Equifax, Inc. (EFX) Shares Sold by First Trust Advisors LP
First Trust Advisors LP lowered its stake in Equifax, Inc. (NYSE:EFX) by 42.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,825 shares of the credit services provider’s stock after selling 45,967 shares during the period. First Trust Advisors LP owned 0.05% of Equifax worth $6,553,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of EFX. Janus Henderson Group PLC raised its holdings in shares of Equifax by 11,042.5% in the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock worth $237,735,000 after buying an additional 1,714,466 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of Equifax in the third quarter worth $90,020,000. BlackRock Inc. raised its holdings in shares of Equifax by 7.0% in the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after buying an additional 653,096 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Equifax by 3.2% in the second quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock worth $1,621,809,000 after buying an additional 368,255 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Equifax by 5.8% in the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock worth $830,912,000 after buying an additional 329,481 shares during the last quarter. 87.25% of the stock is owned by institutional investors and hedge funds.
Shares of Equifax, Inc. (EFX) opened at $109.31 on Wednesday. The company has a market cap of $13,063.44, a price-to-earnings ratio of 18.16, a P/E/G ratio of 1.84 and a beta of 0.93. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a 52-week low of $89.59 and a 52-week high of $147.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. The company had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $1.44 earnings per share. equities analysts expect that Equifax, Inc. will post 5.92 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 annualized dividend and a yield of 1.43%. Equifax’s dividend payout ratio is presently 35.29%.
EFX has been the subject of a number of research analyst reports. Robert W. Baird reaffirmed a “buy” rating and issued a $141.00 price target on shares of Equifax in a report on Tuesday, September 12th. Royal Bank Of Canada decreased their price target on shares of Equifax from $154.00 to $113.00 and set an “outperform” rating for the company in a report on Tuesday, September 19th. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 price target (down previously from $174.00) on shares of Equifax in a report on Saturday, September 16th. Morgan Stanley decreased their price target on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, September 8th. Finally, SunTrust Banks, Inc. raised their price target on shares of Equifax from $110.00 to $155.00 in a report on Friday, September 15th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $128.07.
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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