National Bank Financial upgraded shares of Equifax (NYSE:EFX) from a sector perform rating to an outperform rating in a research note published on Friday morning, Stock Target Advisor reports.
A number of other analysts have also issued reports on the company. Stephens increased their target price on Equifax from $130.00 to $131.00 and gave the company an equal weight rating in a report on Friday, July 26th. Raymond James restated an outperform rating on shares of Equifax in a report on Friday. Morgan Stanley increased their target price on Equifax from $129.00 to $131.00 and gave the company an equal weight rating in a report on Thursday, October 10th. William Blair restated an outperform rating on shares of Equifax in a report on Friday, October 25th. Finally, ValuEngine lowered Equifax from a buy rating to a hold rating in a report on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $133.00.
Shares of NYSE:EFX traded up $0.07 on Friday, reaching $133.96. 487,720 shares of the company traded hands, compared to its average volume of 898,216. Equifax has a fifty-two week low of $88.68 and a fifty-two week high of $148.59. The company’s 50 day moving average is $139.67 and its 200-day moving average is $135.42. The stock has a market capitalization of $16.13 billion, a PE ratio of 23.14, a P/E/G ratio of 2.78 and a beta of 1.21. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.57 and a quick ratio of 0.57.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, November 21st. Equifax’s dividend payout ratio (DPR) is presently 26.94%.
In other news, insider J Dann Adams sold 9,392 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $134.72, for a total value of $1,265,290.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.86% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its stake in shares of Equifax by 0.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 12,593 shares of the credit services provider’s stock worth $1,703,000 after acquiring an additional 75 shares during the last quarter. Pacer Advisors Inc. increased its position in Equifax by 0.7% during the second quarter. Pacer Advisors Inc. now owns 11,385 shares of the credit services provider’s stock worth $1,540,000 after buying an additional 75 shares during the last quarter. Commonwealth Bank of Australia increased its position in Equifax by 36.3% during the second quarter. Commonwealth Bank of Australia now owns 304 shares of the credit services provider’s stock worth $38,000 after buying an additional 81 shares during the last quarter. Parallel Advisors LLC increased its position in Equifax by 21.6% during the third quarter. Parallel Advisors LLC now owns 462 shares of the credit services provider’s stock worth $65,000 after buying an additional 82 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in Equifax by 0.3% during the second quarter. Nisa Investment Advisors LLC now owns 29,161 shares of the credit services provider’s stock worth $3,944,000 after buying an additional 95 shares during the last quarter. 95.50% of the stock is currently owned by institutional investors and hedge funds.
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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