BBT Capital Management LLC purchased a new stake in Equifax Inc. (NYSE:EFX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,551 shares of the credit services provider’s stock, valued at approximately $331,000.
A number of other institutional investors and hedge funds have also modified their holdings of EFX. Securian Asset Management Inc increased its position in shares of Equifax by 1.2% during the 4th 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. Oregon Public Employees Retirement Fund increased its position in shares of Equifax by 1.1% during the 4th 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. Nissay Asset Management Corp Japan ADV increased its position in shares of Equifax by 4.0% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 9,181 shares of the credit services provider’s stock valued at $855,000 after purchasing an additional 351 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in shares of Equifax during the 4th quarter valued at $34,000. Finally, Exane Asset Management acquired a new position in shares of Equifax during the 4th quarter valued at $41,000. 93.39% of the stock is owned by hedge funds and other institutional investors.
NYSE EFX traded up $0.70 during trading on Friday, hitting $111.02. 884,799 shares of the company traded hands, compared to its average volume of 1,130,247. Equifax Inc. has a 12 month low of $88.68 and a 12 month high of $138.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $13.47 billion, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23.
Equifax (NYSE:EFX) last posted its earnings results on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.06. Equifax had a return on equity of 21.58% and a net margin of 8.78%. The company had revenue of $835.30 million for the quarter, compared to analyst estimates of $841.49 million. During the same period last year, the company earned $1.39 earnings per share. The business’s revenue was down .4% compared to the same quarter last year. On average, equities analysts expect that Equifax Inc. will post 5.67 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Tuesday, March 12th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 11th. This represents a $1.56 annualized dividend and a yield of 1.41%. Equifax’s dividend payout ratio (DPR) is currently 26.94%.
Several research firms have recently weighed in on EFX. Exane BNP Paribas began coverage on Equifax in a research note on Friday. They set a “neutral” rating and a $106.00 price objective for the company. BNP Paribas began coverage on Equifax in a research note on Friday. They set an “underperform” rating and a $106.00 price objective for the company. TD Securities reissued an “average” rating on shares of Equifax in a research note on Monday, January 7th. Zacks Investment Research raised Equifax from a “sell” rating to a “hold” rating in a research note on Friday, February 22nd. Finally, Robert W. Baird reissued a “buy” rating and set a $119.00 price objective on shares of Equifax in a research note on Friday, February 22nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $119.45.
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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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