Gulf International Bank UK Ltd Sells 104 Shares of Equifax Inc. (NYSE:EFX)

Gulf International Bank UK Ltd lowered its holdings in shares of Equifax Inc. (NYSE:EFX) by 1.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 9,597 shares of the credit services provider’s stock after selling 104 shares during the period. Gulf International Bank UK Ltd’s holdings in Equifax were worth $2,445,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of EFX. Private Advisor Group LLC acquired a new stake in Equifax in the third quarter valued at $234,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Equifax by 2.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,635 shares of the credit services provider’s stock valued at $4,007,000 after buying an additional 270 shares during the last quarter. abrdn plc grew its position in shares of Equifax by 7.8% in the 3rd quarter. abrdn plc now owns 49,143 shares of the credit services provider’s stock valued at $14,436,000 after buying an additional 3,552 shares during the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of Equifax by 3.4% in the third quarter. First Trust Direct Indexing L.P. now owns 4,513 shares of the credit services provider’s stock valued at $1,326,000 after buying an additional 149 shares during the period. Finally, Stephens Inc. AR raised its position in shares of Equifax by 19.3% during the third quarter. Stephens Inc. AR now owns 1,003 shares of the credit services provider’s stock worth $295,000 after acquiring an additional 162 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Equifax Stock Performance

Shares of EFX stock opened at $245.28 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $256.14 and a two-hundred day simple moving average of $271.67. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63. The firm has a market capitalization of $30.42 billion, a PE ratio of 50.78, a price-to-earnings-growth ratio of 2.79 and a beta of 1.58.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Analysts forecast that Equifax Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Friday, February 21st. Equifax’s payout ratio is currently 32.30%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Oppenheimer reduced their target price on Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Stifel Nicolaus decreased their price objective on shares of Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Morgan Stanley lowered their target price on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Argus cut shares of Equifax from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, Barclays lowered their price objective on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Equifax currently has a consensus rating of “Moderate Buy” and an average target price of $301.13.

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.