Paloma Partners Management Co purchased a new position in shares of Equifax Inc. (NYSE:EFX) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,497 shares of the credit services provider’s stock, valued at approximately $979,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Enterprise Financial Services Corp acquired a new stake in shares of Equifax during the 3rd quarter worth about $114,000. Qube Research & Technologies Ltd grew its position in shares of Equifax by 1,375.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,151 shares of the credit services provider’s stock worth $144,000 after buying an additional 1,073 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of Equifax during the 2nd quarter worth approximately $158,000. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Equifax by 105.6% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,431 shares of the credit services provider’s stock worth $187,000 after buying an additional 735 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in shares of Equifax during the 2nd quarter worth approximately $201,000. 90.50% of the stock is owned by institutional investors and hedge funds.
EFX traded up $0.66 during trading on Thursday, reaching $96.66. 1,185,500 shares of the stock were exchanged, compared to its average volume of 937,714. Equifax Inc. has a twelve month low of $88.68 and a twelve month high of $138.69. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 2.24 and a beta of 1.10. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81.
Equifax (NYSE:EFX) last released its quarterly earnings data 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). The company had revenue of $834.20 million during the quarter, compared to analyst estimates of $857.51 million. Equifax had a net margin of 13.07% and a return on equity of 21.48%. During the same quarter in the prior year, the firm earned $1.53 earnings per share. As a group, research analysts forecast that Equifax Inc. will post 5.73 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 14th. Investors of record on Friday, November 23rd were given a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 21st. This represents a $1.56 annualized dividend and a yield of 1.61%. Equifax’s dividend payout ratio is 26.13%.
EFX has been the subject of several analyst reports. Zacks Investment Research reiterated a “sell” rating on shares of Equifax in a research report on Tuesday, November 13th. Bank of America started coverage on shares of Equifax in a research note on Tuesday, October 23rd. They set an “underperform” rating and a $123.00 price objective on the stock. Robert W. Baird reduced their price objective on shares of Equifax from $115.00 to $109.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 19th. Morgan Stanley set a $126.00 price target on shares of Equifax and gave the company a “hold” rating in a research note on Monday, October 15th. Finally, SunTrust Banks cut their price target on shares of Equifax to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, December 11th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $121.70.
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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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