NewEdge Wealth LLC Has $5.37 Million Holdings in Equifax Inc. (NYSE:EFX)

NewEdge Wealth LLC raised its holdings in Equifax Inc. (NYSE:EFX) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,081 shares of the credit services provider’s stock after buying an additional 681 shares during the quarter. NewEdge Wealth LLC’s holdings in Equifax were worth $5,372,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in EFX. FMR LLC lifted its stake in Equifax by 37.4% in the third quarter. FMR LLC now owns 3,233,744 shares of the credit services provider’s stock valued at $950,268,000 after buying an additional 880,162 shares during the period. Van ECK Associates Corp increased its holdings in shares of Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider’s stock valued at $412,239,000 after acquiring an additional 791,730 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Equifax by 34.2% during the third quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider’s stock valued at $251,480,000 after acquiring an additional 220,109 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Equifax by 17.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,052,213 shares of the credit services provider’s stock valued at $268,156,000 after acquiring an additional 159,332 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Equifax by 13.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 767,136 shares of the credit services provider’s stock valued at $225,431,000 after acquiring an additional 88,895 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EFX. Argus downgraded 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. Barclays decreased their price target on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a report on Friday, February 7th. JPMorgan Chase & Co. decreased their price target on Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a report on Tuesday, November 19th. Finally, Morgan Stanley decreased their price target on Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $301.13.

Equifax Stock Down 0.3 %

Shares of NYSE EFX opened at $242.90 on Friday. Equifax Inc. has a one year low of $213.02 and a one year high of $309.63. 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 business’s fifty day moving average price is $256.40 and its 200-day moving average price is $271.94. The stock has a market capitalization of $30.12 billion, a PE ratio of 50.29, a P/E/G ratio of 2.79 and a beta of 1.58.

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

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 0.64%. Equifax’s dividend payout ratio (DPR) is 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.