Skandinaviska Enskilda Banken AB publ reduced its position in Equifax Inc. (NYSE:EFX – Free Report) by 38.0% in the 3rd quarter, Holdings Channel reports. The firm owned 23,638 shares of the credit services provider’s stock after selling 14,515 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Equifax were worth $4,330,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its position in Equifax by 29.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,516 shares of the credit services provider’s stock valued at $834,000 after acquiring an additional 801 shares during the period. American Century Companies Inc. increased its position in Equifax by 9.9% in the 1st quarter. American Century Companies Inc. now owns 4,944 shares of the credit services provider’s stock valued at $1,172,000 after acquiring an additional 444 shares during the period. Private Advisor Group LLC increased its position in Equifax by 14.1% in the 1st quarter. Private Advisor Group LLC now owns 1,830 shares of the credit services provider’s stock valued at $434,000 after acquiring an additional 226 shares during the period. Dimensional Fund Advisors LP increased its position in Equifax by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 439,028 shares of the credit services provider’s stock valued at $104,100,000 after acquiring an additional 8,662 shares during the period. Finally, Sei Investments Co. increased its position in Equifax by 0.8% in the 1st quarter. Sei Investments Co. now owns 17,409 shares of the credit services provider’s stock valued at $4,141,000 after acquiring an additional 134 shares during the period. 98.37% of the stock is owned by hedge funds and other institutional investors.
Equifax Trading Up 2.6 %
Equifax stock opened at $255.75 on Tuesday. The stock has a market cap of $31.51 billion, a PE ratio of 58.13, a P/E/G ratio of 2.35 and a beta of 1.50. The stock has a 50-day moving average price of $243.32 and a 200 day moving average price of $210.39. Equifax Inc. has a 52 week low of $159.95 and a 52 week high of $256.21. The company has a current ratio of 0.67, a quick ratio of 1.01 and a debt-to-equity ratio of 1.04.
Equifax Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, February 23rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Thursday, February 22nd. Equifax’s dividend payout ratio (DPR) is 35.45%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Oppenheimer assumed coverage on Equifax in a research report on Tuesday, December 19th. They issued an “outperform” rating and a $273.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and set a $305.00 target price on shares of Equifax in a research report on Friday. Wells Fargo & Company upgraded Equifax from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $200.00 to $290.00 in a research report on Friday, December 15th. Stifel Nicolaus boosted their target price on Equifax from $208.00 to $289.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Finally, Truist Financial boosted their target price on Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday. Four research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $264.22.
Equifax Company Profile
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
- Five stocks we like better than Equifax
- Manufacturing Stocks Investing
- Coherent gains from the AI chip boom
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Krispy Kreme stock could take you by surprise this week
- Your Comprehensive Guide to Investing in Bank Stocks
- Under Armour’s turnaround gains traction on raised EPS forecast
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.