Everpar Advisors LLC Acquires New Position in Equifax Inc. (NYSE:EFX)

Everpar Advisors LLC acquired a new stake in shares of Equifax Inc. (NYSE:EFX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,241 shares of the credit services provider’s stock, valued at approximately $801,000.

A number of other large investors also recently modified their holdings of EFX. Kensico Capital Management Corp increased its stake in Equifax by 108.2% in the 3rd quarter. Kensico Capital Management Corp now owns 740,000 shares of the credit services provider’s stock worth $135,553,000 after purchasing an additional 384,600 shares during the period. Intermede Investment Partners Ltd increased its stake in Equifax by 55.6% in the 3rd quarter. Intermede Investment Partners Ltd now owns 810,768 shares of the credit services provider’s stock worth $148,516,000 after purchasing an additional 289,875 shares during the period. Van ECK Associates Corp increased its stake in Equifax by 22.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,366,809 shares of the credit services provider’s stock worth $250,372,000 after purchasing an additional 246,390 shares during the period. Jensen Investment Management Inc. increased its stake in Equifax by 11.3% in the 3rd quarter. Jensen Investment Management Inc. now owns 1,749,202 shares of the credit services provider’s stock worth $320,419,000 after purchasing an additional 178,224 shares during the period. Finally, Raymond James & Associates increased its stake in Equifax by 71.5% in the 4th quarter. Raymond James & Associates now owns 341,942 shares of the credit services provider’s stock worth $84,559,000 after purchasing an additional 142,571 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on EFX. The Goldman Sachs Group decreased their price target on Equifax from $276.00 to $241.00 and set a “neutral” rating on the stock in a research note on Friday, April 19th. Needham & Company LLC reiterated a “buy” rating and issued a $305.00 price objective on shares of Equifax in a research report on Thursday, April 18th. Truist Financial lifted their price objective on Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Evercore ISI upgraded Equifax from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $210.00 to $310.00 in a research report on Tuesday, February 13th. Finally, Oppenheimer cut their price objective on Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Four research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $270.19.

Equifax Stock Up 2.3 %

NYSE:EFX traded up $5.40 during trading hours on Tuesday, reaching $236.74. 898,152 shares of the company traded hands, compared to its average volume of 860,402. The business’s 50-day moving average price is $250.31 and its two-hundred day moving average price is $235.26. The stock has a market capitalization of $29.26 billion, a P/E ratio of 51.52, a P/E/G ratio of 1.96 and a beta of 1.54. Equifax Inc. has a 1 year low of $159.95 and a 1 year high of $275.10. 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 data 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. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.43 earnings per share. Analysts predict that Equifax Inc. will post 7.36 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Friday, May 24th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Thursday, May 23rd. Equifax’s payout ratio is 34.74%.

Insider Buying and Selling at Equifax

In other Equifax news, CEO Mark W. Begor sold 58,300 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 transaction of $13,143,735.00. Following the completion of the transaction, the chief executive officer now owns 109,220 shares in the company, valued at $24,623,649. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other 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 value of $13,143,735.00. Following the completion of the transaction, the chief executive officer now owns 109,220 shares in the company, valued at $24,623,649. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 completion of the transaction, the executive vice president now owns 75,964 shares of the company’s stock, valued at approximately $17,126,083.80. The disclosure for this sale can be found here. 1.66% of the stock is owned by company 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.