Equifax Inc. (EFX) Stake Lifted by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board lifted its holdings in Equifax Inc. (NYSE:EFX) by 273.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,214 shares of the credit services provider’s stock after acquiring an additional 44,100 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Equifax were worth $7,862,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Asset Management Inc boosted its holdings in shares of Equifax by 3.8% in the 2nd quarter. CIBC Asset Management Inc now owns 11,906 shares of the credit services provider’s stock worth $1,490,000 after acquiring an additional 436 shares in the last quarter. Homrich & Berg boosted its holdings in shares of Equifax by 8.6% in the 2nd quarter. Homrich & Berg now owns 5,502 shares of the credit services provider’s stock worth $688,000 after acquiring an additional 438 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Equifax by 2.5% in the 2nd quarter. Victory Capital Management Inc. now owns 19,136 shares of the credit services provider’s stock worth $2,394,000 after acquiring an additional 463 shares in the last quarter. Glen Harbor Capital Management LLC boosted its holdings in shares of Equifax by 8.5% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 6,076 shares of the credit services provider’s stock worth $760,000 after acquiring an additional 476 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in shares of Equifax by 16.5% in the 3rd quarter. Penserra Capital Management LLC now owns 3,496 shares of the credit services provider’s stock worth $456,000 after acquiring an additional 494 shares in the last quarter. 90.51% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on EFX shares. Morgan Stanley set a $115.00 price objective on shares of Equifax and gave the stock a “hold” rating in a research report on Thursday, October 25th. Deutsche Bank set a $128.00 price objective on shares of Equifax and gave the stock a “buy” rating in a research report on Friday, October 26th. Credit Suisse Group started coverage on shares of Equifax in a research report on Friday. They issued an “outperform” rating and a $125.00 price objective for the company. Barclays dropped their price objective on shares of Equifax from $120.00 to $105.00 and set an “equal weight” rating for the company in a research report on Friday, October 26th. Finally, Wells Fargo & Co dropped their price objective on shares of Equifax from $145.00 to $137.00 and set an “outperform” rating for the company in a research report on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $128.10.

EFX stock opened at $99.36 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19. Equifax Inc. has a fifty-two week low of $90.54 and a fifty-two week high of $138.69. The company has a market capitalization of $11.97 billion, a P/E ratio of 16.64, a P/E/G ratio of 2.41 and a beta of 1.11.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, October 24th. The credit services provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.01). Equifax had a return on equity of 21.48% and a net margin of 13.07%. The company had revenue of $834.20 million during the quarter, compared to the consensus estimate of $857.51 million. During the same quarter last year, the firm earned $1.53 EPS. As a group, sell-side analysts forecast that Equifax Inc. will post 5.73 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 23rd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.57%. The ex-dividend date is Wednesday, November 21st. Equifax’s dividend payout ratio (DPR) is presently 26.13%.

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Equifax Company Profile

Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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