Equifax Inc. (NYSE:EFX) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank cut its position in shares of Equifax Inc. (NYSE:EFX) by 1.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,159 shares of the credit services provider’s stock after selling 711 shares during the quarter. Toronto Dominion Bank’s holdings in Equifax were worth $8,767,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EFX. Conning Inc. increased its position in Equifax by 4.7% during 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 position in Equifax by 1.2% during the 2nd quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 44 shares during the period. Thompson Investment Management Inc. increased its holdings in Equifax by 0.3% in the 2nd quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider’s stock valued at $3,749,000 after purchasing an additional 45 shares in the last quarter. Ballentine Partners LLC raised its position in Equifax by 5.1% in the first quarter. Ballentine Partners LLC now owns 1,038 shares of the credit services provider’s stock valued at $278,000 after purchasing an additional 50 shares during the period. Finally, Tortoise Investment Management LLC lifted its stake in shares of Equifax by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 54 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Trading Down 0.1 %

NYSE EFX opened at $290.39 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. Equifax Inc. has a one year low of $159.95 and a one year high of $309.63. The company has a 50-day simple moving average of $291.29 and a 200-day simple moving average of $260.25. The firm has a market capitalization of $35.90 billion, a PE ratio of 64.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.73 by $0.09. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.71 earnings per share. On average, equities analysts forecast that Equifax Inc. will post 7.33 earnings per share for the current year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders 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 0.54%. The ex-dividend date was Tuesday, September 3rd. Equifax’s payout ratio is 34.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on EFX shares. Barclays raised their target price on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Robert W. Baird boosted their target price on shares of Equifax from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. The Goldman Sachs Group upped their target price on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. JPMorgan Chase & Co. lifted their price target on shares of Equifax from $273.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Finally, Bank of America upped their price objective on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Five research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $302.06.

Insider Activity

In related news, EVP Carla Chaney sold 3,000 shares of Equifax stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total value of $845,550.00. Following the sale, the executive vice president now directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.57% of the company’s stock.

About Equifax

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.