Inceptionr LLC acquired a new position in shares of Equifax Inc. (NYSE:EFX – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,540 shares of the credit services provider’s stock, valued at approximately $392,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. McClarren Financial Advisors Inc. bought a new position in Equifax during the fourth quarter valued at about $25,000. Ashton Thomas Securities LLC bought a new position in Equifax during the third quarter valued at about $29,000. Central Pacific Bank Trust Division bought a new position in Equifax during the fourth quarter valued at about $35,000. Spire Wealth Management raised its holdings in Equifax by 98.7% during the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after buying an additional 75 shares in the last quarter. Finally, Pinnacle Financial Partners Inc bought a new position in Equifax during the third quarter valued at about $85,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on EFX shares. JPMorgan Chase & Co. cut their target price on Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a report on Tuesday, November 19th. UBS Group cut their target price on Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Argus lowered Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Gordon Haskett upgraded Equifax to a “strong-buy” rating in a report on Tuesday, February 18th. Finally, Barclays lowered their price target on Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $301.13.
Equifax Stock Up 3.7 %
EFX stock opened at $254.87 on Friday. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company has a market cap of $31.61 billion, a PE ratio of 52.77, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The business’s 50-day simple moving average is $254.88 and its 200 day simple moving average is $269.84. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90.
Equifax (NYSE:EFX – Get Free Report) last released its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share 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%. On average, research analysts anticipate that Equifax Inc. will post 7.58 earnings per share for the current year.
Equifax Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.
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.
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