10,603 Shares in Equifax, Inc. (EFX) Acquired by Crossmark Global Holdings Inc.
Crossmark Global Holdings Inc. acquired a new position in Equifax, Inc. (NYSE:EFX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,603 shares of the credit services provider’s stock, valued at approximately $1,124,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of EFX. YorkBridge Wealth Partners LLC raised its holdings in Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after purchasing an additional 37 shares in the last quarter. Sun Life Financial INC raised its holdings in Equifax by 9,722.2% in the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after purchasing an additional 875 shares in the last quarter. IFP Advisors Inc raised its holdings in Equifax by 24.6% in the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after purchasing an additional 183 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Equifax in the 3rd quarter worth $134,000. Finally, ETF Managers Group LLC bought a new position in Equifax in the 2nd quarter worth $137,000. Institutional investors and hedge funds own 88.30% of the company’s stock.
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EFX has been the subject of several research reports. SunTrust Banks, Inc. upped their price objective on shares of Equifax from $110.00 to $155.00 in a report on Friday, September 15th. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Cowen and Company restated a “buy” rating and issued a $151.00 price objective on shares of Equifax in a report on Friday, July 28th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $160.00 price objective (up from $140.00) on shares of Equifax in a report on Thursday, July 27th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Equifax has a consensus rating of “Buy” and an average price target of $130.27.
Equifax, Inc. (NYSE EFX) opened at $108.74 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market cap of $13,082.65, a PE ratio of 18.19, a P/E/G ratio of 1.83 and a beta of 0.93. Equifax, Inc. has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.04. The company had revenue of $834.80 million during the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.97%. Equifax’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $1.44 EPS. analysts anticipate that Equifax, Inc. will post 5.97 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 1.43%. Equifax’s dividend payout ratio is currently 35.29%.
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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