Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Equifax, Inc. (NYSE:EFX) by 8.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,674 shares of the credit services provider’s stock after purchasing an additional 1,445 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Equifax were worth $1,979,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. YorkBridge Wealth Partners LLC grew its stake in 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 purchasing an additional 37 shares in the last quarter. Sun Life Financial INC grew its stake in 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 purchasing an additional 875 shares in the last quarter. IFP Advisors Inc grew its stake in 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 purchasing an additional 183 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Equifax in the third quarter worth about $134,000. Finally, ETF Managers Group LLC acquired a new position in Equifax in the second quarter worth about $137,000. Institutional investors and hedge funds own 87.25% of the company’s stock.
Shares of Equifax, Inc. (NYSE:EFX) opened at $108.74 on Monday. The firm has a market capitalization of $13,057.43, a P/E ratio of 18.15, a PEG ratio of 1.82 and a beta of 0.93. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a twelve month low of $89.59 and a twelve month high of $147.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. The company had revenue of $834.80 million for the quarter, compared to analysts’ expectations of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 earnings per share. sell-side analysts forecast that Equifax, Inc. will post 5.97 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.43%. Equifax’s dividend payout ratio (DPR) is presently 35.29%.
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EFX has been the subject of a number of research reports. Robert W. Baird reiterated a “buy” rating and issued a $141.00 price target on shares of Equifax in a research note on Tuesday, September 12th. Royal Bank Of Canada decreased their price target on Equifax from $154.00 to $113.00 and set an “outperform” rating for the company in a research note on Tuesday, September 19th. Evercore ISI reiterated an “outperform” rating and issued a $110.00 price target (down from $174.00) on shares of Equifax in a research note on Saturday, September 16th. Morgan Stanley decreased their price target on Equifax from $144.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, September 8th. Finally, SunTrust Banks, Inc. lifted their price target on Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $128.07.
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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