TimesSquare Capital Management LLC Sells 61,940 Shares of Equifax Inc. (NYSE:EFX)

TimesSquare Capital Management LLC cut its stake in shares of Equifax Inc. (NYSE:EFX) by 25.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,435 shares of the credit services provider’s stock after selling 61,940 shares during the quarter. TimesSquare Capital Management LLC owned approximately 0.15% of Equifax worth $44,867,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of EFX. Wetzel Investment Advisors Inc. purchased a new position in shares of Equifax in the 4th quarter worth about $25,000. KB Financial Partners LLC bought a new position in shares of Equifax during the 3rd quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Equifax during the 4th quarter worth approximately $41,000. Smithfield Trust Co lifted its stake in Equifax by 55.5% in the third quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 71 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Equifax in the fourth quarter valued at $49,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EFX shares. Truist Financial lifted their target price on Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a report on Friday, February 9th. Needham & Company LLC reissued a “buy” rating and issued a $305.00 target price on shares of Equifax in a research note on Thursday, April 18th. JPMorgan Chase & Co. decreased their target price on Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Redburn Atlantic downgraded shares of Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price objective on the stock. in a research report on Thursday, January 11th. Finally, Evercore ISI raised shares of Equifax from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $210.00 to $310.00 in a research note on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $270.19.

Equifax Price Performance

Shares of Equifax stock traded up $4.92 on Thursday, hitting $239.22. 756,775 shares of the company traded hands, compared to its average volume of 855,544. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.73 and a current ratio of 0.73. The business has a 50-day simple moving average of $249.02 and a 200 day simple moving average of $235.68. Equifax Inc. has a 52 week low of $159.95 and a 52 week high of $275.10. The stock has a market capitalization of $29.57 billion, a P/E ratio of 52.18, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54.

Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.06. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 EPS. Research analysts expect that Equifax Inc. will post 7.36 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be given a $0.39 dividend. The ex-dividend date is Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 0.65%. Equifax’s dividend payout ratio is presently 34.74%.

Insiders Place Their Bets

In other Equifax news, EVP Rodolfo O. Ploder sold 14,097 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $225.45, for a total transaction of $3,178,168.65. Following the completion of the transaction, the executive vice president now owns 75,964 shares in the company, valued at $17,126,083.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Equifax news, CEO Mark W. Begor sold 58,300 shares of the company’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $225.45, for a total value of $13,143,735.00. Following the completion of the sale, the chief executive officer now directly owns 109,220 shares in the company, valued at approximately $24,623,649. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rodolfo O. Ploder sold 14,097 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $225.45, for a total value of $3,178,168.65. Following the transaction, the executive vice president now owns 75,964 shares in the company, valued at approximately $17,126,083.80. The disclosure for this sale can be found here. 1.66% of the stock is owned by insiders.

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.