First Trust Advisors LP decreased its holdings in shares of Equifax Inc. (NYSE:EFX) by 20.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,342 shares of the credit services provider’s stock after selling 6,891 shares during the period. First Trust Advisors LP’s holdings in Equifax were worth $2,546,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Russell Investments Group Ltd. raised its position in shares of Equifax by 92.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 20,037 shares of the credit services provider’s stock worth $2,615,000 after purchasing an additional 9,605 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Equifax by 39.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 10,211 shares of the credit services provider’s stock worth $1,333,000 after purchasing an additional 2,885 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Equifax by 65.7% during the 3rd quarter. Victory Capital Management Inc. now owns 31,703 shares of the credit services provider’s stock worth $4,139,000 after purchasing an additional 12,567 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Equifax by 46.0% during the 3rd quarter. Private Advisor Group LLC now owns 2,365 shares of the credit services provider’s stock worth $309,000 after purchasing an additional 745 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Equifax during the 3rd quarter worth about $236,000. Institutional investors own 93.39% of the company’s stock.
EFX has been the subject of a number of recent research reports. TD Securities reiterated an “average” rating on shares of Equifax in a report on Monday, January 7th. SunTrust Banks reiterated a “buy” rating and issued a $125.00 price objective on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating and issued a $119.00 price objective on shares of Equifax in a report on Friday, February 22nd. Deutsche Bank cut their price objective on shares of Equifax from $128.00 to $110.00 and set a “buy” rating for the company in a report on Monday, January 14th. Finally, Morgan Stanley cut their price objective on shares of Equifax from $115.00 to $104.00 and set an “equal weight” rating for the company in a report on Tuesday, January 8th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. Equifax currently has an average rating of “Hold” and a consensus price target of $119.45.
EFX stock opened at $111.02 on Friday. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. Equifax Inc. has a 12 month low of $88.68 and a 12 month high of $138.69.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, February 20th. The credit services provider reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.06. The company had revenue of $835.30 million during the quarter, compared to the consensus estimate of $841.49 million. Equifax had a net margin of 8.78% and a return on equity of 21.58%. Equifax’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. On average, sell-side analysts expect that Equifax Inc. will post 5.67 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Tuesday, March 12th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.41%. Equifax’s dividend payout ratio is currently 26.94%.
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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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