Intact Investment Management Inc. Makes New $73,000 Investment in Equifax Inc. (NYSE:EFX)

Intact Investment Management Inc. purchased a new stake in shares of Equifax Inc. (NYSE:EFX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 250 shares of the credit services provider’s stock, valued at approximately $73,000.

Other hedge funds have also recently modified their holdings of the company. Northeast Investment Management acquired a new position in Equifax in the 3rd quarter valued at about $224,000. Forum Financial Management LP acquired a new stake in shares of Equifax during the 3rd quarter worth approximately $200,000. Janney Montgomery Scott LLC lifted its holdings in Equifax by 0.3% in the third quarter. Janney Montgomery Scott LLC now owns 36,979 shares of the credit services provider’s stock valued at $10,867,000 after acquiring an additional 114 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of Equifax by 3.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,474 shares of the credit services provider’s stock valued at $401,000 after purchasing an additional 53 shares during the last quarter. Finally, Weatherly Asset Management L. P. purchased a new position in Equifax during the third quarter worth about $234,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Transactions at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of Equifax stock in a transaction on 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 owns 11,269 shares of the company’s stock, valued at $3,075,535.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the completion of the transaction, the chief executive officer now owns 109,183 shares of the company’s stock, valued at approximately $29,532,909.67. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were 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 of the company’s stock, valued at $3,075,535.48. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.66% of the company’s stock.

Equifax Trading Up 1.9 %

NYSE:EFX opened at $269.63 on Wednesday. The company has a market capitalization of $33.42 billion, a PE ratio of 59.92, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax Inc. has a 52-week low of $179.13 and a 52-week high of $309.63. The stock has a fifty day simple moving average of $289.24 and a 200-day simple moving average of $264.82.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.76 EPS. On average, equities research analysts expect that Equifax Inc. will post 7.29 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently declared 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. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is presently 34.67%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Morgan Stanley raised their price target on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. The Goldman Sachs Group raised their price target on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Stifel Nicolaus increased their price objective on Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 19th. Barclays raised their price objective on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Finally, Oppenheimer lifted their target price on shares of Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $310.47.

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.