Equifax, Inc. (EFX) Short Interest Update

Equifax, Inc. (NYSE:EFX) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 3,796,542 shares, a decline of 50.5% from the October 13th total of 7,671,290 shares. Currently, 3.2% of the company’s shares are sold short. Based on an average trading volume of 1,877,703 shares, the short-interest ratio is currently 2.0 days.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Equifax by 3.2% during the second quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock worth $1,621,809,000 after buying an additional 368,255 shares during the last quarter. BlackRock Inc. increased its position in Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after buying an additional 653,096 shares during the last quarter. FMR LLC increased its position in Equifax by 5.8% during the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock worth $830,912,000 after buying an additional 329,481 shares during the last quarter. Capital International Investors acquired a new position in Equifax during the third quarter worth approximately $513,940,000. Finally, Janus Henderson Group PLC increased its position in Equifax by 11,042.5% during the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock worth $237,735,000 after buying an additional 1,714,466 shares during the last quarter. 82.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Equifax (NYSE EFX) opened at $110.91 on Tuesday. Equifax has a twelve month low of $89.59 and a twelve month high of $147.02. The stock has a market capitalization of $13,370.00, a PE ratio of 18.59, a P/E/G ratio of 1.88 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 (NYSE:EFX) last announced its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. The firm had revenue of $834.80 million for the quarter, compared to the consensus estimate of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.44 earnings per share. analysts expect that Equifax will post 5.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Wednesday, November 22nd. Equifax’s dividend payout ratio (DPR) is presently 35.21%.

EFX has been the topic of a number of research reports. Robert W. Baird restated a “buy” rating and issued a $141.00 price target on shares of Equifax in a report on Tuesday, September 12th. Royal Bank Of Canada cut their price target on Equifax from $154.00 to $113.00 and set an “outperform” rating on the stock in a report on Tuesday, September 19th. Evercore ISI restated an “outperform” rating and issued a $110.00 price target (down from $174.00) on shares of Equifax in a report on Saturday, September 16th. Morgan Stanley cut their price target on Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, September 8th. Finally, SunTrust Banks, Inc. boosted their price target on Equifax from $110.00 to $155.00 in a report on Friday, September 15th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $128.07.

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About Equifax

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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