Riverhead Capital Management LLC Has $559,000 Holdings in Equifax, Inc. (EFX)
Riverhead Capital Management LLC lowered its position in shares of Equifax, Inc. (NYSE:EFX) by 3.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,067 shares of the credit services provider’s stock after selling 151 shares during the quarter. Riverhead Capital Management LLC’s holdings in Equifax were worth $559,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of EFX. BlackRock Inc. lifted its holdings in Equifax by 1,540.8% during 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 purchasing an additional 8,715,062 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in Equifax by 99.4% during 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 purchasing an additional 650,550 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Equifax by 3.4% during 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 purchasing an additional 373,774 shares in the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in Equifax during the first quarter valued at approximately $39,675,000. Finally, Aviva PLC lifted its holdings in Equifax by 367.1% during the second quarter. Aviva PLC now owns 345,668 shares of the credit services provider’s stock valued at $47,488,000 after purchasing an additional 271,660 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Shares of Equifax, Inc. (NYSE:EFX) opened at 96.00 on Thursday. The stock has a market capitalization of $11.56 billion, a price-to-earnings ratio of 20.33 and a beta of 0.93. Equifax, Inc. has a 52-week low of $89.59 and a 52-week high of $147.02. The firm’s 50 day moving average is $133.48 and its 200 day moving average is $136.54.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business had revenue of $856.70 million during the quarter, compared to the consensus estimate of $860.48 million. During the same period in the previous year, the company posted $1.43 earnings per share. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities analysts expect that Equifax, Inc. will post $6.00 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio is presently 33.05%.
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Several equities analysts have recently commented on EFX shares. SunTrust Banks, Inc. boosted their target price on shares of Equifax from $110.00 to $155.00 in a report on Friday, September 15th. Stephens reissued a “hold” rating and issued a $110.00 target price (down previously from $145.00) on shares of Equifax in a report on Thursday, September 14th. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a report on Friday, September 8th. Deutsche Bank AG reissued a “buy” rating and issued a $160.00 target price (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. Finally, Evercore ISI reissued a “buy” rating and issued a $174.00 target price on shares of Equifax in a report on Saturday, September 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $133.73.
In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total transaction of $946,400.00. Following the completion of the transaction, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at $6,126,556.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Joseph Michael Loughran III sold 4,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total value of $584,080.00. Following the transaction, the insider now directly owns 42,723 shares of the company’s stock, valued at $6,238,412.46. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,219 shares of company stock valued at $1,780,938. Corporate insiders own 1.29% of the company’s stock.
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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