Nisa Investment Advisors LLC grew its holdings in Equifax Inc. (NYSE:EFX) by 0.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,161 shares of the credit services provider’s stock after acquiring an additional 95 shares during the period. Nisa Investment Advisors LLC’s holdings in Equifax were worth $3,944,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of EFX. Ellis Investment Partners LLC bought a new stake in Equifax in the first quarter worth approximately $36,000. Parallel Advisors LLC grew its position in Equifax by 139.0% in the first quarter. Parallel Advisors LLC now owns 380 shares of the credit services provider’s stock worth $45,000 after acquiring an additional 221 shares in the last quarter. Trustcore Financial Services LLC bought a new stake in Equifax in the first quarter worth approximately $54,000. Quadrant Capital Group LLC grew its position in Equifax by 944.6% in the first quarter. Quadrant Capital Group LLC now owns 585 shares of the credit services provider’s stock worth $67,000 after acquiring an additional 529 shares in the last quarter. Finally, Truvestments Capital LLC bought a new stake in Equifax in the first quarter worth approximately $76,000. 94.17% of the stock is owned by institutional investors.
Several analysts have commented on EFX shares. Stephens boosted their target price on shares of Equifax from $130.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. Royal Bank of Canada started coverage on shares of Equifax in a report on Wednesday, July 3rd. They set an “outperform” rating for the company. Deutsche Bank upped their price objective on shares of Equifax from $110.00 to $136.00 and gave the stock a “hold” rating in a report on Tuesday, July 2nd. ValuEngine raised shares of Equifax from a “hold” rating to a “buy” rating in a report on Tuesday, May 28th. Finally, Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $130.09.
NYSE EFX opened at $140.12 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09. The business’s fifty day moving average price is $138.43. The company has a market cap of $16.91 billion, a P/E ratio of 25.95, a P/E/G ratio of 2.86 and a beta of 1.26. Equifax Inc. has a 1 year low of $88.68 and a 1 year high of $144.46.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, July 24th. The credit services provider reported $1.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.36 by $0.04. The firm had revenue of $880.00 million during the quarter, compared to analysts’ expectations of $873.74 million. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.56 EPS. As a group, sell-side analysts anticipate that Equifax Inc. will post 5.61 earnings per share for the current fiscal year.
The business also recently announced 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. This represents a $1.56 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Thursday, August 22nd. Equifax’s payout ratio is currently 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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