Xact Kapitalforvaltning AB increased its position in Equifax, Inc. (NYSE:EFX) by 2.7% during the second quarter, Holdings Channel reports. The institutional investor owned 20,951 shares of the credit services provider’s stock after buying an additional 546 shares during the period. Xact Kapitalforvaltning AB’s holdings in Equifax were worth $2,879,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of EFX. YorkBridge Wealth Partners LLC boosted its stake in Equifax by 23.8% in the first quarter. YorkBridge Wealth Partners LLC now owns 744 shares of the credit services provider’s stock worth $102,000 after buying an additional 143 shares in the last quarter. IFP Advisors Inc boosted its stake in Equifax by 9.4% in the first quarter. IFP Advisors Inc now owns 745 shares of the credit services provider’s stock worth $102,000 after buying an additional 64 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in Equifax during the first quarter worth approximately $202,000. Edgewood Management LLC acquired a new stake in Equifax during the first quarter worth approximately $205,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in Equifax during the first quarter worth approximately $205,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.
Shares of Equifax, Inc. (EFX) opened at 138.37 on Monday. The stock has a 50 day moving average price of $137.74 and a 200 day moving average price of $130.75. Equifax, Inc. has a one year low of $110.87 and a one year high of $144.01. The company has a market capitalization of $16.63 billion, a PE ratio of 31.09 and a beta of 0.90.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, April 26th. The credit services provider reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.03. Equifax had a net margin of 16.62% and a return on equity of 25.20%. The firm had revenue of $832.20 million during the quarter, compared to the consensus estimate of $825.14 million. During the same quarter in the prior year, the firm earned $1.23 EPS. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, equities research analysts predict that Equifax, Inc. will post $6.06 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, May 25th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, May 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.13%. Equifax’s dividend payout ratio (DPR) is presently 35.14%.
A number of equities research analysts have commented on the company. BidaskClub cut Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Argus assumed coverage on Equifax in a report on Tuesday, June 13th. They set a “buy” rating and a $166.00 price target on the stock. Royal Bank of Canada reissued a “buy” rating and set a $144.00 price target on shares of Equifax in a report on Thursday, March 30th. Atlantic Securities assumed coverage on Equifax in a report on Thursday, March 23rd. They set an “overweight” rating and a $156.00 price target on the stock. Finally, Stifel Nicolaus raised their price target on Equifax from $144.00 to $149.00 and gave the company a “buy” rating in a report on Wednesday, March 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $141.50.
In related news, CFO John W. Gamble, Jr. sold 14,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the completion of the transaction, the chief financial officer now owns 48,578 shares in the company, valued at approximately $6,627,982.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.29% of the stock is owned by corporate insiders.
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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