Landscape Capital Management L.L.C. trimmed its holdings in shares of Equifax Inc. (NYSE:EFX – Free Report) by 38.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,035 shares of the credit services provider’s stock after selling 1,936 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Equifax were worth $773,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the business. Norges Bank bought a new position in shares of Equifax during the 4th quarter worth approximately $330,400,000. Van ECK Associates Corp raised its stake in Equifax by 95.9% during the fourth quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider’s stock worth $412,239,000 after acquiring an additional 791,730 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Equifax during the fourth quarter valued at $113,896,000. Franklin Resources Inc. boosted its stake in shares of Equifax by 34.2% in the 3rd quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider’s stock valued at $251,480,000 after purchasing an additional 220,109 shares in the last quarter. Finally, Boston Partners increased its position in shares of Equifax by 18.0% during the 4th quarter. Boston Partners now owns 1,228,741 shares of the credit services provider’s stock worth $313,213,000 after purchasing an additional 187,460 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on EFX shares. Stifel Nicolaus dropped their price objective on shares of Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a report on Friday, February 7th. Barclays restated an “equal weight” rating and set a $260.00 target price (down previously from $325.00) on shares of Equifax in a report on Friday. Argus cut Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Morgan Stanley decreased their price objective on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Finally, Royal Bank of Canada raised shares of Equifax from a “sector perform” rating to an “outperform” rating and set a $300.00 target price for the company in a research note on Thursday, March 20th. Five research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $294.50.
Equifax Price Performance
Equifax stock opened at $210.30 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $26.25 billion, a P/E ratio of 43.54, a PEG ratio of 2.79 and a beta of 1.65. The business has a 50-day moving average of $248.10 and a 200-day moving average of $261.34. Equifax Inc. has a 1 year low of $209.89 and a 1 year high of $309.63.
Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. On average, equities analysts anticipate that Equifax Inc. will post 7.58 EPS for the current year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend was Friday, February 21st. Equifax’s payout ratio is presently 32.30%.
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.
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