Lindbrook Capital LLC cut its stake in shares of Equifax Inc. (NYSE:EFX – Free Report) by 17.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 478 shares of the credit services provider’s stock after selling 99 shares during the period. Lindbrook Capital LLC’s holdings in Equifax were worth $122,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. acquired a new stake in Equifax in the fourth quarter valued at approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in Equifax in the third quarter valued at approximately $29,000. Central Pacific Bank Trust Division acquired a new stake in Equifax in the fourth quarter valued at approximately $35,000. Spire Wealth Management lifted its stake in Equifax by 98.7% in the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after acquiring an additional 75 shares during the last quarter. Finally, Pinnacle Financial Partners Inc acquired a new stake in Equifax in the third quarter valued at approximately $85,000. 96.20% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms have issued reports on EFX. Barclays reduced their target price on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Gordon Haskett upgraded shares of Equifax to a “strong-buy” rating in a research note on Tuesday, February 18th. William Blair reiterated an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. Wells Fargo & Company reduced their price objective on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, UBS Group reduced their price objective on shares of Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $301.13.
Equifax Trading Up 3.7 %
Shares of EFX stock opened at $254.87 on Friday. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The firm’s fifty day simple moving average is $254.91 and its 200 day simple moving average is $270.31. The firm has a market capitalization of $31.61 billion, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 2.79 and a beta of 1.58. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.
Equifax (NYSE:EFX – Get Free Report) last announced its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. As a group, sell-side analysts predict that Equifax Inc. will post 7.58 EPS for the current year.
Equifax Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is currently 32.30%.
About Equifax
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
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