Nisa Investment Advisors LLC Acquires 7,822 Shares of Equifax Inc. (NYSE:EFX)

Nisa Investment Advisors LLC grew its holdings in Equifax Inc. (NYSE:EFX) by 29.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,510 shares of the credit services provider’s stock after purchasing an additional 7,822 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Equifax were worth $10,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in Equifax by 76,913.8% in the third quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock valued at $282,212,000 after buying an additional 959,115 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Equifax by 72.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after acquiring an additional 633,887 shares in the last quarter. Capital International Investors increased its stake in shares of Equifax by 2.5% in the 1st quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock valued at $3,757,425,000 after acquiring an additional 342,170 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Equifax by 4.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock worth $1,036,952,000 after acquiring an additional 200,665 shares in the last quarter. Finally, Ceredex Value Advisors LLC grew its holdings in Equifax by 127.1% in the second quarter. Ceredex Value Advisors LLC now owns 350,356 shares of the credit services provider’s stock worth $84,947,000 after purchasing an additional 196,106 shares during the period. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

EFX has been the topic of several research reports. Stifel Nicolaus upped their price objective on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 19th. BNP Paribas raised Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price target on the stock in a research note on Thursday, September 19th. Citigroup raised their price objective on Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Wolfe Research began coverage on Equifax in a research report on Tuesday, July 9th. They set an “outperform” rating and a $275.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and issued a $350.00 price target on shares of Equifax in a research report on Monday. Four investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $310.47.

Equifax Stock Performance

Shares of EFX opened at $269.32 on Thursday. The stock has a 50 day moving average of $291.37 and a 200 day moving average of $263.96. The company has a market capitalization of $33.29 billion, a price-to-earnings ratio of 59.98, a PEG ratio of 2.56 and a beta of 1.58. Equifax Inc. has a 12 month low of $164.23 and a 12 month high of $309.63. 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 (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 the consensus estimate of $1.84 by $0.01. The firm had revenue of $1.44 billion during 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% compared to the same quarter last year. During the same period last year, the firm posted $1.76 EPS. As a group, sell-side analysts forecast that Equifax Inc. will post 7.29 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 0.58%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax’s payout ratio is 34.74%.

Insider Activity

In other news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 owns 10,875 shares in the company, valued at $3,065,118.75. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction 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 in the company, valued at approximately $3,065,118.75. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark W. Begor sold 58,304 shares of Equifax stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $270.49, for a total value of $15,770,648.96. Following the completion of the sale, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 62,304 shares of company stock valued at $16,889,119 in the last three months. Company insiders own 1.57% of the company’s stock.

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.