Raymond James & Associates decreased its stake in shares of Equifax Inc. (NYSE:EFX) by 0.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,322 shares of the credit services provider’s stock after selling 181 shares during the quarter. Raymond James & Associates’ holdings in Equifax were worth $3,001,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Thrivent Financial for Lutherans increased its stake in Equifax by 1.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 5,257 shares of the credit services provider’s stock valued at $490,000 after purchasing an additional 92 shares in the last quarter. Utah Retirement Systems grew its position in shares of Equifax by 0.4% in the fourth quarter. Utah Retirement Systems now owns 22,326 shares of the credit services provider’s stock valued at $2,079,000 after purchasing an additional 100 shares during the period. Louisiana State Employees Retirement System grew its position in shares of Equifax by 1.6% in the first quarter. Louisiana State Employees Retirement System now owns 6,400 shares of the credit services provider’s stock valued at $758,000 after purchasing an additional 100 shares during the period. Securian Asset Management Inc grew its position in shares of Equifax by 1.2% in the fourth quarter. Securian Asset Management Inc now owns 12,338 shares of the credit services provider’s stock valued at $1,149,000 after purchasing an additional 142 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Equifax by 1.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,110 shares of the credit services provider’s stock valued at $1,221,000 after purchasing an additional 145 shares during the period. Institutional investors own 94.47% of the company’s stock.
A number of brokerages have recently commented on EFX. ValuEngine raised Equifax from a “hold” rating to a “buy” rating in a research report on Tuesday, May 28th. Zacks Investment Research upgraded Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Barclays reiterated a “hold” rating and issued a $125.00 target price on shares of Equifax in a report on Monday, May 6th. BNP Paribas assumed coverage on Equifax in a report on Friday, March 15th. They issued an “underperform” rating and a $106.00 target price on the stock. Finally, Exane BNP Paribas assumed coverage on Equifax in a report on Friday, March 15th. They issued a “neutral” rating and a $106.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. Equifax currently has a consensus rating of “Hold” and a consensus target price of $121.27.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Friday, May 10th. The credit services provider reported $1.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.19 by $0.01. The firm had revenue of $846.10 million during the quarter, compared to analyst estimates of $850.07 million. Equifax had a positive return on equity of 21.95% and a negative net margin of 10.23%. Equifax’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 earnings per share. As a group, equities research analysts forecast that Equifax Inc. will post 5.63 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 24th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.15%. Equifax’s dividend payout ratio is presently 26.94%.
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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