Equifax, Inc. (NYSE:EFX) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 3,796,542 shares, a drop of 50.5% from the October 13th total of 7,671,290 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average trading volume of 1,877,703 shares, the days-to-cover ratio is presently 2.0 days.

Equifax (NYSE:EFX) opened at $110.21 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02. The stock has a market cap of $13,063.44, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 1.84 and a beta of 0.93.

Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The business had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. During the same period in the previous year, the company earned $1.44 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. sell-side analysts anticipate that Equifax will post 5.92 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.42%. The ex-dividend date is Wednesday, November 22nd. Equifax’s dividend payout ratio is currently 35.29%.

A number of equities analysts have recently commented on EFX shares. Deutsche Bank AG reaffirmed a “buy” rating and set a $160.00 target price (up from $140.00) on shares of Equifax in a research report on Thursday, July 27th. Cowen and Company reaffirmed a “buy” rating and set a $151.00 target price on shares of Equifax in a research report on Friday, July 28th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Equifax in a research report on Wednesday, August 9th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Equifax in a research report on Friday, September 8th. Finally, Morgan Stanley reduced their target price on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, September 8th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Equifax presently has a consensus rating of “Buy” and a consensus price target of $128.07.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EFX. Bank of Montreal Can grew its holdings in Equifax by 22.1% in the second quarter. Bank of Montreal Can now owns 72,450 shares of the credit services provider’s stock worth $9,956,000 after purchasing an additional 13,108 shares during the last quarter. CrestPoint Capital Management LLC purchased a new position in Equifax in the second quarter worth $783,000. LS Investment Advisors LLC grew its holdings in Equifax by 3.4% in the second quarter. LS Investment Advisors LLC now owns 4,705 shares of the credit services provider’s stock worth $647,000 after purchasing an additional 156 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in Equifax by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 7,500 shares of the credit services provider’s stock worth $1,031,000 after purchasing an additional 100 shares during the last quarter. Finally, Aperio Group LLC grew its holdings in Equifax by 7.3% in the second quarter. Aperio Group LLC now owns 33,780 shares of the credit services provider’s stock worth $4,642,000 after purchasing an additional 2,308 shares during the last quarter. 87.25% of the stock is currently owned by institutional investors and hedge funds.

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About Equifax

Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.

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