Airain ltd Has $1.67 Million Position in Equifax, Inc. (EFX)
Airain ltd increased its stake in shares of Equifax, Inc. (NYSE:EFX) by 166.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,161 shares of the credit services provider’s stock after buying an additional 7,590 shares during the period. Airain ltd’s holdings in Equifax were worth $1,671,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Equifax by 3.4% in the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock valued at $1,563,429,000 after buying an additional 373,774 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock valued at $1,269,041,000 after buying an additional 8,715,062 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Equifax by 3.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,997,177 shares of the credit services provider’s stock valued at $820,055,000 after buying an additional 212,392 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Equifax by 2.6% in the first quarter. Wellington Management Group LLP now owns 5,351,242 shares of the credit services provider’s stock valued at $731,730,000 after buying an additional 134,056 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its stake in shares of Equifax by 99.4% in the first quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock valued at $178,454,000 after buying an additional 650,550 shares during the last quarter. Institutional investors own 90.01% of the company’s stock.
Equifax, Inc. (EFX) opened at 141.42 on Thursday. The stock has a 50 day moving average price of $142.35 and a 200 day moving average price of $137.22. The firm has a market cap of $17.02 billion, a price-to-earnings ratio of 29.96 and a beta of 0.91. Equifax, Inc. has a 52 week low of $110.87 and a 52 week high of $147.02.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.03. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The business had revenue of $856.70 million during the quarter, compared to analysts’ expectations of $860.48 million. During the same quarter last year, the company earned $1.43 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. Equities research analysts expect that Equifax, Inc. will post $6.08 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, August 23rd. Equifax’s payout ratio is presently 33.05%.
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Several analysts have issued reports on EFX shares. Cowen and Company restated a “buy” rating and issued a $151.00 target price on shares of Equifax in a report on Friday, July 28th. Morgan Stanley restated an “equal weight” rating and issued a $144.00 target price (up from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Zacks Investment Research cut Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. BidaskClub cut Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Finally, Argus started coverage on Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $145.45.
In related news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $145.70, for a total value of $250,458.30. Following the completion of the sale, the insider now owns 43,648 shares in the company, valued at $6,359,513.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Joseph Michael Loughran III sold 4,000 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total transaction of $584,080.00. Following the completion of the sale, the insider now owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,219 shares of company stock valued at $1,780,938. 1.29% of the stock is owned by corporate 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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