Wells Fargo & Company MN Grows Holdings in Equifax Inc. (NYSE:EFX)

Wells Fargo & Company MN grew its holdings in shares of Equifax Inc. (NYSE:EFX) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 555,733 shares of the credit services provider’s stock after acquiring an additional 18,186 shares during the period. Wells Fargo & Company MN’s holdings in Equifax were worth $141,628,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. McClarren Financial Advisors Inc. purchased a new position in shares of Equifax during the 4th quarter valued at approximately $25,000. Central Pacific Bank Trust Division acquired a new stake in Equifax in the fourth quarter valued at $35,000. Spire Wealth Management boosted its stake in Equifax by 98.7% during the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after acquiring an additional 75 shares during the last quarter. Generali Asset Management SPA SGR acquired a new position in Equifax during the 4th quarter worth $39,000. Finally, Atala Financial Inc bought a new stake in shares of Equifax in the 4th quarter worth about $49,000. 96.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EFX has been the subject of a number of research reports. Stifel Nicolaus decreased their price target on Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Oppenheimer dropped their price target on Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company decreased their price objective on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Needham & Company LLC lowered their target price on shares of Equifax from $325.00 to $300.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Finally, Royal Bank of Canada upgraded shares of Equifax from a “sector perform” rating to an “outperform” rating and set a $300.00 price target on the stock in a research report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $294.50.

Equifax Price Performance

Shares of NYSE EFX opened at $210.30 on Monday. The stock has a market cap of $26.25 billion, a P/E ratio of 43.54, a P/E/G ratio of 2.79 and a beta of 1.65. The firm’s 50-day simple moving average is $248.10 and its 200 day simple moving average is $261.08. Equifax Inc. has a fifty-two week low of $209.89 and a fifty-two 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.

Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Equities analysts expect that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend was Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.

About Equifax

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.