Elo Mutual Pension Insurance Co Buys 140 Shares of Equifax Inc. (NYSE:EFX)

Elo Mutual Pension Insurance Co lifted its stake in shares of Equifax Inc. (NYSE:EFX) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,399 shares of the credit services provider’s stock after purchasing an additional 140 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Equifax were worth $2,764,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. EntryPoint Capital LLC purchased a new position in Equifax during the 1st quarter valued at about $30,000. Tortoise Investment Management LLC grew its stake in Equifax by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after acquiring an additional 54 shares in the last quarter. Mascoma Wealth Management LLC purchased a new position in Equifax during the second quarter valued at approximately $30,000. OFI Invest Asset Management bought a new stake in Equifax during the 1st quarter worth approximately $31,000. Finally, Crewe Advisors LLC lifted its stake in Equifax by 138.2% in the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Equifax Stock Up 1.6 %

EFX opened at $302.19 on Friday. Equifax Inc. has a 12 month low of $159.95 and a 12 month high of $309.63. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.01. The business’s 50-day moving average price is $286.18 and its 200-day moving average price is $258.80. The company has a market cap of $37.35 billion, a P/E ratio of 67.30, a P/E/G ratio of 1.99 and a beta of 1.58.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.09. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.71 EPS. On average, equities analysts expect that Equifax Inc. will post 7.33 EPS for the current year.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EFX. Needham & Company LLC upped their price target on shares of Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Morgan Stanley upped their target price on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 12th. Citigroup lifted their price target on Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Barclays upped their price objective on shares of Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Finally, Robert W. Baird lifted their target price on shares of Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Five research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $302.06.

Insiders Place Their Bets

In other news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the sale, the executive vice president now directly owns 10,875 shares in the company, valued at $3,065,118.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.57% of the company’s stock.

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.