CIBC World Markets Inc. purchased a new stake in shares of Equifax Inc. (NYSE:EFX) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 7,566 shares of the credit services provider’s stock, valued at approximately $891,000.
Several other hedge funds have also recently modified their holdings of EFX. Truewealth LLC acquired a new position in shares of Equifax during the 4th quarter valued at $164,000. Massey Quick Simon & CO. LLC increased its position in shares of Equifax by 9,375.0% during the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock valued at $179,000 after purchasing an additional 1,500 shares during the period. Point72 Asia Hong Kong Ltd increased its position in shares of Equifax by 1,186.4% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock valued at $179,000 after purchasing an additional 1,400 shares during the period. Douglass Winthrop Advisors LLC acquired a new position in shares of Equifax during the 4th quarter valued at $211,000. Finally, HPM Partners LLC acquired a new position in shares of Equifax during the 4th quarter valued at $219,000. Institutional investors own 90.18% of the company’s stock.
Several equities analysts have recently issued reports on EFX shares. Bank of America started coverage on Equifax in a research report on Tuesday, April 10th. They set an “underperform” rating and a $115.00 price target on the stock. Royal Bank of Canada lowered their price target on Equifax to $121.00 and set a “sector perform” rating on the stock in a research report on Monday, March 5th. SunTrust Banks raised their price objective on Equifax to $140.00 and gave the stock a “buy” rating in a research note on Monday, March 5th. Wells Fargo & Co reissued a “buy” rating and set a $132.00 price objective (up from $127.00) on shares of Equifax in a research note on Monday, March 5th. Finally, ValuEngine raised Equifax from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. Equifax presently has a consensus rating of “Hold” and an average target price of $124.64.
EFX opened at $125.11 on Monday. The firm has a market cap of $15.05 billion, a PE ratio of 20.96, a P/E/G ratio of 2.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.60 and a quick ratio of 0.60. Equifax Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, April 25th. The credit services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.06. The business had revenue of $865.70 million during the quarter, compared to analyst estimates of $854.89 million. Equifax had a return on equity of 22.55% and a net margin of 15.46%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $1.44 EPS. equities research analysts forecast that Equifax Inc. will post 5.94 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 15th. Stockholders of record on Friday, May 25th were given a $0.39 dividend. The ex-dividend date of this dividend was Thursday, May 24th. This represents a $1.56 annualized dividend and a dividend yield of 1.25%. Equifax’s dividend payout ratio (DPR) is presently 26.13%.
In other Equifax news, CEO Mark W. Begor bought 8,700 shares of the firm’s stock in a transaction dated Friday, May 25th. The stock was acquired at an average price of $115.01 per share, with a total value of $1,000,587.00. Following the completion of the transaction, the chief executive officer now directly owns 46,491 shares in the company, valued at approximately $5,346,929.91. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.45% of the company’s stock.
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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