Equifax, Inc. (EFX) Position Raised by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Equifax, Inc. (NYSE:EFX) by 29.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 8,894 shares of the credit services provider’s stock after buying an additional 2,029 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Equifax were worth $1,216,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sprott Inc. raised its stake in Equifax by 268.2% in the third quarter. Sprott Inc. now owns 8,100 shares of the credit services provider’s stock valued at $1,090,000 after buying an additional 5,900 shares in the last quarter. A.R.T. Advisors LLC bought a new stake in shares of Equifax during the fourth quarter worth $2,423,000. Columbus Circle Investors raised its stake in shares of Equifax by 45.3% in the third quarter. Columbus Circle Investors now owns 668,196 shares of the credit services provider’s stock worth $89,926,000 after buying an additional 208,298 shares in the last quarter. Gratus Capital LLC raised its stake in shares of Equifax by 0.8% in the fourth quarter. Gratus Capital LLC now owns 19,762 shares of the credit services provider’s stock worth $2,336,000 after buying an additional 163 shares in the last quarter. Finally, Brown Advisory Inc. raised its stake in shares of Equifax by 0.3% in the fourth quarter. Brown Advisory Inc. now owns 20,604 shares of the credit services provider’s stock worth $2,437,000 after buying an additional 67 shares in the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Equifax, Inc. (EFX) traded up 0.68% on Friday, hitting $142.58. 939,304 shares of the stock were exchanged. The company has a market cap of $17.14 billion, a PE ratio of 32.04 and a beta of 0.89. The company has a 50-day moving average price of $137.01 and a 200 day moving average price of $129.19. Equifax, Inc. has a 12 month low of $110.87 and a 12 month high of $143.09.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, April 26th. The credit services provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.41 by $0.03. The company had revenue of $832.20 million during the quarter, compared to analyst estimates of $825.14 million. Equifax had a net margin of 16.62% and a return on equity of 25.20%. Equifax’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.23 earnings per share. Equities analysts forecast that Equifax, Inc. will post $6.06 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, May 25th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.09%. The ex-dividend date was Tuesday, May 23rd. Equifax’s payout ratio is 35.14%.
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A number of analysts have weighed in on the stock. BidaskClub upgraded shares of Equifax from a “hold” rating to a “buy” rating in a research report on Saturday. Argus started coverage on shares of Equifax in a research note on Tuesday. They set a “buy” rating and a $166.00 price target for the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $144.00 price target on shares of Equifax in a research note on Thursday, March 30th. Atlantic Securities started coverage on shares of Equifax in a research note on Thursday, March 23rd. They set an “overweight” rating and a $156.00 price target for the company. Finally, Stifel Nicolaus raised their price target on shares of Equifax from $144.00 to $149.00 and gave the company a “buy” rating in a research note on Wednesday, March 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. Equifax presently has a consensus rating of “Buy” and an average target price of $141.50.
In other Equifax news, CFO John W. Gamble, Jr. sold 14,000 shares of Equifax stock in a transaction on 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 directly owns 48,578 shares of the company’s stock, valued at $6,627,982.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.29% of the stock is owned by insiders.
Equifax Company Profile
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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