NuWave Investment Management LLC grew its position in shares of Equifax Inc. (NYSE:EFX) by 1,151.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,756 shares of the credit services provider’s stock after purchasing an additional 6,216 shares during the period. Equifax makes up about 1.1% of NuWave Investment Management LLC’s holdings, making the stock its 18th largest holding. NuWave Investment Management LLC’s holdings in Equifax were worth $629,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the company. Landsberg Bennett & Dubbaneh LLC purchased a new stake in shares of Equifax during the fourth quarter worth about $389,000. Butensky & Cohen Financial Security Inc. increased its holdings in Equifax by 12.6% during the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 12,935 shares of the credit services provider’s stock worth $1,205,000 after buying an additional 1,445 shares during the last quarter. Ipswich Investment Management Co. Inc. acquired a new stake in shares of Equifax during the 4th quarter worth approximately $75,000. DNB Asset Management AS lifted its position in Equifax by 25.8% in the 4th quarter. DNB Asset Management AS now owns 19,553 shares of the credit services provider’s stock worth $1,821,000 after buying an additional 4,012 shares during the last quarter. Finally, CX Institutional bought a new position in shares of Equifax in the fourth quarter worth about $373,000. 91.34% of the stock is owned by institutional investors and hedge funds.
Shares of Equifax stock opened at $108.50 on Thursday. Equifax Inc. has a 1 year low of $88.68 and a 1 year high of $138.69. The company has a market cap of $13.07 billion, a P/E ratio of 18.17, a P/E/G ratio of 2.55 and a beta of 1.20. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19.
Several research firms recently commented on EFX. TD Securities reissued an “average” rating on shares of Equifax in a research note on Monday, January 7th. SunTrust Banks cut their target price on shares of Equifax to $115.00 and set a “buy” rating for the company in a research 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 target price on Equifax and gave the company a “buy” rating in a report on Friday, October 26th. Finally, TheStreet lowered Equifax from a “b” rating to a “c” rating in a research report on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average 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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