Impact Capital Partners LLC bought a new stake in shares of Equifax Inc. (NYSE:EFX – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 2,730 shares of the credit services provider’s stock, valued at approximately $696,000.
A number of other institutional investors also recently modified their holdings of the stock. Erste Asset Management GmbH acquired a new position in Equifax during the fourth quarter worth $1,744,000. Tredje AP fonden raised its holdings in Equifax by 53.2% during the fourth quarter. Tredje AP fonden now owns 29,686 shares of the credit services provider’s stock worth $7,565,000 after buying an additional 10,314 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Equifax by 81.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,408 shares of the credit services provider’s stock worth $15,650,000 after buying an additional 27,568 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Equifax by 34.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,515 shares of the credit services provider’s stock worth $641,000 after buying an additional 646 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Equifax by 0.3% during the fourth quarter. HighTower Advisors LLC now owns 58,120 shares of the credit services provider’s stock worth $14,812,000 after buying an additional 177 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price objective on the stock in a report on Monday, December 16th. Gordon Haskett upgraded shares of Equifax to a “strong-buy” rating in a research note on Tuesday, February 18th. Wells Fargo & Company reduced their target price on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. William Blair reiterated an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. Finally, Jefferies Financial Group reduced their target price on shares of Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $301.13.
Equifax Price Performance
NYSE EFX opened at $239.64 on Thursday. The company has a market cap of $29.72 billion, a PE ratio of 49.62, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. Equifax Inc. has a 52 week low of $213.02 and a 52 week high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The firm’s 50-day simple moving average is $254.17 and its two-hundred day simple moving average is $268.68.
Equifax (NYSE:EFX – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Research analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.
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.
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