Wealth Management Nebraska Invests $357,000 in Equifax Inc. (NYSE:EFX)

Wealth Management Nebraska bought a new position in shares of Equifax Inc. (NYSE:EFX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,399 shares of the credit services provider’s stock, valued at approximately $357,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFX. Blue Trust Inc. boosted its position in Equifax by 178.8% in the 3rd quarter. Blue Trust Inc. now owns 435 shares of the credit services provider’s stock worth $128,000 after purchasing an additional 279 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Equifax by 3.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after buying an additional 231 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Equifax by 34.8% during the third quarter. Sequoia Financial Advisors LLC now owns 1,454 shares of the credit services provider’s stock valued at $427,000 after buying an additional 375 shares during the period. Private Advisor Group LLC purchased a new position in Equifax in the third quarter valued at $234,000. Finally, Greenleaf Trust raised its position in shares of Equifax by 3.0% in the third quarter. Greenleaf Trust now owns 1,665 shares of the credit services provider’s stock worth $489,000 after acquiring an additional 48 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Equifax Trading Down 1.3 %

Shares of EFX stock opened at $238.04 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company’s 50-day moving average price is $258.10 and its 200-day moving average price is $272.93. The stock has a market cap of $29.51 billion, a price-to-earnings ratio of 49.28, a PEG ratio of 2.81 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. As a group, equities analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a $0.39 dividend. The ex-dividend date is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 0.66%. Equifax’s dividend payout ratio is currently 32.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EFX shares. Barclays dropped their target price on Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. William Blair restated an “outperform” rating on shares of Equifax in a research report on Friday, February 7th. Wells Fargo & Company decreased their target price on Equifax from $321.00 to $313.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Gordon Haskett raised shares of Equifax to a “strong-buy” rating in a research note on Tuesday. Finally, Jefferies Financial Group reduced their price objective on shares of Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $301.13.

Insider Buying and Selling at Equifax

In related news, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the sale, the executive vice president now directly owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.57% of the company’s stock.

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.