Nisa Investment Advisors LLC Sells 7,567 Shares of Equifax Inc. (NYSE:EFX)

Nisa Investment Advisors LLC lowered its stake in Equifax Inc. (NYSE:EFX) by 21.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 26,943 shares of the credit services provider’s stock after selling 7,567 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Equifax were worth $6,866,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Atomi Financial Group Inc. boosted its position in shares of Equifax by 4.7% in the fourth quarter. Atomi Financial Group Inc. now owns 2,537 shares of the credit services provider’s stock worth $646,000 after purchasing an additional 115 shares during the period. Chesley Taft & Associates LLC bought a new position in Equifax in the 4th quarter worth $368,000. Mitchell & Pahl Private Wealth LLC increased its stake in Equifax by 6.0% in the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 3,112 shares of the credit services provider’s stock worth $793,000 after buying an additional 176 shares in the last quarter. Ballentine Partners LLC raised its holdings in Equifax by 9.6% during the fourth quarter. Ballentine Partners LLC now owns 1,392 shares of the credit services provider’s stock valued at $355,000 after acquiring an additional 122 shares during the period. Finally, Artemis Investment Management LLP lifted its position in shares of Equifax by 153.8% in the fourth quarter. Artemis Investment Management LLP now owns 73,832 shares of the credit services provider’s stock valued at $18,816,000 after acquiring an additional 44,739 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Equifax

In other news, EVP Lisa M. Nelson sold 551 shares of Equifax stock in a transaction on 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 in the company, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.57% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EFX. Wells Fargo & Company decreased their target price on Equifax from $325.00 to $321.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. UBS Group began coverage on shares of Equifax in a report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 target price on the stock. Robert W. Baird raised their target price on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Morgan Stanley upgraded shares of Equifax from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $275.00 to $320.00 in a research note on Thursday, December 12th. Finally, Stifel Nicolaus reduced their target price on Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $311.12.

Equifax Stock Performance

Equifax stock opened at $268.74 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market capitalization of $33.31 billion, a P/E ratio of 59.72, a price-to-earnings-growth ratio of 2.80 and a beta of 1.57. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. The company’s 50-day moving average is $258.65 and its 200 day moving average is $274.01.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date was Friday, November 22nd. Equifax’s dividend payout ratio is currently 34.67%.

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.