MBB Public Markets I LLC Buys 7,480 Shares of Equifax Inc. (NYSE:EFX)

MBB Public Markets I LLC increased its holdings in Equifax Inc. (NYSE:EFX) by 656.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,620 shares of the credit services provider’s stock after acquiring an additional 7,480 shares during the quarter. MBB Public Markets I LLC’s holdings in Equifax were worth $2,090,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Equifax by 1.1% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 292,914 shares of the credit services provider’s stock valued at $78,360,000 after purchasing an additional 3,164 shares during the period. Nomura Holdings Inc. purchased a new position in shares of Equifax during the fourth quarter worth $917,000. Bridgefront Capital LLC acquired a new position in Equifax during the fourth quarter valued at $1,274,000. Novak & Powell Financial Services Inc. purchased a new position in shares of Equifax during the 4th quarter valued at about $972,000. Finally, Brookstone Capital Management lifted its holdings in shares of Equifax by 8.5% in the 2nd quarter. Brookstone Capital Management now owns 26,675 shares of the credit services provider’s stock valued at $6,916,000 after buying an additional 2,085 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on EFX shares. Robert W. Baird lifted their price target on Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Citigroup lifted their price objective on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Barclays raised their target price on Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley increased their price target on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. Finally, Wolfe Research started coverage on Equifax in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $275.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $302.06.

Equifax Stock Down 0.1 %

Shares of NYSE:EFX opened at $290.39 on Monday. The business has a 50-day moving average price of $291.29 and a 200 day moving average price of $260.24. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $309.63. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $35.90 billion, a price-to-earnings ratio of 64.67, a PEG ratio of 2.12 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. Equifax’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $1.71 earnings per share. Sell-side analysts expect that Equifax Inc. will post 7.33 EPS for the current year.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a yield of 0.54%. Equifax’s dividend payout ratio is currently 34.74%.

Insider Activity at Equifax

In related news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the transaction, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.57% of the stock is owned by insiders.

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.