Concurrent Investment Advisors LLC Invests $221,000 in Equifax Inc. (NYSE:EFX)

Concurrent Investment Advisors LLC purchased a new stake in Equifax Inc. (NYSE:EFX) in the third quarter, Holdings Channel.com reports. The firm purchased 753 shares of the credit services provider’s stock, valued at approximately $221,000.

A number of other hedge funds have also recently bought and sold shares of EFX. Quantbot Technologies LP purchased a new position in shares of Equifax during the 1st quarter valued at approximately $746,000. Empowered Funds LLC boosted its stake in Equifax by 18.4% during the 1st quarter. Empowered Funds LLC now owns 1,695 shares of the credit services provider’s stock valued at $453,000 after acquiring an additional 264 shares during the last quarter. Sei Investments Co. grew its holdings in Equifax by 9.6% during the 1st quarter. Sei Investments Co. now owns 146,585 shares of the credit services provider’s stock worth $39,215,000 after acquiring an additional 12,866 shares in the last quarter. Meeder Advisory Services Inc. increased its position in shares of Equifax by 20.1% in the 1st quarter. Meeder Advisory Services Inc. now owns 1,761 shares of the credit services provider’s stock worth $471,000 after purchasing an additional 295 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in shares of Equifax in the 1st quarter valued at about $222,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares in the company, valued at $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer now owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the sale, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on EFX. Barclays lifted their price target on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. The Goldman Sachs Group boosted their price target on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Citigroup raised their price objective on Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. UBS Group started coverage on shares of Equifax in a research note on Tuesday, October 1st. They set a “buy” rating and a $360.00 target price for the company. Finally, Stifel Nicolaus raised their price target on shares of Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. 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 company presently has an average rating of “Moderate Buy” and an average price target of $310.47.

Equifax Trading Up 0.0 %

NYSE:EFX opened at $270.99 on Tuesday. The stock has a market cap of $33.59 billion, a price-to-earnings ratio of 60.22, a PEG ratio of 2.55 and a beta of 1.59. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Equifax Inc. has a 1 year low of $182.01 and a 1 year high of $309.63. The business has a fifty day moving average of $285.65 and a 200-day moving average of $266.47.

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

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be given a $0.39 dividend. The ex-dividend date is Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Equifax’s dividend payout ratio (DPR) is 34.67%.

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.