PFC Capital Group Inc. Trims Holdings in Equifax Inc. (NYSE:EFX)

PFC Capital Group Inc. reduced its holdings in shares of Equifax Inc. (NYSE:EFX) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,850 shares of the credit services provider’s stock after selling 130 shares during the period. PFC Capital Group Inc.’s holdings in Equifax were worth $726,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of EFX. Geode Capital Management LLC raised its stake in Equifax by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 2,957,204 shares of the credit services provider’s stock valued at $751,645,000 after buying an additional 71,543 shares during the last quarter. GFI Investment Counsel Ltd. increased its holdings in shares of Equifax by 1.8% during the fourth quarter. GFI Investment Counsel Ltd. now owns 245,231 shares of the credit services provider’s stock valued at $62,497,000 after acquiring an additional 4,219 shares in the last quarter. HighPoint Advisor Group LLC raised its position in shares of Equifax by 7.4% in the 4th quarter. HighPoint Advisor Group LLC now owns 1,942 shares of the credit services provider’s stock worth $491,000 after purchasing an additional 133 shares during the last quarter. Franklin Resources Inc. boosted its stake in Equifax by 14.4% in the 4th quarter. Franklin Resources Inc. now owns 987,879 shares of the credit services provider’s stock worth $251,761,000 after purchasing an additional 124,161 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in Equifax by 11.8% during the 4th quarter. Alliancebernstein L.P. now owns 159,075 shares of the credit services provider’s stock valued at $40,540,000 after purchasing an additional 16,788 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wolfe Research downgraded shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. Barclays lowered their price objective on Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Oppenheimer reduced their target price on Equifax from $286.00 to $279.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Wells Fargo & Company decreased their price target on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, Royal Bank of Canada raised Equifax from a “sector perform” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research report on Thursday, March 20th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $298.56.

Equifax Stock Up 1.4 %

Shares of EFX stock opened at $243.72 on Tuesday. 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 Inc. has a 12 month low of $213.02 and a 12 month high of $309.63. The stock has a market cap of $30.23 billion, a P/E ratio of 50.46, a P/E/G ratio of 2.79 and a beta of 1.65. The company has a 50 day simple moving average of $251.05 and a two-hundred day simple moving average of $263.00.

Equifax (NYSE:EFX) last posted 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 return on equity of 19.13% and a net margin of 10.63%. On average, research analysts expect that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

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

Equifax 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.