Zurcher Kantonalbank Zurich Cantonalbank Raises Position in Equifax Inc. (NYSE:EFX)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Equifax Inc. (NYSE:EFX) by 41.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,886 shares of the credit services provider’s stock after purchasing an additional 11,885 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Equifax were worth $12,015,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EFX. Ashton Thomas Securities LLC purchased a new position in shares of Equifax during the 3rd quarter worth approximately $29,000. Tortoise Investment Management LLC raised its position in Equifax by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 54 shares in the last quarter. Mascoma Wealth Management LLC acquired a new stake in Equifax in the second quarter valued at $30,000. Crewe Advisors LLC boosted its position in shares of Equifax by 138.2% during the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 76 shares in the last quarter. Finally, First Community Trust NA acquired a new position in shares of Equifax during the 2nd quarter worth $33,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on EFX. Needham & Company LLC reissued a “buy” rating and set a $350.00 price objective on shares of Equifax in a report on Monday, October 28th. Robert W. Baird boosted their price target on Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Equifax in a research note on Friday, October 18th. The Goldman Sachs Group boosted their target price on Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Finally, Oppenheimer dropped their price target on Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat, Equifax presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.74.

Equifax Stock Up 0.1 %

EFX stock opened at $261.56 on Friday. The company has a 50 day moving average price of $273.71 and a two-hundred day moving average price of $268.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $32.42 billion, a P/E ratio of 58.12, a PEG ratio of 3.24 and a beta of 1.59. Equifax Inc. has a one year low of $213.02 and a one year high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the business earned $1.76 earnings per share. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, sell-side analysts expect that Equifax Inc. will post 7.28 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, November 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.60%. Equifax’s payout ratio is currently 34.67%.

Insider Buying and Selling

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 transaction of $272,920.00. Following the completion of the sale, the executive vice president now directly owns 11,269 shares in the company, valued at $3,075,535.48. This represents a 8.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the transaction, the executive vice president now directly owns 11,697 shares in the company, valued at $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,855 shares of company stock valued at $16,187,044. 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.