TimesSquare Capital Management LLC Sells 61,940 Shares of Equifax Inc. (NYSE:EFX)

TimesSquare Capital Management LLC lowered its position in Equifax Inc. (NYSE:EFX) by 25.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 181,435 shares of the credit services provider’s stock after selling 61,940 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Equifax were worth $44,867,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EFX. KB Financial Partners LLC acquired a new stake in Equifax in the 3rd quarter valued at $25,000. Wetzel Investment Advisors Inc. acquired a new position in Equifax during the fourth quarter worth $25,000. Smithfield Trust Co lifted its holdings in shares of Equifax by 55.5% during the third quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after acquiring an additional 71 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Equifax in the 4th quarter valued at $41,000. Finally, ORG Partners LLC bought a new stake in shares of Equifax in the 4th quarter worth about $49,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insiders Place Their Bets

In other Equifax news, EVP Rodolfo O. Ploder sold 14,097 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $225.45, for a total transaction of $3,178,168.65. Following the sale, the executive vice president now directly owns 75,964 shares of the company’s stock, valued at approximately $17,126,083.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, EVP Rodolfo O. Ploder sold 14,097 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $225.45, for a total transaction of $3,178,168.65. Following the sale, the executive vice president now owns 75,964 shares in the company, valued at approximately $17,126,083.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Mark W. Begor sold 58,300 shares of the stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $225.45, for a total value of $13,143,735.00. Following the completion of the sale, the chief executive officer now directly owns 109,220 shares of the company’s stock, valued at approximately $24,623,649. The disclosure for this sale can be found here. Insiders own 1.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on EFX. Truist Financial boosted their price target on shares of Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Redburn Atlantic cut Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target for the company. in a report on Thursday, January 11th. Robert W. Baird reduced their price objective on Equifax from $275.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, April 19th. Needham & Company LLC restated a “buy” rating and issued a $305.00 price objective on shares of Equifax in a research report on Thursday, April 18th. Finally, The Goldman Sachs Group dropped their price objective on shares of Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a research report on Friday, April 19th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, Equifax presently has an average rating of “Moderate Buy” and an average price target of $270.19.

Equifax Stock Up 2.1 %

NYSE EFX traded up $4.92 during trading hours on Thursday, reaching $239.22. 756,775 shares of the company’s stock were exchanged, compared to its average volume of 855,544. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $29.57 billion, a price-to-earnings ratio of 52.18, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54. The company’s 50-day moving average is $249.02 and its two-hundred day moving average is $235.68. Equifax Inc. has a one year low of $159.95 and a one year high of $275.10.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.06. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.43 earnings per share. On average, analysts forecast that Equifax Inc. will post 7.36 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.65%. The ex-dividend date is Thursday, May 23rd. Equifax’s payout ratio is 34.74%.

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.