Keybank National Association OH reduced its position in Equifax, Inc. (NYSE:EFX) by 57.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,849 shares of the credit services provider’s stock after selling 3,785 shares during the quarter. Keybank National Association OH’s holdings in Equifax were worth $302,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Equifax by 3.2% in 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 purchasing an additional 368,255 shares during the last quarter. BlackRock Inc. grew its holdings in Equifax by 7.0% in the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after purchasing an additional 653,096 shares during the last quarter. FMR LLC grew its holdings in Equifax by 5.8% in the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock worth $830,912,000 after purchasing an additional 329,481 shares during the last quarter. Janus Henderson Group PLC grew its holdings in Equifax by 11,042.5% in 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 purchasing an additional 1,714,466 shares during the last quarter. Finally, Burgundy Asset Management Ltd. grew its holdings in Equifax by 0.7% in the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock worth $231,339,000 after purchasing an additional 11,216 shares during the last quarter. 95.45% of the stock is currently owned by institutional investors and hedge funds.
EFX has been the topic of several analyst reports. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Equifax in a report on Friday, September 8th. SunTrust Banks boosted their price objective on shares of Equifax from $110.00 to $155.00 in a report on Friday, September 15th. Morgan Stanley boosted their price objective on shares of Equifax from $127.00 to $140.00 and gave the company an “equal weight” rating in a report on Thursday, September 14th. Evercore ISI reissued a “buy” rating and set a $174.00 price objective on shares of Equifax in a report on Saturday, September 9th. Finally, Wells Fargo & Company raised shares of Equifax from a “market perform” rating to an “outperform” rating and dropped their price objective for the company from $135.00 to $127.00 in a report on Friday, September 22nd. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Equifax has a consensus rating of “Buy” and an average price target of $128.07.
Equifax, Inc. (NYSE EFX) traded up $0.47 during trading hours on Monday, reaching $113.40. 1,307,454 shares of the company’s stock traded hands, compared to its average volume of 1,598,240. Equifax, Inc. has a one year low of $89.59 and a one year high of $147.02. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $13,560.57, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 1.90 and a beta of 0.94.
Equifax (NYSE:EFX) last issued its quarterly earnings data 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 business had revenue of $834.80 million during the quarter, compared to the consensus estimate of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. research analysts predict that Equifax, Inc. will post 5.93 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a $0.39 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.38%. Equifax’s dividend payout ratio (DPR) is currently 35.29%.
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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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