Arizona State Retirement System reduced its stake in shares of Equifax Inc. (NYSE:EFX) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,774 shares of the credit services provider’s stock after selling 5,071 shares during the period. Arizona State Retirement System’s holdings in Equifax were worth $2,307,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in EFX. Senator Investment Group LP grew its holdings in Equifax by 115.0% during the 3rd quarter. Senator Investment Group LP now owns 2,150,000 shares of the credit services provider’s stock worth $280,726,000 after acquiring an additional 1,150,000 shares in the last quarter. Capital World Investors grew its holdings in Equifax by 5,727.2% during the 3rd quarter. Capital World Investors now owns 932,352 shares of the credit services provider’s stock worth $121,737,000 after acquiring an additional 916,352 shares in the last quarter. USS Investment Management Ltd grew its holdings in Equifax by 128.1% during the 4th quarter. USS Investment Management Ltd now owns 1,501,187 shares of the credit services provider’s stock worth $139,813,000 after acquiring an additional 843,187 shares in the last quarter. FMR LLC grew its holdings in Equifax by 148.7% during the 3rd quarter. FMR LLC now owns 969,145 shares of the credit services provider’s stock worth $126,541,000 after acquiring an additional 579,501 shares in the last quarter. Finally, Cantillon Capital Management LLC grew its holdings in Equifax by 29.5% during the 3rd quarter. Cantillon Capital Management LLC now owns 2,405,738 shares of the credit services provider’s stock worth $314,117,000 after acquiring an additional 547,986 shares in the last quarter. 91.34% of the stock is owned by institutional investors.
NYSE EFX opened at $107.25 on Tuesday. Equifax Inc. has a one year low of $88.68 and a one year high of $138.69. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $12.89 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 2.55 and a beta of 1.20.
EFX has been the subject of several recent analyst reports. TD Securities reissued an “average” rating on shares of Equifax in a report on Monday, January 7th. SunTrust Banks decreased their price objective on shares of Equifax to $115.00 and set a “buy” rating for the company in a report on Tuesday, December 11th. They noted that the move was a valuation call. BMO Capital Markets reissued a “buy” rating on shares of Equifax in a report on Tuesday, November 13th. Deutsche Bank set a $128.00 price objective on shares of Equifax and gave the stock a “buy” rating in a report on Friday, October 26th. Finally, TheStreet lowered shares of Equifax from a “b” rating to a “c” rating in a report on Wednesday, October 24th. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. Equifax has an average rating of “Hold” and a consensus target price of $119.90.
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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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