Norden Group LLC Takes Position in Equifax Inc. (NYSE:EFX)

Norden Group LLC acquired a new stake in Equifax Inc. (NYSE:EFX) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 6,604 shares of the credit services provider’s stock, valued at approximately $1,767,000.

Other institutional investors have also modified their holdings of the company. Wetzel Investment Advisors Inc. bought a new stake in shares of Equifax in the 4th quarter valued at approximately $25,000. KB Financial Partners LLC bought a new stake in shares of Equifax in the 3rd quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Equifax in the 4th quarter valued at approximately $41,000. ORG Partners LLC bought a new stake in shares of Equifax in the 4th quarter valued at approximately $49,000. Finally, First Financial Corp IN bought a new stake in shares of Equifax in the 1st quarter valued at approximately $56,000. 96.20% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Rodolfo O. Ploder sold 14,097 shares of Equifax stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $3,178,168.65. Following the transaction, the executive vice president now directly owns 75,964 shares in the company, valued at approximately $17,126,083.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Mark W. Begor sold 58,300 shares of the business’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total transaction of $13,143,735.00. Following the transaction, the chief executive officer now directly owns 109,220 shares in the company, valued at approximately $24,623,649. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Rodolfo O. Ploder sold 14,097 shares of the business’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $3,178,168.65. Following the transaction, the executive vice president now owns 75,964 shares in the company, valued at $17,126,083.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 83,635 shares of company stock worth $18,969,282. 1.66% of the stock is currently owned by company insiders.

Equifax Trading Up 0.2 %

Shares of NYSE:EFX opened at $240.41 on Friday. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $275.10. The business’s fifty day simple moving average is $237.47 and its 200-day simple moving average is $246.31. The company has a market capitalization of $29.72 billion, a PE ratio of 53.54, a P/E/G ratio of 1.67 and a beta of 1.56. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business posted $1.43 EPS. The business’s revenue was up 6.7% compared to the same quarter last year. As a group, equities research analysts predict that Equifax Inc. will post 7.37 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Friday, May 24th were issued a $0.39 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.65%. Equifax’s dividend payout ratio is presently 34.74%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EFX. Needham & Company LLC reissued a “buy” rating and set a $305.00 price target on shares of Equifax in a research note on Thursday, April 18th. Oppenheimer decreased their price target on Equifax from $291.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, April 19th. Robert W. Baird decreased their price target on Equifax from $275.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, April 19th. The Goldman Sachs Group decreased their price target on Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Finally, JPMorgan Chase & Co. decreased their price target on Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a research note on Friday, April 19th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $270.19.

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.