Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Equifax, Inc. (NYSE:EFX) by 27.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,724 shares of the credit services provider’s stock after purchasing an additional 7,824 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Equifax were worth $3,892,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. grew its stake in Equifax by 7.0% in the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after purchasing an additional 653,096 shares during the period. Teachers Advisors LLC grew its stake in Equifax by 18.5% in the second quarter. Teachers Advisors LLC now owns 480,790 shares of the credit services provider’s stock worth $66,070,000 after purchasing an additional 75,144 shares during the period. Swiss National Bank grew its stake in Equifax by 3.2% in the second quarter. Swiss National Bank now owns 437,845 shares of the credit services provider’s stock worth $60,169,000 after purchasing an additional 13,500 shares during the period. Airain ltd grew its stake in Equifax by 166.0% in the second quarter. Airain ltd now owns 12,161 shares of the credit services provider’s stock worth $1,671,000 after purchasing an additional 7,590 shares during the period. Finally, Burgundy Asset Management Ltd. grew its stake in Equifax by 0.7% in the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock worth $231,339,000 after purchasing an additional 11,216 shares during the period. 87.25% of the stock is currently owned by institutional investors.
Several brokerages recently weighed in on EFX. Stifel Nicolaus reaffirmed a “buy” rating and issued a $149.00 price target on shares of Equifax in a research note on Tuesday, September 26th. Wells Fargo & Company raised Equifax from a “market perform” rating to an “outperform” rating and cut their target price for the stock from $135.00 to $127.00 in a research note on Friday, September 22nd. SunTrust Banks, Inc. increased their target price on Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. Stephens reissued a “hold” rating and issued a $110.00 target price (down from $145.00) on shares of Equifax in a research note on Thursday, September 14th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on Equifax in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $116.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $128.07.
Shares of Equifax, Inc. (NYSE:EFX) opened at $111.37 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02. The company has a market capitalization of $13,373.20, a price-to-earnings ratio of 18.59, a P/E/G ratio of 1.88 and a beta of 0.93.
Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The company had revenue of $834.80 million for the quarter, compared to analysts’ expectations of $847.28 million. During the same period last year, the firm posted $1.44 earnings per share. Equifax’s revenue was up 3.8% compared to the same quarter last year. research analysts predict that Equifax, Inc. will post 5.93 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be given a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 annualized dividend and a dividend yield of 1.40%. Equifax’s dividend payout ratio (DPR) is presently 35.29%.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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