Utah Retirement Systems grew its holdings in Equifax Inc. (NYSE:EFX) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,326 shares of the credit services provider’s stock after purchasing an additional 100 shares during the quarter. Utah Retirement Systems’ holdings in Equifax were worth $2,079,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of EFX. Oppenheimer Asset Management Inc. acquired a new position in Equifax in the fourth quarter valued at about $34,000. Exane Asset Management acquired a new position in Equifax during the fourth quarter worth about $41,000. Doyle Wealth Management acquired a new position in Equifax during the fourth quarter worth about $53,000. Rational Advisors LLC raised its stake in Equifax by 1,172.7% during the fourth quarter. Rational Advisors LLC now owns 700 shares of the credit services provider’s stock worth $65,000 after acquiring an additional 645 shares in the last quarter. Finally, Ipswich Investment Management Co. Inc. acquired a new position in Equifax during the fourth quarter worth about $75,000. 93.39% of the stock is currently owned by institutional investors.
Several research firms have recently issued reports on EFX. Morgan Stanley set a $103.00 price objective on Equifax and gave the company a “hold” rating in a research note on Friday, February 22nd. SunTrust Banks reiterated a “buy” rating and issued a $125.00 target price on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Robert W. Baird restated a “buy” rating and set a $119.00 price target on shares of Equifax in a report on Friday, February 22nd. Credit Suisse Group increased their price target on Equifax from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, February 22nd. Finally, Zacks Investment Research upgraded Equifax from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $122.44.
Shares of NYSE EFX opened at $110.32 on Friday. The stock has a market capitalization of $13.47 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 2.30 and a beta of 1.23. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. Equifax Inc. has a 52 week low of $88.68 and a 52 week high of $138.69.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.06. The firm had revenue of $835.30 million during the quarter, compared to the consensus estimate of $841.49 million. Equifax had a return on equity of 21.58% and a net margin of 8.78%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the company posted $1.39 EPS. On average, equities analysts forecast that Equifax Inc. will post 5.67 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Tuesday, March 12th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.41%. Equifax’s dividend payout ratio is 26.94%.
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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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