Equifax, Inc. (EFX) Shares Sold by Sei Investments Co.
Sei Investments Co. reduced its stake in Equifax, Inc. (NYSE:EFX) by 39.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,418 shares of the credit services provider’s stock after selling 19,160 shares during the period. Sei Investments Co.’s holdings in Equifax were worth $3,118,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA lifted its position in shares of Equifax by 54.5% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 65,038 shares of the credit services provider’s stock valued at $6,893,000 after acquiring an additional 22,946 shares in the last quarter. Candriam Luxembourg S.C.A. increased its stake in shares of Equifax by 202.0% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 11,697 shares of the credit services provider’s stock worth $1,240,000 after purchasing an additional 7,824 shares during the last quarter. Doliver Capital Advisors LP acquired a new position in shares of Equifax during the 3rd quarter worth $212,000. Swiss National Bank increased its stake in shares of Equifax by 1.2% during the 3rd quarter. Swiss National Bank now owns 443,245 shares of the credit services provider’s stock worth $46,980,000 after purchasing an additional 5,400 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in Equifax by 24.0% in the 3rd quarter. Daiwa Securities Group Inc. now owns 28,848 shares of the credit services provider’s stock valued at $3,057,000 after buying an additional 5,592 shares during the last quarter. 95.45% of the stock is owned by institutional investors.
A number of research analysts recently issued reports on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $149.00 target price on shares of Equifax in a research note on Tuesday, September 26th. Wells Fargo & Company raised shares of Equifax from a “market perform” rating to an “outperform” rating and reduced their price target for the company from $135.00 to $127.00 in a report on Friday, September 22nd. SunTrust Banks increased their price target 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 price target (down from $145.00) on shares of Equifax in a report on Thursday, September 14th. Finally, Goldman Sachs Group initiated coverage on shares of Equifax in a report on Wednesday, November 8th. They issued a “neutral” rating and a $116.00 price target for the company. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $128.07.
Equifax (NYSE:EFX) last announced its earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. The business had revenue of $834.80 million during the quarter, compared to analysts’ expectations of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS. equities analysts predict that Equifax, Inc. will post 5.93 EPS for the current year.
The company also recently announced 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. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio (DPR) is currently 35.21%.
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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