IFM Investors Pty Ltd purchased a new stake in shares of Equifax, Inc. (NYSE:EFX) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,405 shares of the credit services provider’s stock, valued at approximately $361,000.
Several other institutional investors and hedge funds have also modified their holdings of EFX. YorkBridge Wealth Partners LLC boosted its position in shares of Equifax by 5.0% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock valued at $108,000 after acquiring an additional 37 shares during the last quarter. Sun Life Financial INC boosted its position in shares of Equifax by 9,722.2% during the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock valued at $121,000 after acquiring an additional 875 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Equifax by 24.6% during the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock valued at $128,000 after acquiring an additional 183 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of Equifax during the 3rd quarter valued at about $130,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Equifax during the 3rd quarter valued at about $134,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.
Shares of Equifax, Inc. (EFX) opened at $119.51 on Friday. The firm has a market capitalization of $14,350.00, a P/E ratio of 19.95, a P/E/G ratio of 2.01 and a beta of 0.94. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The firm had revenue of $834.80 million during the quarter, compared to the consensus estimate of $847.28 million. During the same quarter in the previous year, the company posted $1.44 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. analysts expect that Equifax, Inc. will post 5.93 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 24th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $1.56 annualized dividend and a yield of 1.31%. Equifax’s payout ratio is currently 35.29%.
A number of research firms recently weighed in on EFX. SunTrust Banks boosted their target price on Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a research report on Friday, September 8th. Robert W. Baird restated a “buy” rating and issued a $141.00 target price on shares of Equifax in a research report on Tuesday, September 12th. Evercore ISI restated a “buy” rating and issued a $174.00 target price on shares of Equifax in a research report on Saturday, September 9th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $149.00 target price on shares of Equifax in a research report on Friday, September 8th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Equifax currently has a consensus rating of “Hold” and an average target price of $128.93.
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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