EntryPoint Capital LLC Makes New Investment in Equifax Inc. (NYSE:EFX)

EntryPoint Capital LLC bought a new stake in Equifax Inc. (NYSE:EFX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,702 shares of the credit services provider’s stock, valued at approximately $434,000.

Several other hedge funds also recently made changes to their positions in EFX. Greenleaf Trust lifted its holdings in shares of Equifax by 2.2% during the fourth quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider’s stock valued at $434,000 after purchasing an additional 37 shares during the last quarter. Inspire Investing LLC increased its position in Equifax by 4.2% during the 4th quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider’s stock valued at $258,000 after buying an additional 41 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in Equifax by 5.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 817 shares of the credit services provider’s stock valued at $208,000 after buying an additional 43 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in Equifax by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 879 shares of the credit services provider’s stock worth $224,000 after acquiring an additional 45 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in shares of Equifax by 6.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 799 shares of the credit services provider’s stock worth $204,000 after acquiring an additional 46 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Equifax Trading Down 0.8 %

Shares of EFX stock opened at $243.48 on Wednesday. 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 company has a market cap of $30.20 billion, a price-to-earnings ratio of 50.41, a PEG ratio of 2.79 and a beta of 1.65. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The firm has a fifty day moving average price of $252.74 and a 200-day moving average price of $264.56.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, equities analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend was Friday, February 21st. Equifax’s dividend payout ratio is currently 32.30%.

Analyst Ratings Changes

Several analysts recently commented on EFX shares. William Blair reissued an “outperform” rating on shares of Equifax in a research report on Friday, February 7th. Barclays reduced their price target on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Stifel Nicolaus lowered their price objective on Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Needham & Company LLC reduced their target price on Equifax from $325.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 7th. Finally, Royal Bank of Canada raised Equifax from a “sector perform” rating to an “outperform” rating and set a $300.00 price target on the stock in a report on Thursday, March 20th. Four 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $298.56.

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.