Intech Investment Management LLC cut its holdings in Equifax Inc. (NYSE:EFX – Free Report) by 17.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,673 shares of the credit services provider’s stock after selling 1,188 shares during the quarter. Intech Investment Management LLC’s holdings in Equifax were worth $1,446,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of EFX. Oppenheimer & Co. Inc. increased its stake in Equifax by 22.9% in the third quarter. Oppenheimer & Co. Inc. now owns 1,305 shares of the credit services provider’s stock valued at $383,000 after purchasing an additional 243 shares during the period. OneDigital Investment Advisors LLC acquired a new position in Equifax in the third quarter valued at $305,000. Empowered Funds LLC increased its stake in Equifax by 18.5% in the third quarter. Empowered Funds LLC now owns 2,149 shares of the credit services provider’s stock valued at $632,000 after purchasing an additional 335 shares during the period. Thrivent Financial for Lutherans increased its stake in Equifax by 22.3% in the third quarter. Thrivent Financial for Lutherans now owns 6,097 shares of the credit services provider’s stock valued at $1,792,000 after purchasing an additional 1,110 shares during the period. Finally, Quest Partners LLC acquired a new position in Equifax in the third quarter valued at $786,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Equifax Stock Up 0.3 %
Shares of NYSE EFX opened at $244.06 on Friday. Equifax Inc. has a 12-month low of $213.02 and a 12-month high of $309.63. The company has a market capitalization of $30.27 billion, a PE ratio of 50.53, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The firm’s 50-day moving average is $252.95 and its two-hundred day moving average is $265.78.
Equifax Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date was Friday, February 21st. Equifax’s dividend payout ratio is presently 32.30%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Morgan Stanley lowered their target price on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Wells Fargo & Company lowered their target price on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. UBS Group lowered their target price on shares of Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Finally, Gordon Haskett raised shares of Equifax to a “strong-buy” rating in a report on Tuesday, February 18th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Equifax presently has an average rating of “Moderate Buy” and a consensus target price of $298.56.
Equifax Company Profile
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.
Further Reading
- Five stocks we like better than Equifax
- 3 Monster Growth Stocks to Buy Now
- FedEx Delivers Another Crushing Blow to Its Stock Price
- 3 Healthcare Dividend Stocks to Buy
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- What Are Dividend Challengers?
- Micron Stock Will Retest All-Time Highs This Year
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.