Mirae Asset Global Investments Co. Ltd. Purchases 2,379 Shares of Equifax Inc. (NYSE:EFX)

Mirae Asset Global Investments Co. Ltd. grew its holdings in Equifax Inc. (NYSE:EFX) by 43.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,800 shares of the credit services provider’s stock after purchasing an additional 2,379 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Equifax were worth $2,265,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of Equifax by 21.4% in the 3rd quarter. Allworth Financial LP now owns 2,807 shares of the credit services provider’s stock valued at $825,000 after purchasing an additional 494 shares during the period. Cromwell Holdings LLC lifted its stake in Equifax by 13.5% in the third quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock valued at $109,000 after buying an additional 44 shares during the period. Elwood & Goetz Wealth Advisory Group LLC acquired a new position in shares of Equifax during the 3rd quarter worth about $256,000. Ballentine Partners LLC increased its stake in shares of Equifax by 7.9% in the 3rd quarter. Ballentine Partners LLC now owns 1,270 shares of the credit services provider’s stock valued at $373,000 after acquiring an additional 93 shares during the last quarter. Finally, Element Wealth LLC acquired a new stake in shares of Equifax in the 3rd quarter valued at approximately $222,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now directly owns 109,183 shares in the company, valued at approximately $29,532,909.67. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at $29,532,909.67. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction, the executive vice president now directly owns 10,875 shares in the company, valued at $3,065,118.75. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 62,304 shares of company stock worth $16,889,119 over the last 90 days. Company insiders own 1.57% of the company’s stock.

Equifax Stock Up 0.3 %

EFX stock opened at $269.32 on Thursday. The company has a market cap of $33.29 billion, a price-to-earnings ratio of 59.98, a P/E/G ratio of 2.56 and a beta of 1.58. Equifax Inc. has a twelve month low of $164.23 and a twelve month high of $309.63. The business has a 50 day moving average price of $291.37 and a two-hundred day moving average price of $263.96. The company has a quick ratio of 0.79, a current ratio of 0.88 and a debt-to-equity ratio of 0.96.

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

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.39 per share. 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 (DPR) is presently 34.74%.

Analysts Set New Price Targets

Several brokerages have commented on EFX. BNP Paribas raised shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 target price for the company in a research note on Thursday, September 19th. UBS Group initiated coverage on Equifax in a research note on Tuesday, October 1st. They set a “buy” rating and a $360.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and issued a $350.00 target price on shares of Equifax in a research note on Monday. Stifel Nicolaus raised their price target on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Barclays boosted their price objective on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Equifax presently has an average rating of “Moderate Buy” and a consensus target price of $310.47.

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.