Tidal Investments LLC Buys 855 Shares of Equifax Inc. (NYSE:EFX)

Tidal Investments LLC grew its stake in Equifax Inc. (NYSE:EFX) by 17.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,872 shares of the credit services provider’s stock after purchasing an additional 855 shares during the period. Tidal Investments LLC’s holdings in Equifax were worth $1,726,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of Equifax in the 3rd quarter valued at approximately $29,000. Tortoise Investment Management LLC boosted its holdings in shares of Equifax by 76.1% in the 2nd 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 position in shares of Equifax in the 2nd quarter worth approximately $30,000. Crewe Advisors LLC boosted its holdings in shares of Equifax by 138.2% in the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 76 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Equifax in the 2nd quarter worth approximately $37,000. 96.20% of the stock is currently owned by institutional investors.

Insider Activity at Equifax

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the transaction, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark W. Begor sold 58,304 shares of the 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 transaction, the chief executive officer now owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. This trade represents a 34.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 59,855 shares of company stock worth $16,187,044 in the last quarter. Corporate insiders own 1.57% of the company’s stock.

Equifax Stock Performance

EFX stock opened at $273.65 on Wednesday. The business’s fifty day moving average is $267.36 and its 200-day moving average is $270.89. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The company has a market cap of $33.92 billion, a P/E ratio of 60.81, a price-to-earnings-growth ratio of 3.26 and a beta of 1.57. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63.

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

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Friday, November 22nd. Equifax’s dividend payout ratio is currently 34.67%.

Analysts Set New Price Targets

Several research analysts have recently commented on EFX shares. Stifel Nicolaus reduced their target price on Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Oppenheimer reduced their target price on Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a report on Tuesday, November 19th. JPMorgan Chase & Co. reduced their target price on Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a report on Tuesday, November 19th. Barclays boosted their target price on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $350.00 target price on shares of Equifax in a report on Monday, October 28th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Equifax presently has a consensus rating of “Moderate Buy” and an average price target of $311.39.

About Equifax

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.