Bryce Point Capital LLC Makes New $1.51 Million Investment in Equifax Inc. (NYSE:EFX)

Bryce Point Capital LLC bought a new position in Equifax Inc. (NYSE:EFX) in the fourth quarter, HoldingsChannel.com reports. The fund bought 5,929 shares of the credit services provider’s stock, valued at approximately $1,511,000.

Several other hedge funds have also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in Equifax by 39.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock worth $2,775,000 after buying an additional 3,043 shares in the last quarter. Barclays PLC increased its stake in Equifax by 2.8% during the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after purchasing an additional 5,097 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Equifax by 11.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,585 shares of the credit services provider’s stock worth $404,000 after acquiring an additional 158 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Equifax in the fourth quarter valued at about $3,572,000. Finally, Van ECK Associates Corp boosted its position in Equifax by 95.9% during the 4th quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider’s stock worth $412,239,000 after acquiring an additional 791,730 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on EFX shares. 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. Gordon Haskett upgraded Equifax to a “strong-buy” rating in a research report on Tuesday, February 18th. Barclays reduced their target price 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. Oppenheimer lowered their price target on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Finally, Needham & Company LLC cut their price objective on shares of Equifax from $325.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 7th. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $298.56.

Equifax Stock Up 0.1 %

EFX opened at $243.89 on Wednesday. The firm’s 50 day simple moving average is $250.49 and its two-hundred day simple moving average is $262.56. The company has a market capitalization of $30.25 billion, a PE ratio of 50.50, 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 company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.

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

Equifax Announces Dividend

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

Equifax 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.