Capital Group Investment Management PTE. LTD. Sells 4,870 Shares of Equifax Inc. (NYSE:EFX)

Capital Group Investment Management PTE. LTD. lowered its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 50.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,704 shares of the credit services provider's stock after selling 4,870 shares during the period. Capital Group Investment Management PTE. LTD.'s holdings in Equifax were worth $1,199,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. McClarren Financial Advisors Inc. acquired a new position in shares of Equifax in the fourth quarter worth approximately $25,000. Central Pacific Bank Trust Division acquired a new stake in shares of Equifax during the fourth quarter worth $35,000. Spire Wealth Management lifted its holdings in Equifax by 98.7% in the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider's stock valued at $38,000 after buying an additional 75 shares during the period. Generali Asset Management SPA SGR acquired a new stake in Equifax during the 4th quarter worth about $39,000. Finally, Atala Financial Inc bought a new position in shares of Equifax in the 4th quarter worth about $49,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on EFX shares. William Blair reissued an "outperform" rating on shares of Equifax in a research note on Friday, February 7th. UBS Group cut their price objective on shares of Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. Barclays reaffirmed an "equal weight" rating and set a $260.00 price target (down from $325.00) on shares of Equifax in a research note on Friday, April 4th. Jefferies Financial Group cut their target price on Equifax from $340.00 to $300.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Finally, Argus lowered shares of Equifax from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Five investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $292.31.

Equifax Price Performance

EFX traded down $6.19 during trading on Monday, reaching $215.06. 1,475,544 shares of the company were exchanged, compared to its average volume of 964,453. 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 company has a market cap of $26.84 billion, a price-to-earnings ratio of 44.53, a P/E/G ratio of 2.79 and a beta of 1.65. Equifax Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The company's 50-day moving average is $236.87 and its two-hundred day moving average is $254.88.

Equifax (NYSE:EFX - Get Free Report) last posted its 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 net margin of 10.63% and a return on equity of 19.13%. Research analysts forecast that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Friday, February 21st. Equifax's dividend payout ratio is currently 32.30%.

Equifax 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.