Strengthening Families & Communities LLC Invests $2.86 Million in Equifax, Inc. $EFX

Strengthening Families & Communities LLC bought a new stake in shares of Equifax, Inc. (NYSE:EFX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,135 shares of the credit services provider’s stock, valued at approximately $2,857,000.

Several other institutional investors and hedge funds have also bought and sold shares of EFX. Country Trust Bank purchased a new stake in shares of Equifax during the 2nd quarter valued at $26,000. Ameritas Advisory Services LLC acquired a new position in Equifax during the 2nd quarter valued at about $31,000. Caldwell Trust Co acquired a new position in Equifax during the 2nd quarter valued at about $33,000. Spire Wealth Management raised its stake in Equifax by 82.9% in the third quarter. Spire Wealth Management now owns 128 shares of the credit services provider’s stock valued at $33,000 after buying an additional 58 shares during the last quarter. Finally, State of Wyoming acquired a new stake in Equifax in the second quarter worth about $34,000. 96.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EFX. Oppenheimer cut their price objective on shares of Equifax from $271.00 to $266.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Morgan Stanley dropped their target price on shares of Equifax from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 17th. Wells Fargo & Company decreased their price target on shares of Equifax from $285.00 to $265.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th. BMO Capital Markets dropped their price objective on shares of Equifax from $245.00 to $234.00 and set a “market perform” rating on the stock in a report on Monday, December 8th. Finally, Needham & Company LLC restated a “buy” rating and issued a $295.00 target price on shares of Equifax in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $271.14.

Equifax Trading Down 1.0%

NYSE EFX opened at $199.36 on Tuesday. Equifax, Inc. has a 1 year low of $198.96 and a 1 year high of $281.03. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $24.40 billion, a PE ratio of 37.83, a P/E/G ratio of 2.04 and a beta of 1.55. The company has a fifty day moving average of $215.01 and a 200 day moving average of $229.25.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 24th were paid a $0.50 dividend. The ex-dividend date was Monday, November 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Equifax’s dividend payout ratio is presently 37.95%.

About Equifax

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.

The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.