Hound Partners LLC trimmed its position in Equifax Inc. (NYSE:EFX) by 20.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 921,094 shares of the credit services provider’s stock after selling 234,111 shares during the quarter. Equifax accounts for 3.0% of Hound Partners LLC’s portfolio, making the stock its 13th largest position. Hound Partners LLC owned about 0.77% of Equifax worth $108,615,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Telemus Capital LLC acquired a new position in Equifax during the fourth quarter worth $859,000. Victory Capital Management Inc. raised its stake in Equifax by 33.4% during the third quarter. Victory Capital Management Inc. now owns 21,633 shares of the credit services provider’s stock worth $2,293,000 after acquiring an additional 5,416 shares in the last quarter. Comgest Global Investors S.A.S. acquired a new position in Equifax during the fourth quarter worth $1,828,000. Capital International Investors bought a new stake in shares of Equifax during the third quarter worth $513,940,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Equifax by 144.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,223 shares of the credit services provider’s stock worth $262,000 after purchasing an additional 1,312 shares during the last quarter. Institutional investors and hedge funds own 93.35% of the company’s stock.
Several analysts have recently commented on EFX shares. Robert W. Baird restated a “buy” rating and set a $137.00 target price on shares of Equifax in a report on Tuesday, January 9th. SunTrust Banks increased their target price on Equifax to $140.00 and gave the stock a “buy” rating in a report on Monday, March 5th. Wells Fargo & Co restated a “buy” rating and set a $132.00 target price (up previously from $127.00) on shares of Equifax in a report on Monday, March 5th. Barclays decreased their target price on Equifax from $120.00 to $128.00 and set an “equal weight” rating on the stock in a report on Monday, March 5th. Finally, Morgan Stanley increased their target price on Equifax from $112.00 to $119.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Equifax currently has an average rating of “Buy” and a consensus target price of $130.07.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, March 1st. The credit services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.04. The business had revenue of $838.50 million for the quarter, compared to analysts’ expectations of $825.70 million. Equifax had a return on equity of 23.31% and a net margin of 17.47%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.42 earnings per share. equities analysts forecast that Equifax Inc. will post 5.92 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 12th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.26%. The ex-dividend date is Friday, March 9th. Equifax’s dividend payout ratio is 32.30%.
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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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