Rovin Capital UT ADV Sells 305 Shares of Equifax Inc. (NYSE:EFX)

Rovin Capital UT ADV lowered its holdings in shares of Equifax Inc. (NYSE:EFX) by 20.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,186 shares of the credit services provider’s stock after selling 305 shares during the period. Rovin Capital UT ADV’s holdings in Equifax were worth $302,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of EFX. Ashton Thomas Securities LLC acquired a new position in Equifax during the 3rd quarter worth about $29,000. Central Pacific Bank Trust Division bought a new position in shares of Equifax during the fourth quarter worth about $35,000. Exchange Traded Concepts LLC bought a new position in shares of Equifax during the third quarter worth about $48,000. Intact Investment Management Inc. acquired a new position in shares of Equifax in the third quarter worth approximately $73,000. Finally, Pinnacle Financial Partners Inc bought a new stake in Equifax in the third quarter valued at approximately $85,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Equifax Stock Up 4.7 %

Shares of NYSE EFX opened at $264.13 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The company has a 50-day moving average price of $258.35 and a 200-day moving average price of $272.92. The stock has a market capitalization of $32.74 billion, a P/E ratio of 58.70, a P/E/G ratio of 2.43 and a beta of 1.57. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63.

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

Equifax Announces Dividend

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

Analyst Ratings Changes

EFX has been the subject of several recent analyst reports. Oppenheimer decreased their price objective on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a research report on Tuesday, November 19th. Stifel Nicolaus dropped their price objective on Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Jefferies Financial Group decreased their target price on Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday. Robert W. Baird lifted their target price on Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Finally, Needham & Company LLC restated a “buy” rating and set a $350.00 price target on shares of Equifax in a report on Monday, October 28th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $311.12.

Insiders Place Their Bets

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the transaction, the executive vice president now owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the transaction, the executive vice president now directly owns 11,269 shares in the company, valued at $3,075,535.48. This trade represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 59,855 shares of company stock valued at $16,187,044. Corporate insiders own 1.66% of the company’s stock.

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.