First Hawaiian Bank increased its position in shares of Equifax Inc. (NYSE:EFX) by 923.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,812 shares of the credit services provider’s stock after purchasing an additional 1,635 shares during the period. First Hawaiian Bank’s holdings in Equifax were worth $245,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its position in shares of Equifax by 1.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 5,257 shares of the credit services provider’s stock valued at $490,000 after purchasing an additional 92 shares during the period. Nisa Investment Advisors LLC increased its holdings in Equifax by 0.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 29,161 shares of the credit services provider’s stock valued at $3,944,000 after acquiring an additional 95 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in Equifax by 1.6% in the 1st quarter. Louisiana State Employees Retirement System now owns 6,400 shares of the credit services provider’s stock valued at $758,000 after acquiring an additional 100 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in Equifax by 1.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 6,660 shares of the credit services provider’s stock valued at $967,000 after acquiring an additional 121 shares during the last quarter. Finally, DNB Asset Management AS increased its holdings in Equifax by 0.6% in the 2nd quarter. DNB Asset Management AS now owns 20,145 shares of the credit services provider’s stock valued at $2,724,000 after acquiring an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.
A number of brokerages have issued reports on EFX. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. ValuEngine raised shares of Equifax from a “hold” rating to a “buy” rating in a research note on Tuesday, May 28th. Morgan Stanley lifted their price target on shares of Equifax from $115.00 to $129.00 and gave the stock an “equal weight” rating in a research note on Friday, July 19th. Royal Bank of Canada assumed coverage on shares of Equifax in a research note on Wednesday, July 3rd. They set an “outperform” rating for the company. Finally, Barclays reaffirmed a “hold” rating and set a $125.00 price target on shares of Equifax in a research note on Monday, May 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $130.09.
EFX traded down $2.64 on Wednesday, reaching $140.12. 492,311 shares of the company traded hands, compared to its average volume of 928,125. Equifax Inc. has a one year low of $88.68 and a one year high of $144.46. The firm has a fifty day moving average price of $138.43. The firm has a market capitalization of $17.13 billion, a P/E ratio of 24.20, a P/E/G ratio of 2.89 and a beta of 1.26. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 24th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.04. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The company had revenue of $880.00 million during the quarter, compared to analyst estimates of $873.74 million. During the same quarter last year, the business posted $1.56 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. Equities research analysts expect that Equifax Inc. will post 5.61 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 23rd will be paid a dividend of $0.39 per share. The ex-dividend date is Thursday, August 22nd. This represents a $1.56 annualized dividend and a dividend yield of 1.11%. Equifax’s dividend payout ratio (DPR) is presently 26.94%.
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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