Norinchukin Bank The grew its holdings in shares of Equifax Inc. (NYSE:EFX) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,489 shares of the credit services provider’s stock after purchasing an additional 1,862 shares during the period. Norinchukin Bank The’s holdings in Equifax were worth $2,022,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the company. CIBC Asset Management Inc grew its position in Equifax by 3.8% during the 2nd quarter. CIBC Asset Management Inc now owns 11,906 shares of the credit services provider’s stock worth $1,490,000 after purchasing an additional 436 shares during the period. Homrich & Berg grew its position in shares of Equifax by 8.6% during the 2nd quarter. Homrich & Berg now owns 5,502 shares of the credit services provider’s stock valued at $688,000 after acquiring an additional 438 shares during the period. Victory Capital Management Inc. grew its position in shares of Equifax by 2.5% during the 2nd quarter. Victory Capital Management Inc. now owns 19,136 shares of the credit services provider’s stock valued at $2,394,000 after acquiring an additional 463 shares during the period. Glen Harbor Capital Management LLC grew its position in shares of Equifax by 8.5% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 6,076 shares of the credit services provider’s stock valued at $760,000 after acquiring an additional 476 shares during the period. Finally, Penserra Capital Management LLC grew its position in shares of Equifax by 16.5% during the 3rd quarter. Penserra Capital Management LLC now owns 3,496 shares of the credit services provider’s stock valued at $456,000 after acquiring an additional 494 shares during the period. Hedge funds and other institutional investors own 90.51% of the company’s stock.
EFX stock opened at $99.28 on Thursday. The company has a market cap of $12.38 billion, a PE ratio of 16.63, a PEG ratio of 2.49 and a beta of 1.11. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19. Equifax Inc. has a one year low of $90.54 and a one year high of $138.69.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 24th. The credit services provider reported $1.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by ($0.01). Equifax had a net margin of 13.07% and a return on equity of 21.48%. The firm had revenue of $834.20 million for the quarter, compared to analysts’ expectations of $857.51 million. During the same period in the previous year, the firm posted $1.53 EPS. Analysts forecast that Equifax Inc. will post 5.73 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 23rd will be issued a $0.39 dividend. The ex-dividend date is Wednesday, November 21st. This represents a $1.56 annualized dividend and a yield of 1.57%. Equifax’s dividend payout ratio (DPR) is presently 26.13%.
EFX has been the topic of a number of analyst reports. ValuEngine upgraded Equifax from a “hold” rating to a “buy” rating in a research report on Tuesday, September 11th. Morgan Stanley reaffirmed a “hold” rating and issued a $127.00 price target on shares of Equifax in a research note on Thursday, September 13th. Wells Fargo & Co raised their price target on shares of Equifax from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 1st. Bank of America began coverage on shares of Equifax in a research note on Tuesday, October 23rd. They issued an “underperform” rating and a $123.00 price target on the stock. Finally, TheStreet lowered shares of Equifax from a “b” rating to a “c” rating in a research note on Wednesday, October 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. Equifax presently has an average rating of “Hold” and a consensus target price of $128.44.
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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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