Private Trust Co. NA Has $297,000 Stock Position in Equifax Inc. (NYSE:EFX)

Private Trust Co. NA lessened its position in shares of Equifax Inc. (NYSE:EFX) by 7.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,011 shares of the credit services provider’s stock after selling 78 shares during the quarter. Private Trust Co. NA’s holdings in Equifax were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of EFX. Ashton Thomas Securities LLC acquired a new position in Equifax in the third quarter worth about $29,000. Tortoise Investment Management LLC raised its holdings in shares of Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after buying an additional 54 shares in the last quarter. Mascoma Wealth Management LLC bought a new position in shares of Equifax during the 2nd quarter worth approximately $30,000. Crewe Advisors LLC boosted its stake in Equifax by 138.2% in the 2nd 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 in the last quarter. Finally, First Community Trust NA bought a new stake in Equifax in the second quarter valued at $33,000. 96.20% of the stock is currently owned by institutional investors.

Equifax Trading Up 0.9 %

Shares of NYSE EFX opened at $261.19 on Friday. The company’s 50 day simple moving average is $275.28 and its 200 day simple moving average is $268.43. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax Inc. has a fifty-two week low of $209.68 and a fifty-two week high of $309.63. The firm has a market capitalization of $32.37 billion, a P/E ratio of 58.04, a P/E/G ratio of 3.28 and a beta of 1.59.

Equifax (NYSE:EFX) last posted 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 for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.56% and a net margin of 10.07%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same period last year, the company earned $1.76 EPS. On average, analysts predict that Equifax Inc. will post 7.27 EPS for the current year.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be given a $0.39 dividend. The ex-dividend date is Friday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.60%. Equifax’s dividend payout ratio is 34.67%.

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 58,304 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the sale, the chief executive officer now owns 109,183 shares of the company’s stock, valued at $29,532,909.67. This trade represents a 34.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value 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. This represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 59,855 shares of company stock valued at $16,187,044 in the last 90 days. 1.66% of the stock is owned by insiders.

Analysts Set New Price Targets

EFX has been the subject of a number of analyst reports. The Goldman Sachs Group lifted their price objective on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Morgan Stanley boosted their price target on shares of Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a research report on Thursday, September 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $350.00 price objective on shares of Equifax in a report on Monday, October 28th. Robert W. Baird boosted 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, UBS Group assumed coverage on Equifax in a report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price target for the company. Four research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $306.74.

Equifax Company 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.