Truewealth LLC acquired a new stake in Equifax Inc. (NYSE:EFX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,387 shares of the credit services provider’s stock, valued at approximately $164,000.
A number of other large investors have also recently bought and sold shares of EFX. Nationwide Fund Advisors raised its stake in shares of Equifax by 9.8% in the 3rd quarter. Nationwide Fund Advisors now owns 36,888 shares of the credit services provider’s stock valued at $3,910,000 after purchasing an additional 3,285 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Equifax by 73.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,108 shares of the credit services provider’s stock valued at $541,000 after purchasing an additional 2,160 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of Equifax in the 3rd quarter valued at about $1,124,000. Victory Capital Management Inc. raised its stake in shares of Equifax by 33.4% in the 3rd quarter. Victory Capital Management Inc. now owns 21,633 shares of the credit services provider’s stock valued at $2,293,000 after purchasing an additional 5,416 shares in the last quarter. Finally, Andra AP fonden raised its stake in shares of Equifax by 24.1% in the 3rd quarter. Andra AP fonden now owns 30,900 shares of the credit services provider’s stock valued at $3,275,000 after purchasing an additional 6,000 shares in the last quarter. 93.35% of the stock is owned by institutional investors.
A number of equities research analysts have recently issued reports on the stock. SunTrust Banks upped their target price on shares of Equifax to $140.00 and gave the company a “buy” rating in a research note on Monday, March 5th. Wells Fargo & Co restated a “buy” rating and issued a $132.00 target price (up previously from $127.00) on shares of Equifax in a research note on Monday, March 5th. Royal Bank of Canada dropped their price objective on shares of Equifax to $121.00 and set a “sector perform” rating on the stock in a research note on Monday, March 5th. Barclays dropped their price objective on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating on the stock in a research note on Monday, March 5th. Finally, William Blair reiterated an “outperform” rating on shares of Equifax in a research note on Thursday, March 1st. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Equifax has an average rating of “Buy” and an average target price of $130.07.
Shares of Equifax Inc. (EFX) traded down $0.55 during trading hours on Wednesday, hitting $123.19. 869,154 shares of the company’s stock traded hands, compared to its average volume of 1,340,000. Equifax Inc. has a 12 month low of $89.59 and a 12 month high of $147.02. The firm has a market capitalization of $14,790.00, a price-to-earnings ratio of 27.81, a P/E/G ratio of 2.11 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.54.
Equifax (NYSE:EFX) last announced its quarterly earnings results on Thursday, March 1st. The credit services provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.35 by $0.04. Equifax had a net margin of 17.47% and a return on equity of 23.31%. The company had revenue of $838.50 million for the quarter, compared to analyst estimates of $825.70 million. During the same quarter last year, the business earned $1.42 earnings per share. Equifax’s revenue was up 4.7% compared to the same quarter last year. sell-side analysts anticipate that Equifax Inc. will post 5.92 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.56 annualized dividend and a dividend yield of 1.27%. Equifax’s payout ratio is currently 35.21%.
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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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