Wesbanco Bank Inc. lowered its position in Equifax Inc. (NYSE:EFX) by 13.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,234 shares of the credit services provider’s stock after selling 1,321 shares during the period. Wesbanco Bank Inc.’s holdings in Equifax were worth $970,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of EFX. Truewealth LLC acquired a new position in shares of Equifax in the fourth quarter worth about $164,000. Massey Quick Simon & CO. LLC raised its position in shares of Equifax by 9,375.0% during the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock worth $179,000 after purchasing an additional 1,500 shares during the last quarter. Point72 Asia Hong Kong Ltd raised its position in shares of Equifax by 1,186.4% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock worth $179,000 after purchasing an additional 1,400 shares during the last quarter. Douglass Winthrop Advisors LLC acquired a new position in shares of Equifax during the 4th quarter worth about $211,000. Finally, HPM Partners LLC acquired a new position in shares of Equifax during the 4th quarter worth about $219,000. Institutional investors and hedge funds own 90.18% of the company’s stock.
In other news, CEO Mark W. Begor purchased 8,700 shares of the company’s stock in a transaction dated Friday, May 25th. The stock was acquired at an average price of $115.01 per share, with a total value of $1,000,587.00. Following the purchase, the chief executive officer now directly owns 46,491 shares in the company, valued at approximately $5,346,929.91. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.45% of the company’s stock.
Equifax opened at $127.22 on Friday, MarketBeat Ratings reports. Equifax Inc. has a 1-year low of $89.59 and a 1-year high of $147.02. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market capitalization of $15.40 billion, a PE ratio of 21.31, a PEG ratio of 2.70 and a beta of 0.94.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, April 25th. The credit services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.06. Equifax had a net margin of 15.46% and a return on equity of 22.55%. The business had revenue of $865.70 million during the quarter, compared to analysts’ expectations of $854.89 million. During the same quarter in the prior year, the company posted $1.44 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. equities analysts forecast that Equifax Inc. will post 5.94 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 15th. Stockholders of record on Friday, May 25th were paid a $0.39 dividend. The ex-dividend date was Thursday, May 24th. This represents a $1.56 annualized dividend and a dividend yield of 1.23%. Equifax’s dividend payout ratio (DPR) is 26.13%.
EFX has been the subject of several research analyst reports. William Blair restated an “outperform” rating on shares of Equifax in a research report on Thursday, March 1st. Barclays reduced their price target on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a research report on Monday, March 5th. Royal Bank of Canada reduced their price target on shares of Equifax to $121.00 and set a “sector perform” rating for the company in a research report on Monday, March 5th. Wells Fargo & Co restated a “buy” rating and set a $132.00 price target (up previously from $127.00) on shares of Equifax in a research report on Monday, March 5th. Finally, SunTrust Banks upped their price target on shares of Equifax to $140.00 and gave the stock a “buy” rating in a research report on Monday, March 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $124.64.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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