Guggenheim Capital LLC lifted its stake in shares of Equifax Inc. (NYSE:EFX) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 301,619 shares of the credit services provider’s stock after purchasing an additional 4,813 shares during the quarter. Guggenheim Capital LLC’s holdings in Equifax were worth $35,567,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of the company. Capital International Investors acquired a new stake in shares of Equifax during the third quarter worth $513,940,000. OppenheimerFunds Inc. lifted its stake in shares of Equifax by 74.7% during the fourth quarter. OppenheimerFunds Inc. now owns 2,029,934 shares of the credit services provider’s stock worth $239,369,000 after buying an additional 867,664 shares during the period. Farallon Capital Management LLC lifted its stake in shares of Equifax by 0.7% during the fourth quarter. Farallon Capital Management LLC now owns 1,299,175 shares of the credit services provider’s stock worth $153,199,000 after buying an additional 9,175 shares during the period. Geode Capital Management LLC lifted its stake in shares of Equifax by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 1,221,446 shares of the credit services provider’s stock worth $143,716,000 after buying an additional 37,388 shares during the period. Finally, Mackenzie Financial Corp lifted its stake in shares of Equifax by 280.1% during the fourth quarter. Mackenzie Financial Corp now owns 973,410 shares of the credit services provider’s stock worth $114,785,000 after buying an additional 717,320 shares during the period. Institutional investors and hedge funds own 93.36% of the company’s stock.
Equifax Inc. (NYSE:EFX) opened at $122.26 on Tuesday. Equifax Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a market cap of $14,830.50, a price-to-earnings ratio of 20.72, a price-to-earnings-growth ratio of 2.09 and a beta of 0.99.
Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, March 1st. The credit services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.04. Equifax had a net margin of 17.47% and a return on equity of 23.31%. The company had revenue of $838.50 million during the quarter, compared to analysts’ expectations of $825.70 million. During the same quarter in the previous year, the company earned $1.42 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. equities research analysts expect that Equifax Inc. will post 5.92 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.56 dividend on an annualized basis and a yield of 1.28%. Equifax’s payout ratio is 32.30%.
Several equities research analysts have recently commented on EFX shares. Zacks Investment Research downgraded shares of Equifax from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Barclays downgraded shares of Equifax from an “overweight” rating to an “equal weight” rating and boosted their target price for the company from $115.00 to $128.00 in a research report on Thursday, December 14th. Robert W. Baird restated a “buy” rating and set a $137.00 target price on shares of Equifax in a research report on Tuesday, January 9th. Morgan Stanley boosted their target price on shares of Equifax from $112.00 to $119.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Royal Bank of Canada boosted their target price on shares of Equifax to $126.00 and gave the company a “sector perform” rating in a research report on Friday, January 19th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $130.07.
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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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