.67%.

Wall Street Analyst Weigh In

EFX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of Equifax from $300.00 to $304.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Bank of America upped their target price on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Morgan Stanley lifted their price target on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. Robert W. Baird boosted their price target on Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Finally, The Goldman Sachs Group raised their price objective on Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $310.47.

Insider Buying and Selling

In other Equifax news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the transaction, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.57% of the stock is currently owned by insiders.

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.