Truist Financial Corp trimmed its holdings in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,694 shares of the credit services provider’s stock after selling 631 shares during the period. Truist Financial Corp’s holdings in Equifax were worth $13,926,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EFX. Brighton Jones LLC raised its stake in shares of Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after purchasing an additional 1,200 shares during the period. Merit Financial Group LLC purchased a new stake in shares of Equifax during the first quarter valued at approximately $231,000. Impact Capital Partners LLC raised its stake in shares of Equifax by 2.6% during the first quarter. Impact Capital Partners LLC now owns 2,801 shares of the credit services provider’s stock valued at $682,000 after purchasing an additional 71 shares during the period. Blue Zone Wealth Advisors LLC raised its stake in shares of Equifax by 14.9% during the first quarter. Blue Zone Wealth Advisors LLC now owns 26,318 shares of the credit services provider’s stock valued at $6,410,000 after purchasing an additional 3,420 shares during the period. Finally, Toth Financial Advisory Corp raised its stake in shares of Equifax by 1.1% during the first quarter. Toth Financial Advisory Corp now owns 33,153 shares of the credit services provider’s stock valued at $8,075,000 after purchasing an additional 362 shares during the period. 96.20% of the stock is owned by institutional investors and hedge funds.
Equifax Stock Up 2.0%
Equifax stock opened at $236.89 on Friday. The company has a 50-day simple moving average of $248.28 and a 200-day simple moving average of $251.47. The firm has a market capitalization of $29.33 billion, a P/E ratio of 46.36, a P/E/G ratio of 2.86 and a beta of 1.68. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77. Equifax, Inc. has a one year low of $199.98 and a one year high of $294.92.
Equifax Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 annualized dividend and a yield of 0.8%. Equifax’s dividend payout ratio is presently 39.14%.
Insiders Place Their Bets
In related news, CEO Mark W. Begor sold 48,264 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total value of $11,665,891.44. Following the completion of the sale, the chief executive officer owned 142,872 shares of the company’s stock, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.40% of the stock is owned by insiders.
Analysts Set New Price Targets
EFX has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price target on shares of Equifax from $277.00 to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, June 18th. Oppenheimer dropped their price target on shares of Equifax from $296.00 to $279.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. dropped their price target on shares of Equifax from $277.00 to $272.00 and set an “overweight” rating for the company in a research note on Wednesday, July 23rd. Seaport Res Ptn upgraded shares of Equifax to a “hold” rating in a research note on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and issued a $295.00 price target on shares of Equifax in a research note on Friday, June 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.47.
Check Out Our Latest Stock Report on EFX
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.
Recommended Stories
- Five stocks we like better than Equifax
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.