Lourd Capital LLC Takes Position in Equifax Inc. (EFX)

Lourd Capital LLC purchased a new stake in shares of Equifax Inc. (NYSE:EFX) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 1,976 shares of the credit services provider’s stock, valued at approximately $258,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Atria Investments LLC grew its holdings in Equifax by 7.5% during the 2nd quarter. Atria Investments LLC now owns 6,216 shares of the credit services provider’s stock valued at $778,000 after purchasing an additional 436 shares in the last quarter. CIBC Asset Management Inc grew its holdings in Equifax by 3.8% during the 2nd quarter. CIBC Asset Management Inc now owns 11,906 shares of the credit services provider’s stock valued at $1,490,000 after purchasing an additional 436 shares in the last quarter. Homrich & Berg grew its holdings in Equifax by 8.6% during the 2nd quarter. Homrich & Berg now owns 5,502 shares of the credit services provider’s stock valued at $688,000 after purchasing an additional 438 shares in the last quarter. Butensky & Cohen Financial Security Inc. grew its holdings in Equifax by 4.1% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 11,375 shares of the credit services provider’s stock valued at $1,423,000 after purchasing an additional 450 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Equifax by 2.5% during the 2nd quarter. Victory Capital Management Inc. now owns 19,136 shares of the credit services provider’s stock valued at $2,394,000 after purchasing an additional 463 shares in the last quarter. 92.60% of the stock is owned by institutional investors and hedge funds.

Shares of EFX stock opened at $123.05 on Friday. The firm has a market cap of $15.72 billion, a price-to-earnings ratio of 20.11, a P/E/G ratio of 2.97 and a beta of 0.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.80. Equifax Inc. has a 1-year low of $105.31 and a 1-year high of $138.69.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 25th. The credit services provider reported $1.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.02. The company had revenue of $876.90 million during the quarter, compared to analyst estimates of $886.00 million. Equifax had a net margin of 14.76% and a return on equity of 22.03%. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $1.60 EPS. Equities analysts forecast that Equifax Inc. will post 5.85 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 24th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, August 23rd. Equifax’s dividend payout ratio is currently 26.13%.

Several brokerages have weighed in on EFX. Morgan Stanley decreased their price objective on shares of Equifax from $120.00 to $117.00 and set an “equal weight” rating for the company in a report on Thursday, July 26th. ValuEngine lowered shares of Equifax from a “hold” rating to a “sell” rating in a report on Thursday, July 26th. Wells Fargo & Co raised their price objective on shares of Equifax from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 1st. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a report on Friday, July 20th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Equifax from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, July 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $129.40.

Equifax Profile

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.

Further Reading: Risk Tolerance

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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