Equifax Inc. (NYSE:EFX) Shares Acquired by LGT Group Foundation

LGT Group Foundation grew its stake in Equifax Inc. (NYSE:EFX) by 1,617.5% during the 4th quarter, Holdings Channel reports. The firm owned 76,928 shares of the credit services provider’s stock after purchasing an additional 72,449 shares during the quarter. LGT Group Foundation’s holdings in Equifax were worth $19,605,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new stake in shares of Equifax in the fourth quarter valued at about $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of Equifax in the third quarter valued at about $29,000. Central Pacific Bank Trust Division acquired a new stake in shares of Equifax in the fourth quarter valued at about $35,000. Spire Wealth Management grew its position in shares of 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 purchasing an additional 75 shares during the period. Finally, Intact Investment Management Inc. acquired a new stake in shares of Equifax in the third quarter valued at about $73,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Equifax Price Performance

Shares of EFX stock opened at $245.28 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The firm’s 50-day moving average is $256.14 and its two-hundred day moving average is $271.35. Equifax Inc. has a 12 month low of $213.02 and a 12 month high of $309.63. The company has a market capitalization of $30.42 billion, a PE ratio of 50.78, a price-to-earnings-growth ratio of 2.79 and a beta of 1.58.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, hitting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a $0.39 dividend. The ex-dividend date is Friday, February 21st. This represents a $1.56 annualized dividend and a dividend yield of 0.64%. Equifax’s dividend payout ratio is currently 32.30%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EFX. William Blair reiterated an “outperform” rating on shares of Equifax in a research report on Friday, February 7th. Oppenheimer decreased their price target on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. BNP Paribas raised shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price target on the stock in a research note on Monday, December 16th. Finally, Barclays decreased their price target on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $301.13.

Equifax Company Profile

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.