Kentucky Retirement Systems trimmed its position in Equifax Inc. (NYSE:EFX – Free Report) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,503 shares of the credit services provider’s stock after selling 117 shares during the quarter. Kentucky Retirement Systems’ holdings in Equifax were worth $2,167,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Equifax by 39.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock valued at $2,775,000 after buying an additional 3,043 shares during the last quarter. Barclays PLC grew its stake in Equifax by 2.8% in the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock valued at $54,329,000 after buying an additional 5,097 shares during the last quarter. Intech Investment Management LLC grew its stake in Equifax by 84.1% in the 3rd quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock valued at $2,016,000 after buying an additional 3,135 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Equifax by 3.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock valued at $1,880,000 after buying an additional 231 shares during the last quarter. Finally, NS Partners Ltd grew its stake in Equifax by 2.3% in the 3rd quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider’s stock valued at $27,920,000 after buying an additional 2,094 shares during the last quarter. 96.20% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Wells Fargo & Company decreased their price target on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. 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. Gordon Haskett upgraded shares of Equifax to a “strong-buy” rating in a research report on Tuesday, February 18th. Argus lowered shares of Equifax from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 target price on the stock in a research report on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $301.13.
Equifax Stock Performance
Shares of Equifax stock opened at $238.04 on Friday. The company has a 50 day moving average of $258.10 and a 200-day moving average of $272.88. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. 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 company has a market cap of $29.51 billion, a PE ratio of 49.28, a price-to-earnings-growth ratio of 2.79 and a beta of 1.58.
Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share 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, equities research analysts forecast that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.
Equifax Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.
Insider Activity at Equifax
In related news, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the transaction, the executive vice president now owns 11,697 shares of the company’s stock, valued at $3,045,781.83. This represents a 4.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.57% of the stock is owned by insiders.
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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