OLD National Bancorp IN Has $16.16 Million Stock Position in Equifax Inc. (NYSE:EFX)

OLD National Bancorp IN raised its holdings in shares of Equifax Inc. (NYSE:EFX) by 2.9% during the second quarter, HoldingsChannel.com reports. The firm owned 66,644 shares of the credit services provider’s stock after acquiring an additional 1,895 shares during the quarter. OLD National Bancorp IN’s holdings in Equifax were worth $16,159,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EFX. Wetzel Investment Advisors Inc. acquired a new position in Equifax in the fourth quarter valued at about $25,000. EntryPoint Capital LLC bought a new position in Equifax during the 1st quarter worth approximately $30,000. OFI Invest Asset Management acquired a new position in Equifax during the first quarter valued at approximately $31,000. Turtle Creek Wealth Advisors LLC bought a new stake in Equifax in the fourth quarter valued at approximately $41,000. Finally, ORG Partners LLC acquired a new stake in Equifax in the fourth quarter worth $49,000. Institutional investors own 96.20% of the company’s stock.

Insider Transactions at Equifax

In other news, SVP James M. Griggs sold 2,410 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $238.60, for a total value of $575,026.00. Following the completion of the sale, the senior vice president now directly owns 5,001 shares of the company’s stock, valued at $1,193,238.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Equifax news, SVP James M. Griggs sold 2,410 shares of the company’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $238.60, for a total value of $575,026.00. Following the transaction, the senior vice president now directly owns 5,001 shares in the company, valued at $1,193,238.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Carla Chaney sold 3,000 shares of the 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 directly owns 10,875 shares in the company, valued at $3,065,118.75. The disclosure for this sale can be found here. Insiders have sold 14,238 shares of company stock worth $3,492,928 in the last ninety days. Insiders own 1.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on EFX shares. JPMorgan Chase & Co. raised their price objective on Equifax from $273.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Bank of America lifted their price objective on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Oppenheimer increased their target price on Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Citigroup raised their target price on shares of Equifax from $263.00 to $304.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Finally, The Goldman Sachs Group increased their price objective on shares of Equifax from $246.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Four research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $287.00.

Equifax Stock Down 0.8 %

NYSE EFX traded down $2.31 during trading hours on Friday, hitting $278.43. 1,060,233 shares of the company traded hands, compared to its average volume of 832,966. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. The business’s 50-day moving average is $252.75 and its 200-day moving average is $250.22. The stock has a market capitalization of $34.42 billion, a price-to-earnings ratio of 62.01, a P/E/G ratio of 1.92 and a beta of 1.56. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $288.24.

Equifax (NYSE:EFX) last released its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.09. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the business earned $1.71 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. Sell-side analysts anticipate that Equifax Inc. will post 7.34 earnings per share for the current year.

Equifax Profile

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.