Impact Capital Partners LLC purchased a new position in Equifax Inc. (NYSE:EFX – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,730 shares of the credit services provider’s stock, valued at approximately $696,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of EFX. McClarren Financial Advisors Inc. purchased a new stake in Equifax in the fourth quarter valued at approximately $25,000. Ashton Thomas Securities LLC purchased a new stake in Equifax in the third quarter valued at approximately $29,000. Central Pacific Bank Trust Division purchased a new stake in Equifax in the fourth quarter valued at approximately $35,000. Spire Wealth Management raised its stake in Equifax by 98.7% in the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 75 shares in the last quarter. Finally, Tortoise Investment Management LLC raised its stake in Equifax by 78.9% in the fourth quarter. Tortoise Investment Management LLC now owns 254 shares of the credit services provider’s stock valued at $65,000 after purchasing an additional 112 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.
Equifax Stock Performance
NYSE:EFX opened at $239.64 on Thursday. The stock has a market cap of $29.72 billion, a P/E ratio of 49.62, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The firm’s fifty day simple moving average is $254.17 and its 200 day simple moving average is $268.68. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90.
Equifax Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio is currently 32.30%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Barclays lowered their target price on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. BNP Paribas upgraded shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price target on the stock in a research report on Monday, December 16th. Gordon Haskett upgraded shares of Equifax to a “strong-buy” rating in a research report on Tuesday, February 18th. Argus cut shares of Equifax from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, Stifel Nicolaus reduced their price target on shares of Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Equifax presently has a consensus rating of “Moderate Buy” and an average target price of $301.13.
Read Our Latest Analysis on Equifax
Equifax Company Profile
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
See Also
- Five stocks we like better than Equifax
- What is a buyback in stocks? A comprehensive guide for investors
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- What is the S&P/TSX Index?
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- What is a Dividend King?
- Why Energy Transfer Belongs on Your Watchlist
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax Inc. (NYSE:EFX – Free Report).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.