Bessemer Group Inc. decreased its holdings in Equifax, Inc. (NYSE:EFX – Free Report) by 0.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 720,162 shares of the credit services provider’s stock after selling 1,444 shares during the quarter. Bessemer Group Inc.’s holdings in Equifax were worth $186,788,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new position in Equifax in the 1st quarter valued at $28,000. Ameritas Advisory Services LLC bought a new position in Equifax in the 2nd quarter valued at $31,000. Zions Bancorporation National Association UT bought a new position in Equifax in the 1st quarter valued at $32,000. Adirondack Trust Co. bought a new stake in shares of Equifax during the second quarter worth $59,000. Finally, Covestor Ltd raised its position in shares of Equifax by 362.3% during the first quarter. Covestor Ltd now owns 319 shares of the credit services provider’s stock worth $78,000 after acquiring an additional 250 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
Equifax Stock Up 1.2%
Shares of Equifax stock opened at $234.05 on Monday. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $281.07. The business has a 50-day moving average of $244.80 and a two-hundred day moving average of $251.46. The company has a market capitalization of $28.64 billion, a P/E ratio of 44.41, a price-to-earnings-growth ratio of 2.67 and a beta of 1.68. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74.
Equifax Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Equifax’s dividend payout ratio is 37.95%.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on EFX shares. Wells Fargo & Company dropped their target price on Equifax from $300.00 to $285.00 and set an “overweight” rating for the company in a research report on Wednesday, October 15th. Oppenheimer started coverage on Equifax in a research report on Monday, October 13th. They set an “outperform” rating and a $271.00 target price for the company. Stifel Nicolaus dropped their target price on Equifax from $295.00 to $253.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Bank of America dropped their target price on Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a research report on Friday, October 3rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Equifax in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $277.13.
View Our Latest Analysis on EFX
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.
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