Keybank National Association OH reduced its stake in Equifax, Inc. (NYSE:EFX) by 57.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,849 shares of the credit services provider’s stock after selling 3,785 shares during the period. Keybank National Association OH’s holdings in Equifax were worth $302,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in shares of Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock valued at $1,365,099,000 after purchasing an additional 653,096 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of Equifax by 18.5% during the second quarter. Teachers Advisors LLC now owns 480,790 shares of the credit services provider’s stock valued at $66,070,000 after purchasing an additional 75,144 shares in the last quarter. Swiss National Bank increased its stake in shares of Equifax by 3.2% during the second quarter. Swiss National Bank now owns 437,845 shares of the credit services provider’s stock valued at $60,169,000 after purchasing an additional 13,500 shares in the last quarter. Airain ltd increased its stake in shares of Equifax by 166.0% during the second quarter. Airain ltd now owns 12,161 shares of the credit services provider’s stock valued at $1,671,000 after purchasing an additional 7,590 shares in the last quarter. Finally, Burgundy Asset Management Ltd. increased its stake in shares of Equifax by 0.7% during the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock valued at $231,339,000 after purchasing an additional 11,216 shares in the last quarter. 87.25% of the stock is owned by institutional investors.
EFX has been the subject of a number of analyst reports. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Equifax in a research note on Friday, September 8th. SunTrust Banks, Inc. raised their target price on shares of Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. Morgan Stanley raised their target price on shares of Equifax from $127.00 to $140.00 and gave the company an “equal weight” rating in a research note on Thursday, September 14th. Evercore ISI reaffirmed a “buy” rating and set a $174.00 target price on shares of Equifax in a research note on Saturday, September 9th. Finally, Wells Fargo & Company raised shares of Equifax from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $135.00 to $127.00 in a research note on Friday, September 22nd. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $128.07.
Shares of Equifax, Inc. (EFX) opened at $111.37 on Friday. Equifax, Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. The company has a market cap of $13,373.20, a P/E ratio of 18.59, a PEG ratio of 1.88 and a beta of 0.93.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The firm had revenue of $834.80 million for the quarter, compared to analysts’ expectations of $847.28 million. During the same quarter in the prior year, the company posted $1.44 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. sell-side analysts forecast that Equifax, Inc. will post 5.93 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio is currently 35.29%.
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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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