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Equifax, Inc. (NYSE:EFX) Experiences Heavier than Average Trading Volume

Equifax, Inc. (NYSE:EFX) Experiences Heavier than Average Trading Volume

It is negative, as 56 investors sold Equifax Inc. shares while 182 reduced holdings. They now have a $149.00 price target on the credit services provider's stock.

Other hedge funds have also recently made changes to their positions in the company. Stifel Nicolaus reiterated a buy rating and issued a $149.00 price target on shares of Equifax in a research report on Friday, September 8th.

Morgan Stanley maintains its equal-weight rating for the stock, and has dropped its base case price target to $127 from $140. Evercore ISI reiterated a buy rating and issued a $174.00 price target on shares of Equifax in a research report on Saturday, September 9th. Deutsche Bank AG reiterated a buy rating and issued a $160.00 price target (up previously from $140.00) on shares of Equifax in a research report on Thursday, July 27th. Equity analyst Argus started covering the stock setting a rating of "Buy". The company presently has a consensus rating of "Buy" and a consensus target price of $136.92. The stock has an average rating of "Buy" and an average price target of $137.93.

Yesterday Equifax (NYSE:EFX) traded -3.17% lower at $96.59. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.

Shares are trading at $91.92 which is well below the 50 day moving average of $137.80 and which is quite a bit below the 200 day moving average of $137.30. The company has a market capitalization of $15.51 billion, a P/E ratio of 32.02 and a beta of 0.83.

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Equifax (NYSE:EFX) last released its earnings results on Wednesday, February 8th. After $0.28 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 78.57% EPS growth. Equifax Inc had 39 analyst reports since July 24, 2015 according to SRatingsIntel. The company had revenue of $801.10 million for the quarter, compared to the consensus estimate of $799.53 million. During the same quarter previous year, the business posted $1.43 earnings per share. The firm's revenue was up 5.6% on a year-over-year basis. Equities analysts predict that Equifax will post $6.06 earnings per share for the current fiscal year. If you are viewing this news story on another site, it was stolen and reposted in violation of global trademark & copyright law. The original version of this article can be read at https://weekherald.com/2017/09/17/stifel-nicolaus-reiterates-buy-rating-for-equifax-inc-efx.html. (NYSE:EFX) news were published by: Reuters.com which released: "Credit Karma to launch free ID monitoring following Equifax hack" on September 15, 2017, also Seekingalpha.com with their article: "Equifax Valuation Is Attractive But Risks Remain" published on September 14, 2017, Seekingalpha.com published: "Equifax targeted by Sen". Shareholders of record on Friday, March 3rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was set for Wednesday the 23rd of August 2017. Equifax's payout ratio is now 32.75%.

Since May 15, 2017, it had 3 insider purchases, and 0 selling transactions for $3.37 million activity. The shares were sold at an average price of $119.74, for a total transaction of $400,051.34. Following the completion of the sale, the chief financial officer now owns 42,078 shares in the company, valued at $6,126,556.80. (NYSE:EFX) recently. Joseph Michael Iii Loughran, Pres USIS let go of $584,080 worth of shares at an average price of $146.02 on Tue the 1st. John W. Jr Gamble, CVP & CFO disclosed the sale of 6,500 shares of (EFX). Insiders sold 12,219 shares of company stock valued at $1,780,938 in the last quarter. Company insiders own 1.29% of the company's stock.

In taking a look at technical levels, Equifax Inc. Intl Fcstone Inc. purchased a new position in Equifax in the 2nd quarter valued at about $1,438,000. BlackRock Inc. boosted its holdings in shares of Equifax by 7.0% in the second quarter. Toronto Dominion Bank now owns 40,718 shares of the credit services provider's stock valued at $5,594,000 after buying an additional 8,364 shares in the last quarter. Nuveen Asset Ltd Liability Co has invested 0.11% of its portfolio in Equifax Inc. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider's stock valued at $1,621,809,000 after purchasing an additional 368,255 shares during the period. Finally, Gratus Capital LLC increased its stake in shares of Equifax by 0.8% in the fourth quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Equifax by 2.6% in the first quarter. Trading volume was up 2,633.17% over the stocks average daily volume.

Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers.