ING Groep NV bought a new position in shares of Equifax (NYSE:EFX) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,837 shares of the credit services provider’s stock, valued at approximately $334,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. acquired a new stake in Equifax in the fourth quarter valued at about $101,000. Truewealth LLC acquired a new stake in Equifax in the fourth quarter valued at about $164,000. Massey Quick Simon & CO. LLC boosted its stake in Equifax by 9,375.0% in the first quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock valued at $179,000 after buying an additional 1,500 shares in the last quarter. Pinnacle Financial Partners Inc. acquired a new stake in Equifax in the fourth quarter valued at about $201,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Equifax in the fourth quarter valued at about $203,000. 86.81% of the stock is currently owned by institutional investors.
Equifax stock opened at $116.49 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 2.42 and a beta of 0.94. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last posted its earnings results on Wednesday, April 25th. The credit services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.37 by $0.06. The firm had revenue of $865.70 million during the quarter, compared to the consensus estimate of $854.89 million. Equifax had a return on equity of 22.55% and a net margin of 15.46%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the company earned $1.44 earnings per share. research analysts anticipate that Equifax will post 5.94 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Stockholders of record on Friday, May 25th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, May 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.34%. Equifax’s dividend payout ratio (DPR) is 26.13%.
Several analysts recently weighed in on the company. Royal Bank of Canada reduced their price objective on Equifax to $121.00 and set a “sector perform” rating on the stock in a research note on Monday, March 5th. SunTrust Banks raised their price objective on Equifax to $140.00 and gave the company a “buy” rating in a research note on Monday, March 5th. Barclays reduced their price objective on Equifax from $120.00 to $128.00 and set an “equal weight” rating on the stock in a research note on Monday, March 5th. Bank of America assumed coverage on Equifax in a research note on Tuesday, April 10th. They issued an “underperform” rating and a $115.00 price objective on the stock. Finally, Morgan Stanley raised their price objective on Equifax from $119.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, April 27th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. Equifax has a consensus rating of “Hold” and an average target price of $127.40.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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