TD Securities Reaffirms “Average” Rating for Equifax (EFX)
Several other research firms also recently commented on EFX. Morgan Stanley reissued a hold rating and set a $127.00 target price on shares of Equifax in a research report on Thursday, September 13th. ValuEngine raised shares of Equifax from a hold rating to a buy rating in a research report on Tuesday, September 11th. Wells Fargo & Co upped their price objective on shares of Equifax from $140.00 to $145.00 and gave the stock an outperform rating in a research report on Monday, October 1st. Bank of America initiated coverage on shares of Equifax in a research report on Tuesday, October 23rd. They issued an underperform rating and a $123.00 price objective for the company. Finally, BMO Capital Markets reaffirmed a buy rating on shares of Equifax in a research report on Tuesday, November 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $121.70.
Shares of NYSE:EFX traded down $0.25 during midday trading on Monday, hitting $96.41. 14,966 shares of the company’s stock were exchanged, compared to its average volume of 1,042,153. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market cap of $11.58 billion, a PE ratio of 16.17, a PEG ratio of 2.29 and a beta of 1.10. Equifax has a 12 month low of $88.68 and a 12 month high of $138.69.
The business also recently announced a quarterly dividend, which was paid on Friday, December 14th. Shareholders of record on Friday, November 23rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date was Wednesday, November 21st. Equifax’s payout ratio is 26.13%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue boosted its stake in Equifax by 8.9% in the fourth quarter. State of Alaska Department of Revenue now owns 20,371 shares of the credit services provider’s stock valued at $1,896,000 after acquiring an additional 1,672 shares during the last quarter. Retirement Systems of Alabama lifted its stake in shares of Equifax by 11.2% during the 4th quarter. Retirement Systems of Alabama now owns 112,356 shares of the credit services provider’s stock valued at $10,464,000 after buying an additional 11,319 shares in the last quarter. USS Investment Management Ltd lifted its stake in shares of Equifax by 128.1% during the 4th quarter. USS Investment Management Ltd now owns 1,501,187 shares of the credit services provider’s stock valued at $139,813,000 after buying an additional 843,187 shares in the last quarter. Avitas Wealth Management LLC lifted its stake in shares of Equifax by 10.5% during the 3rd quarter. Avitas Wealth Management LLC now owns 5,882 shares of the credit services provider’s stock valued at $768,000 after buying an additional 560 shares in the last quarter. Finally, Federated Investors Inc. PA lifted its stake in shares of Equifax by 270.3% during the 3rd quarter. Federated Investors Inc. PA now owns 1,444 shares of the credit services provider’s stock valued at $189,000 after buying an additional 1,054 shares in the last quarter. Hedge funds and other institutional investors own 90.50% of the company’s stock.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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