Parallel Advisors LLC lifted its stake in shares of Equifax Inc. (NYSE:EFX) by 139.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 380 shares of the credit services provider’s stock after acquiring an additional 221 shares during the quarter. Parallel Advisors LLC’s holdings in Equifax were worth $45,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in EFX. Massachusetts Financial Services Co. MA boosted its stake in shares of Equifax by 49.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock worth $550,470,000 after acquiring an additional 1,954,808 shares in the last quarter. Norges Bank acquired a new position in shares of Equifax in the 4th quarter worth approximately $102,210,000. Mackenzie Financial Corp raised its holdings in shares of Equifax by 44.5% in the 4th quarter. Mackenzie Financial Corp now owns 2,764,891 shares of the credit services provider’s stock worth $257,494,000 after buying an additional 851,486 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Equifax by 91.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,581,017 shares of the credit services provider’s stock worth $147,240,000 after buying an additional 756,980 shares in the last quarter. Finally, Fundsmith LLP acquired a new position in shares of Equifax in the 4th quarter worth approximately $49,149,000. Institutional investors own 92.96% of the company’s stock.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Equifax from a “sell” rating to a “hold” rating in a report on Wednesday. Barclays reissued a “hold” rating and issued a $125.00 target price on shares of Equifax in a report on Monday, May 6th. Robert W. Baird reissued a “buy” rating and issued a $119.00 target price on shares of Equifax in a report on Friday, February 22nd. BNP Paribas assumed coverage on Equifax in a report on Friday, March 15th. They issued an “underperform” rating and a $106.00 target price for the company. Finally, Exane BNP Paribas assumed coverage on Equifax in a report on Friday, March 15th. They issued a “neutral” rating and a $106.00 target price for the company. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $121.27.
EFX stock opened at $118.69 on Thursday. Equifax Inc. has a fifty-two week low of $88.68 and a fifty-two week high of $138.69. The firm has a market cap of $14.07 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 2.42 and a beta of 1.25. The company has a quick ratio of 1.09, a current ratio of 0.57 and a debt-to-equity ratio of 1.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Friday, May 10th. The credit services provider reported $1.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.01. Equifax had a positive return on equity of 21.95% and a negative net margin of 10.23%. The firm had revenue of $846.10 million during the quarter, compared to analysts’ expectations of $850.07 million. During the same period last year, the firm posted $1.43 EPS. The business’s revenue was down 2.3% on a year-over-year basis. As a group, equities research analysts expect that Equifax Inc. will post 5.64 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.31%. Equifax’s dividend payout ratio is 26.94%.
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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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