E. Ohman J or Asset Management AB Decreases Stake in Equifax Inc. (NYSE:EFX)

E. Ohman J or Asset Management AB reduced its stake in shares of Equifax Inc. (NYSE:EFX) by 9.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,900 shares of the credit services provider’s stock after selling 500 shares during the period. E. Ohman J or Asset Management AB’s holdings in Equifax were worth $1,440,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. EntryPoint Capital LLC purchased a new stake in shares of Equifax during the 1st quarter worth $30,000. Tortoise Investment Management LLC boosted its position in shares of Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after buying an additional 54 shares in the last quarter. Mascoma Wealth Management LLC purchased a new stake in shares of Equifax in the 2nd quarter worth about $30,000. Crewe Advisors LLC boosted its position in shares of Equifax by 138.2% in the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after buying an additional 76 shares in the last quarter. Finally, First Community Trust NA purchased a new stake in shares of Equifax in the 2nd quarter worth about $33,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on EFX. Robert W. Baird boosted their price objective on shares of Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Morgan Stanley boosted their price objective on shares of Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. BNP Paribas upgraded shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective on the stock in a research report on Thursday, September 19th. Citigroup boosted their target price on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Stifel Nicolaus boosted their target price on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Four research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $310.47.

Insider Buying and Selling

In related news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the sale, the executive vice president now owns 10,875 shares of the company’s stock, valued at approximately $3,065,118.75. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.57% of the company’s stock.

Equifax Trading Down 0.7 %

NYSE EFX opened at $269.81 on Friday. Equifax Inc. has a 12 month low of $159.95 and a 12 month high of $309.63. The company has a 50-day moving average of $293.01 and a 200-day moving average of $263.52. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market cap of $33.35 billion, a P/E ratio of 60.09, a P/E/G ratio of 2.00 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 EPS. As a group, equities analysts predict that Equifax Inc. will post 7.36 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is presently 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.