Brasada Capital Management LP Increases Holdings in Equifax Inc. (NYSE:EFX)

Brasada Capital Management LP increased its position in Equifax Inc. (NYSE:EFXFree Report) by 103.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,756 shares of the credit services provider’s stock after acquiring an additional 15,152 shares during the period. Equifax comprises about 1.3% of Brasada Capital Management LP’s investment portfolio, making the stock its 25th biggest holding. Brasada Capital Management LP’s holdings in Equifax were worth $7,525,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Capital International Investors grew its holdings in shares of Equifax by 2.5% in the first quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock worth $3,757,425,000 after acquiring an additional 342,170 shares during the period. Vanguard Group Inc. grew its holdings in shares of Equifax by 1.0% in the first quarter. Vanguard Group Inc. now owns 14,033,448 shares of the credit services provider’s stock worth $3,754,228,000 after acquiring an additional 137,961 shares during the period. Generation Investment Management LLP grew its holdings in shares of Equifax by 8.4% in the fourth quarter. Generation Investment Management LLP now owns 3,856,248 shares of the credit services provider’s stock worth $953,612,000 after acquiring an additional 298,846 shares during the period. Parnassus Investments LLC grew its holdings in shares of Equifax by 1,740.8% in the fourth quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider’s stock worth $515,817,000 after acquiring an additional 1,972,564 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Equifax by 72.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock worth $405,051,000 after acquiring an additional 633,887 shares during the period. Institutional investors own 96.20% of the company’s stock.

Equifax Trading Up 0.1 %

Shares of Equifax stock opened at $297.56 on Wednesday. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $308.54. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. The business has a 50-day moving average price of $279.02 and a 200-day moving average price of $257.41. The firm has a market cap of $36.82 billion, a price-to-earnings ratio of 66.27, a PEG ratio of 1.95 and a beta of 1.58.

Equifax (NYSE:EFXGet Free Report) last announced its quarterly earnings results on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.71 earnings per share. Equities research analysts anticipate that Equifax Inc. will post 7.33 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $1.56 annualized dividend and a yield of 0.52%. Equifax’s payout ratio is currently 34.74%.

Analysts Set New Price Targets

EFX has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Bank of America lifted their target price on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Robert W. Baird lifted their target price on Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Citigroup lifted their target price on Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, Needham & Company LLC lifted their target price on Equifax from $305.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $292.00.

Get Our Latest Stock Report on EFX

Insider Activity

In other Equifax news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the sale, the executive vice president now owns 10,875 shares in the company, valued at $3,065,118.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.57% of the company’s stock.

About Equifax

(Free Report)

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.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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