Equifax, Inc. (EFX) Sees Significant Growth in Short Interest

Equifax, Inc. (NYSE:EFX) was the recipient of a significant growth in short interest in the month of September. As of September 29th, there was short interest totalling 7,070,243 shares, a growth of 180.6% from the September 15th total of 2,519,654 shares. Currently, 5.9% of the company’s shares are short sold. Based on an average daily trading volume, of 7,623,221 shares, the days-to-cover ratio is presently 0.9 days.

A number of equities analysts have recently commented on the company. Wells Fargo & Company set a $127.00 price objective on Equifax and gave the stock a “buy” rating in a report on Friday, October 6th. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Stephens restated an “equal weight” rating and issued a $110.00 price objective on shares of Equifax in a report on Wednesday, October 4th. SunTrust Banks, Inc. restated a “buy” rating on shares of Equifax in a report on Friday. Finally, Stifel Nicolaus restated a “buy” rating and issued a $149.00 price objective on shares of Equifax in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $130.27.

In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the transaction, the chief financial officer now directly owns 42,078 shares in the company, valued at approximately $6,126,556.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares in the company, valued at $6,238,412.46. The disclosure for this sale can be found here. Insiders have sold 12,219 shares of company stock worth $1,780,938 over the last quarter. 1.29% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in EFX. YorkBridge Wealth Partners LLC lifted its position in shares of Equifax by 5.0% in the second quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after buying an additional 37 shares during the last quarter. Sun Life Financial INC lifted its position in shares of Equifax by 9,722.2% in the second quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after buying an additional 875 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Equifax by 24.6% in the second quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after buying an additional 183 shares during the last quarter. ETF Managers Group LLC acquired a new stake in shares of Equifax in the second quarter worth about $137,000. Finally, SNS Financial Group LLC acquired a new stake in shares of Equifax in the second quarter worth about $200,000. 90.00% of the stock is owned by institutional investors.

Shares of Equifax (NYSE EFX) opened at 109.50 on Friday. Equifax has a one year low of $89.59 and a one year high of $147.02. The stock has a market capitalization of $13.18 billion, a P/E ratio of 23.19 and a beta of 0.87. The company’s 50 day moving average price is $114.72 and its 200 day moving average price is $133.07.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company had revenue of $856.70 million during the quarter, compared to analysts’ expectations of $860.48 million. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, equities analysts expect that Equifax will post $5.98 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.42%. Equifax’s dividend payout ratio is currently 33.05%.

COPYRIGHT VIOLATION WARNING: “Equifax, Inc. (EFX) Sees Significant Growth in Short Interest” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was copied illegally and republished in violation of United S

A number of equities analysts have recently commented on the company. Wells Fargo & Company set a $127.00 price objective on Equifax and gave the stock a “buy” rating in a report on Friday, October 6th. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Stephens restated an “equal weight” rating and issued a $110.00 price objective on shares of Equifax in a report on Wednesday, October 4th. SunTrust Banks, Inc. restated a “buy” rating on shares of Equifax in a report on Friday. Finally, Stifel Nicolaus restated a “buy” rating and issued a $149.00 price objective on shares of Equifax in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $130.27.

In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the transaction, the chief financial officer now directly owns 42,078 shares in the company, valued at approximately $6,126,556.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares in the company, valued at $6,238,412.46. The disclosure for this sale can be found here. Insiders have sold 12,219 shares of company stock worth $1,780,938 over the last quarter. 1.29% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in EFX. YorkBridge Wealth Partners LLC lifted its position in shares of Equifax by 5.0% in the second quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after buying an additional 37 shares during the last quarter. Sun Life Financial INC lifted its position in shares of Equifax by 9,722.2% in the second quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after buying an additional 875 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Equifax by 24.6% in the second quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after buying an additional 183 shares during the last quarter. ETF Managers Group LLC acquired a new stake in shares of Equifax in the second quarter worth about $137,000. Finally, SNS Financial Group LLC acquired a new stake in shares of Equifax in the second quarter worth about $200,000. 90.00% of the stock is owned by institutional investors.

Shares of Equifax (NYSE EFX) opened at 109.50 on Friday. Equifax has a one year low of $89.59 and a one year high of $147.02. The stock has a market capitalization of $13.18 billion, a P/E ratio of 23.19 and a beta of 0.87. The company’s 50 day moving average price is $114.72 and its 200 day moving average price is $133.07.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company had revenue of $856.70 million during the quarter, compared to analysts’ expectations of $860.48 million. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, equities analysts expect that Equifax will post $5.98 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.42%. Equifax’s dividend payout ratio is currently 33.05%.

COPYRIGHT VIOLATION WARNING: “Equifax, Inc. (EFX) Sees Significant Growth in Short Interest” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/15/equifax-inc-efx-sees-significant-growth-in-short-interest.html.

Equifax Company Profile

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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