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BI Asset Management Fondsmaeglerselskab A S Acquires 2,916 Shares of Equifax Inc. (NYSE:EFX)

Equifax logo with Business Services background

BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 209.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,309 shares of the credit services provider's stock after buying an additional 2,916 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Equifax were worth $1,098,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Barclays PLC raised its stake in Equifax by 2.8% in the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider's stock worth $54,329,000 after buying an additional 5,097 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Equifax in the 3rd quarter worth approximately $2,797,000. Anchor Investment Management LLC purchased a new position in shares of Equifax in the 3rd quarter valued at approximately $95,000. Tidal Investments LLC boosted its position in shares of Equifax by 17.0% during the third quarter. Tidal Investments LLC now owns 5,872 shares of the credit services provider's stock valued at $1,726,000 after purchasing an additional 855 shares in the last quarter. Finally, Synovus Financial Corp grew its stake in Equifax by 23.0% in the third quarter. Synovus Financial Corp now owns 6,184 shares of the credit services provider's stock worth $1,817,000 after purchasing an additional 1,155 shares during the period. Hedge funds and other institutional investors own 96.20% of the company's stock.

Equifax Price Performance

Shares of NYSE:EFX opened at $245.74 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $30.67 billion, a PE ratio of 50.88, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The firm's 50 day moving average price is $235.98 and its 200-day moving average price is $254.35. Equifax Inc. has a twelve month low of $199.98 and a twelve month high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The credit services provider reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.08. Equifax had a net margin of 10.63% and a return on equity of 19.13%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.41 billion. Equities research analysts expect that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Friday, February 21st. Equifax's payout ratio is 32.30%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Stifel Nicolaus decreased their price target on shares of Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Argus lowered shares of Equifax from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. UBS Group cut their price target on Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Morgan Stanley dropped their target price on Equifax from $320.00 to $316.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Finally, Bank of America initiated coverage on Equifax in a research report on Thursday, April 10th. They issued a "buy" rating and a $280.00 price target for the company. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Equifax presently has a consensus rating of "Moderate Buy" and an average target price of $292.31.

Check Out Our Latest Stock Report on EFX

About Equifax

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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