Daiwa Securities Group Inc. lessened its stake in Equifax Inc. (NYSE:EFX) by 9.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,641 shares of the credit services provider’s stock after selling 500 shares during the period. Daiwa Securities Group Inc.’s holdings in Equifax were worth $432,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Exane Asset Management acquired a new position in shares of Equifax in the 4th quarter worth approximately $41,000. Cantillon Capital Management LLC increased its position in shares of Equifax by 0.7% in the fourth quarter. Cantillon Capital Management LLC now owns 2,421,681 shares of the credit services provider’s stock worth $225,531,000 after acquiring an additional 15,943 shares in the last quarter. Regal Investment Advisors LLC purchased a new position in shares of Equifax in the fourth quarter worth approximately $1,662,000. Securian Asset Management Inc increased its position in shares of Equifax by 1.2% in the fourth quarter. Securian Asset Management Inc now owns 12,338 shares of the credit services provider’s stock worth $1,149,000 after acquiring an additional 142 shares in the last quarter. Finally, TD Asset Management Inc. increased its position in shares of Equifax by 55.2% in the fourth quarter. TD Asset Management Inc. now owns 106,130 shares of the credit services provider’s stock worth $9,884,000 after acquiring an additional 37,739 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Several research firms have recently weighed in on EFX. Morgan Stanley set a $103.00 target price on shares of Equifax and gave the stock a “hold” rating in a research report on Friday, February 22nd. SunTrust Banks restated a “buy” rating and set a $125.00 price target on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. Credit Suisse Group lifted their target price on shares of Equifax from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, February 22nd. Finally, Robert W. Baird restated a “buy” rating and issued a $119.00 price objective on shares of Equifax in a research note on Friday, February 22nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. Equifax presently has an average rating of “Hold” and an average price target of $122.44.
Shares of EFX traded down $1.25 during trading hours on Thursday, hitting $110.32. The stock had a trading volume of 668,200 shares, compared to its average volume of 1,135,156. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. Equifax Inc. has a 52 week low of $88.68 and a 52 week high of $138.69. The firm has a market cap of $13.47 billion, a price-to-earnings ratio of 19.05, a PEG ratio of 2.30 and a beta of 1.23.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.32 by $0.06. The business had revenue of $835.30 million for the quarter, compared to the consensus estimate of $841.49 million. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. As a group, sell-side analysts anticipate that Equifax Inc. will post 5.67 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Tuesday, March 12th will be given a dividend of $0.39 per share. The ex-dividend date is Monday, March 11th. This represents a $1.56 annualized dividend and a yield of 1.41%. Equifax’s dividend payout ratio (DPR) is 26.94%.
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Equifax Company Profile
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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