Trinity Street Asset Management LLP boosted its position in Equifax, Inc. (NYSE:EFX – Free Report) by 2.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 145,540 shares of the credit services provider’s stock after acquiring an additional 3,737 shares during the period. Equifax accounts for 1.2% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 18th biggest position. Trinity Street Asset Management LLP owned approximately 0.12% of Equifax worth $23,100,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of EFX. Soroban Capital Partners LP boosted its holdings in shares of Equifax by 310.5% during the first quarter. Soroban Capital Partners LP now owns 4,184,569 shares of the credit services provider’s stock worth $753,515,000 after purchasing an additional 3,165,120 shares during the period. Norges Bank purchased a new position in Equifax during the 4th quarter valued at about $275,635,000. Brown Advisory Inc. increased its holdings in Equifax by 57.2% during the 4th quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock valued at $609,693,000 after purchasing an additional 1,022,819 shares during the period. Van ECK Associates Corp raised its position in Equifax by 105.5% during the 4th quarter. Van ECK Associates Corp now owns 1,603,415 shares of the credit services provider’s stock valued at $347,909,000 after purchasing an additional 823,116 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Equifax by 91.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,464,135 shares of the credit services provider’s stock worth $317,688,000 after buying an additional 697,403 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Equifax Stock Performance
Shares of Equifax stock opened at $180.63 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $21.22 billion, a P/E ratio of 31.75, a P/E/G ratio of 1.46 and a beta of 1.30. The business has a fifty day simple moving average of $169.47 and a two-hundred day simple moving average of $178.95. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on EFX shares. Mizuho reduced their target price on Equifax from $222.00 to $210.00 and set an “outperform” rating on the stock in a research note on Thursday, July 2nd. Citigroup dropped their price target on Equifax from $256.00 to $238.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft set a $208.00 price objective on shares of Equifax in a research report on Wednesday, July 22nd. Royal Bank Of Canada decreased their price objective on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group dropped their target price on shares of Equifax from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $215.79.
Check Out Our Latest Stock Report on Equifax
Insider Buying and Selling
In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the sale, the chief executive officer owned 271,890 shares in the company, valued at approximately $46,808,582.40. This represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by insiders.
Equifax Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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