Legal & General Group Plc lifted its stake in Equifax, Inc. (NYSE:EFX) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 605,237 shares of the credit services provider’s stock after buying an additional 25,745 shares during the period. Legal & General Group Plc owned about 0.50% of Equifax worth $64,152,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. YorkBridge Wealth Partners LLC grew its position in Equifax by 5.0% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after acquiring an additional 37 shares during the last quarter. Sun Life Financial INC grew its position in Equifax by 9,722.2% during the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after acquiring an additional 875 shares during the last quarter. IFP Advisors Inc grew its position in Equifax by 24.6% during the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after acquiring an additional 183 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in Equifax during the 3rd quarter worth approximately $134,000. Finally, ETF Managers Group LLC bought a new stake in Equifax during the 2nd quarter worth approximately $137,000. 95.45% of the stock is owned by institutional investors and hedge funds.
EFX has been the topic of a number of research analyst reports. Stifel Nicolaus restated a “buy” rating and set a $149.00 price target on shares of Equifax in a research report on Friday, September 8th. Zacks Investment Research upgraded Equifax from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 14th. Royal Bank Of Canada lowered Equifax from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $109.40 to $113.00 in a research report on Monday, October 23rd. Morgan Stanley decreased their price target on Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, September 8th. Finally, Wells Fargo & Company set a $127.00 price target on Equifax and gave the stock a “buy” rating in a research report on Friday, October 6th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $128.07.
Equifax, Inc. (EFX) opened at $113.40 on Tuesday. The company has a market capitalization of $13,620.00, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 1.90 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. The firm had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company earned $1.44 EPS. equities research analysts predict that Equifax, Inc. will post 5.93 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 1.38%. Equifax’s payout ratio is 35.21%.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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