Trust Co. of Virginia VA acquired a new stake in shares of Equifax Inc. (NYSE:EFX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,600 shares of the credit services provider’s stock, valued at approximately $275,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Pacer Advisors Inc. raised its position in shares of Equifax by 4.2% in the first quarter. Pacer Advisors Inc. now owns 1,914 shares of the credit services provider’s stock worth $245,000 after buying an additional 78 shares in the last quarter. Synovus Financial Corp grew its position in Equifax by 1.2% in the 1st quarter. Synovus Financial Corp now owns 6,882 shares of the credit services provider’s stock worth $822,000 after purchasing an additional 79 shares during the period. Fifth Third Bancorp grew its position in shares of Equifax by 10.2% during the 1st quarter. Fifth Third Bancorp now owns 948 shares of the credit services provider’s stock valued at $113,000 after acquiring an additional 88 shares during the period. Osborn Williams & Donohoe LLC grew its position in shares of Equifax by 4.2% during the 1st quarter. Osborn Williams & Donohoe LLC now owns 2,500 shares of the credit services provider’s stock valued at $296,000 after acquiring an additional 100 shares during the period. Finally, Heritage Way Advisors LLC grew its position in shares of Equifax by 0.7% during the 2nd quarter. Heritage Way Advisors LLC now owns 16,306 shares of the credit services provider’s stock valued at $2,803,000 after acquiring an additional 106 shares during the period. 94.96% of the stock is owned by institutional investors and hedge funds.
NYSE:EFX opened at $162.56 on Friday. Equifax Inc. has a fifty-two week low of $103.01 and a fifty-two week high of $181.76. The stock has a market cap of $19.85 billion, a PE ratio of 66.90, a price-to-earnings-growth ratio of 4.97 and a beta of 1.21. The stock’s 50-day moving average is $167.80 and its two-hundred day moving average is $149.81. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.27 and a quick ratio of 1.27.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, July 22nd. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.30. Equifax had a return on equity of 28.46% and a net margin of 8.03%. The business had revenue of $982.80 million for the quarter, compared to analyst estimates of $923.62 million. During the same quarter in the prior year, the firm posted $1.40 earnings per share. On average, equities research analysts anticipate that Equifax Inc. will post 5.68 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, August 25th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.96%. Equifax’s payout ratio is presently 27.76%.
In related news, insider Prasanna Dhore sold 610 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $164.69, for a total transaction of $100,460.90. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider John J. Kelley III sold 12,500 shares of Equifax stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $148.32, for a total value of $1,854,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,618 shares of company stock valued at $6,157,414. Corporate insiders own 0.87% of the company’s stock.
A number of equities research analysts have recently issued reports on EFX shares. BNP Paribas downgraded shares of Equifax from an “outperform” rating to a “neutral” rating and set a $175.00 price objective for the company. in a research report on Friday, July 10th. Stephens reissued a “hold” rating and set a $166.00 price objective on shares of Equifax in a research report on Tuesday, April 21st. Atlantic Securities cut shares of Equifax from an “overweight” rating to a “neutral” rating and set a $151.00 target price on the stock. in a research note on Friday, May 15th. Stifel Nicolaus lifted their target price on shares of Equifax from $162.00 to $180.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Finally, Exane BNP Paribas cut shares of Equifax from an “outperform” rating to a “neutral” rating in a research note on Friday, July 10th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $165.81.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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