Capital International Investors Invests $513.94 Million in Equifax, Inc. (EFX) Stock

Capital International Investors bought a new stake in Equifax, Inc. (NYSE:EFX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,848,946 shares of the credit services provider’s stock, valued at approximately $513,940,000. Capital International Investors owned approximately 4.04% of Equifax as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Flagship Harbor Advisors LLC lifted its stake in Equifax by 0.3% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock valued at $424,000 after buying an additional 8 shares in the last quarter. Brighton Jones LLC lifted its stake in Equifax by 0.3% in the 2nd quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after buying an additional 8 shares in the last quarter. Sawtooth Solutions LLC lifted its stake in Equifax by 0.6% in the 2nd quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock valued at $245,000 after buying an additional 11 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its stake in Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock valued at $108,000 after buying an additional 37 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Equifax by 0.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,931 shares of the credit services provider’s stock worth $1,227,000 after purchasing an additional 37 shares during the period. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have weighed in on EFX. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a research note on Friday, September 8th. Wells Fargo & Company raised Equifax from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $135.00 to $127.00 in a research note on Friday, September 22nd. SunTrust Banks reissued a “buy” rating and set a $110.00 price target on shares of Equifax in a research note on Tuesday, September 26th. Morgan Stanley increased their price target on Equifax from $127.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 14th. Finally, Evercore ISI reissued an “outperform” rating and set a $110.00 price target on shares of Equifax in a research note on Tuesday, September 26th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $128.07.

Equifax, Inc. (EFX) traded up $0.57 during mid-day trading on Friday, hitting $117.40. The stock had a trading volume of 1,140,646 shares, compared to its average volume of 1,107,023. The firm has a market cap of $14,097.28, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 1.98 and a beta of 0.94. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a 1-year low of $89.59 and a 1-year high of $147.02.

Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 EPS 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 return on equity of 24.45% and a net margin of 16.18%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.44 EPS. equities analysts forecast that Equifax, Inc. will post 5.93 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.33%. Equifax’s payout ratio is 35.29%.

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Equifax Profile

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.

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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