Forsta AP Fonden owns $5.75 million in Equifax Inc. (NYSE:EFX)

VaselineSeptember 15, 2024

0 4 minutes read

Forsta AP Fonden reduced its holdings in shares of Equifax Inc. (NYSE:EFX – Free Report) by 4.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 23,700 shares of the credit services provider’s stock after selling 1,100 shares during the period. Forsta AP Fonden’s holdings in Equifax were worth $5,746,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EFX. EntryPoint Capital LLC acquired a new stake in Equifax in the 1st quarter worth $30,000. Tortoise Investment Management LLC boosted its holdings in shares of Equifax by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 54 shares during the period. Mascoma Wealth Management LLC purchased a new position in shares of Equifax in the second quarter valued at $30,000. OFI Invest Asset Management acquired a new position in shares of Equifax in the first quarter valued at $31,000. Finally, Crewe Advisors LLC boosted its holdings in shares of Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock valued at $32,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s shares.

Indoor activity

In related news, EVP Carla Chaney sold 3,000 shares of Equifax stock in a transaction dated 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 transaction, the executive vice president now owns 10,875 shares in the company, valued at $3,065,118.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. 1.57% of shares are owned by insiders.

Equifax stock up 3.0%

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Shares of EFX opened at $306.75 on Friday. The company has a market cap of $37.96 billion, a price-to-earnings ratio of 68.32, a P/E/G ratio of 1.99 and a beta of 1.58. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $308.54. The company has a 50 day moving average price of $282.61 and a two hundred day moving average price of $258.19. The company has a quick ratio of 0.79, a current ratio of 0.79, and a debt-to-equity ratio of 1.01.

Equifax (NYSE:EFX – Get Your Free Report ) last posted its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.09. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The company’s revenue increased by 8.6% year-on-year. In the same period last year, the company earned $1.71 per share. Analysts anticipate that Equifax Inc. will record 7.33 EPS for the current fiscal year.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, September 3rd. This represents an annualized dividend of $1.56 and a dividend yield of 0.51%. Equifax’s dividend payout ratio is currently 34.74%.

Analysts on Wall Street are forecasting an increase

Several brokerages have recently issued reports on EFX. Morgan Stanley upped their target price on shares of Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a report on Thursday. Wells Fargo & Company raised shares of Equifax to a “strong-buy” rating in a report on Tuesday, August 13th. Citigroup upped their target price on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Robert W. Baird increased their target price on shares of Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, July 19th. Finally, Needham & Company LLC upped their target price on Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Moderate Buy” and a consensus price target of $301.59, based on data from MarketBeat.

Get the latest stock analysis on Equifax

Equifax profile

(Free Report)

Equifax Inc operates as a data, analytics and technology company. The company operates through three segments: Workforce Solutions, US Information Solutions (USIS) and International. The Workforce Solutions segment provides services that allow customers to verify the income, employment, educational history, criminal justice data, health professional licensure and sanctions of individuals in the United States; and employer clients with services that help them comply with and automate payroll and human resource management processes throughout the entire employment cycle.