CI Global Investments Inc. boosted its position in Equifax, Inc. (NYSE:EFX) by 58,377.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 228,064 shares of the credit services provider’s stock after acquiring an additional 227,674 shares during the quarter. CI Global Investments Inc. owned 0.19% of Equifax worth $24,173,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Equifax by 3.2% in the second quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock valued at $1,621,809,000 after acquiring an additional 368,255 shares during the last quarter. BlackRock Inc. increased its stake in Equifax by 7.0% in the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock valued at $1,365,099,000 after acquiring an additional 653,096 shares during the last quarter. FMR LLC increased its stake in Equifax by 5.8% in the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock valued at $830,912,000 after acquiring an additional 329,481 shares during the last quarter. Janus Henderson Group PLC increased its stake in Equifax by 11,042.5% in the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock valued at $237,735,000 after acquiring an additional 1,714,466 shares during the last quarter. Finally, Burgundy Asset Management Ltd. increased its stake in Equifax by 0.7% in the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock valued at $231,339,000 after acquiring an additional 11,216 shares during the last quarter. 87.25% of the stock is currently owned by institutional investors and hedge funds.
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Equifax, Inc. (NYSE EFX) traded up $0.05 during midday trading on Tuesday, hitting $108.79. 1,657,600 shares of the company’s stock were exchanged, compared to its average volume of 1,634,136. The company has a market capitalization of $13,057.43, a PE ratio of 18.15, a PEG ratio of 1.82 and a beta of 0.93. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. The company had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. Equifax’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.44 earnings per share. analysts expect that Equifax, Inc. will post 5.97 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.43%. Equifax’s dividend payout ratio (DPR) is presently 35.29%.
A number of research analysts recently issued reports on EFX shares. Zacks Investment Research cut shares of Equifax from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Morgan Stanley reissued an “equal weight” rating and issued a $144.00 price objective (up from $142.00) on shares of Equifax in a research note on Tuesday, July 18th. Deutsche Bank AG reissued a “buy” rating and issued a $160.00 price objective (up from $140.00) on shares of Equifax in a research note on Thursday, July 27th. Cowen and Company reissued a “buy” rating and issued a $151.00 price objective on shares of Equifax in a research note on Friday, July 28th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Equifax in a research note on Wednesday, August 9th. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Equifax presently has an average rating of “Buy” and an average price target of $128.07.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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