Equifax Inc. (NYSE:EFX) Shares Sold by Olstein Capital Management L.P.

Olstein Capital Management L.P. cut its holdings in Equifax Inc. (NYSE:EFX) by 20.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,000 shares of the credit services provider’s stock after selling 2,000 shares during the quarter. Olstein Capital Management L.P.’s holdings in Equifax were worth $2,351,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EFX. Conning Inc. raised its holdings in Equifax by 4.7% in the 2nd quarter. Conning Inc. now owns 848 shares of the credit services provider’s stock valued at $206,000 after acquiring an additional 38 shares during the last quarter. Intech Investment Management LLC boosted its stake in Equifax by 1.2% during the second quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after buying an additional 44 shares during the last quarter. Cromwell Holdings LLC increased its stake in shares of Equifax by 13.5% in the 3rd quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock worth $109,000 after acquiring an additional 44 shares during the last quarter. Thompson Investment Management Inc. raised its holdings in shares of Equifax by 0.3% during the 2nd quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider’s stock worth $3,749,000 after acquiring an additional 45 shares during the period. Finally, Greenleaf Trust boosted its position in shares of Equifax by 3.0% during the 3rd quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider’s stock valued at $489,000 after acquiring an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 58,304 shares of the business’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 completion of the transaction, the chief executive officer now directly owns 109,183 shares of the company’s stock, valued at $29,532,909.67. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the transaction, the chief executive officer now owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 sale, the executive vice president now owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.66% of the company’s stock.

Equifax Stock Performance

Shares of EFX stock traded up $5.04 during trading hours on Thursday, reaching $269.25. 40,739 shares of the company’s stock were exchanged, compared to its average volume of 855,535. The company’s 50 day moving average is $287.78 and its two-hundred day moving average is $265.19. The company has a market cap of $33.37 billion, a P/E ratio of 58.71, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax Inc. has a 1 year low of $180.31 and a 1 year high of $309.63.

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

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. Equifax’s dividend payout ratio (DPR) is 34.67%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EFX. BNP Paribas upgraded shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective on the stock in a report on Thursday, September 19th. Stifel Nicolaus boosted their target price on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. The Goldman Sachs Group increased their price target on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. JPMorgan Chase & Co. lifted their price objective on Equifax from $300.00 to $304.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Finally, Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research note on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and a consensus price target of $310.47.

Equifax Company 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.