Sendero Wealth Management LLC Takes Position in Equifax Inc. (NYSE:EFX)

Sendero Wealth Management LLC purchased a new position in Equifax Inc. (NYSE:EFX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,046 shares of the credit services provider’s stock, valued at approximately $3,070,000.

A number of other large investors have also made changes to their positions in EFX. Ashton Thomas Securities LLC purchased a new position in shares of Equifax during the 3rd quarter worth $29,000. Central Pacific Bank Trust Division bought a new position in Equifax in the 4th quarter worth $35,000. Exchange Traded Concepts LLC purchased a new position in Equifax during the third quarter valued at $48,000. Intact Investment Management Inc. bought a new stake in Equifax during the third quarter valued at about $73,000. Finally, Pinnacle Financial Partners Inc purchased a new stake in Equifax in the third quarter worth about $85,000. 96.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the completion of the transaction, the executive vice president now directly owns 11,269 shares of the company’s stock, valued at approximately $3,075,535.48. The trade was a 8.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now owns 11,697 shares in the company, valued at $3,045,781.83. This represents a 4.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 59,855 shares of company stock worth $16,187,044 in the last three months. Corporate insiders own 1.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on EFX shares. Jefferies Financial Group lowered their price objective on Equifax from $340.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday. BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price objective on the stock in a research report on Monday, December 16th. Wells Fargo & Company cut their price target on Equifax from $325.00 to $321.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. UBS Group initiated coverage on Equifax in a research report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective on the stock. Finally, Robert W. Baird increased their target price on Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.12.

Equifax Trading Up 4.7 %

NYSE EFX opened at $264.13 on Thursday. The stock has a market cap of $32.74 billion, a PE ratio of 58.70, a PEG ratio of 3.30 and a beta of 1.57. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63. The company’s 50-day moving average price is $258.35 and its 200-day moving average price is $272.98. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96.

Equifax (NYSE:EFX) last issued its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.76 EPS. Equities research analysts forecast that Equifax Inc. will post 7.28 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.59%. The ex-dividend date was Friday, November 22nd. Equifax’s payout ratio is 34.67%.

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.