Bank of New York Mellon Corp Has $268.16 Million Stake in Equifax Inc. (NYSE:EFX)

Bank of New York Mellon Corp grew its position in shares of Equifax Inc. (NYSE:EFX - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,052,213 shares of the credit services provider's stock after purchasing an additional 159,332 shares during the quarter. Bank of New York Mellon Corp owned 0.85% of Equifax worth $268,156,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC raised its holdings in shares of Equifax by 37.4% in the 3rd quarter. FMR LLC now owns 3,233,744 shares of the credit services provider's stock worth $950,268,000 after purchasing an additional 880,162 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Equifax by 95.9% in the 4th quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider's stock worth $412,239,000 after acquiring an additional 791,730 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Equifax by 34.2% during the third quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider's stock worth $251,480,000 after purchasing an additional 220,109 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Equifax by 13.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 767,136 shares of the credit services provider's stock valued at $225,431,000 after purchasing an additional 88,895 shares during the period. Finally, State Street Corp increased its stake in Equifax by 1.1% in the 3rd quarter. State Street Corp now owns 4,816,186 shares of the credit services provider's stock worth $1,415,284,000 after purchasing an additional 52,489 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

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Equifax Stock Up 1.1 %

Shares of Equifax stock traded up $2.66 during midday trading on Friday, reaching $245.28. 960,629 shares of the company's stock traded hands, compared to its average volume of 1,057,706. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 0.75. Equifax Inc. has a 52 week low of $213.02 and a 52 week high of $309.63. The company's 50 day simple moving average is $256.14 and its 200 day simple moving average is $271.53. The company has a market cap of $30.42 billion, a price-to-earnings ratio of 50.78, a price-to-earnings-growth ratio of 2.79 and a beta of 1.58.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, hitting analysts' consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Equities analysts expect that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Friday, February 21st. Equifax's dividend payout ratio is 32.30%.

Analyst Upgrades and Downgrades

A number of analysts have commented on EFX shares. Wells Fargo & Company reduced their price objective on shares of Equifax from $321.00 to $313.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Gordon Haskett raised shares of Equifax to a "strong-buy" rating in a research note on Tuesday, February 18th. UBS Group cut their target price on shares of Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Stifel Nicolaus reduced their target price on Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a report on Friday, February 7th. Finally, Morgan Stanley lowered their price target on Equifax from $320.00 to $316.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $301.13.

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.