CIBC Asset Management Inc Grows Stock Position in Equifax Inc. (NYSE:EFX)

CIBC Asset Management Inc increased its stake in shares of Equifax Inc. (NYSE:EFX - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 216,497 shares of the credit services provider's stock after purchasing an additional 1,215 shares during the quarter. CIBC Asset Management Inc owned 0.17% of Equifax worth $55,058,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. State Street Corp boosted its holdings in Equifax by 1.1% during the 3rd quarter. State Street Corp now owns 4,816,186 shares of the credit services provider's stock valued at $1,415,284,000 after acquiring an additional 52,489 shares during the period. FMR LLC boosted its holdings in Equifax by 37.4% during the 3rd quarter. FMR LLC now owns 3,233,744 shares of the credit services provider's stock valued at $950,268,000 after acquiring an additional 880,162 shares during the period. Geode Capital Management LLC boosted its holdings in Equifax by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,885,661 shares of the credit services provider's stock valued at $845,041,000 after acquiring an additional 29,742 shares during the period. Van ECK Associates Corp boosted its holdings in Equifax by 95.9% during the 4th quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider's stock valued at $412,239,000 after acquiring an additional 791,730 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in Equifax by 76,913.8% during the 3rd quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider's stock valued at $282,212,000 after acquiring an additional 959,115 shares during the period. Hedge funds and other institutional investors own 96.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EFX. Morgan Stanley dropped their price objective on Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Jefferies Financial Group lowered their target price on Equifax from $340.00 to $300.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Barclays reduced their price target on Equifax from $335.00 to $325.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. Argus lowered Equifax from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Finally, Stifel Nicolaus reduced their price target on Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Equifax has an average rating of "Moderate Buy" and an average target price of $301.13.

Equifax Stock Performance

Shares of EFX traded down $2.45 during mid-day trading on Thursday, reaching $240.79. The company had a trading volume of 1,258,702 shares, compared to its average volume of 1,067,236. Equifax Inc. has a 52-week low of $213.02 and a 52-week high of $309.63. 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 $29.85 billion, a P/E ratio of 49.85, a PEG ratio of 2.85 and a beta of 1.58. The stock has a 50 day moving average of $258.66 and a two-hundred day moving average of $273.21.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results on Thursday, February 6th. The credit services provider reported $2.12 EPS 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%. On average, analysts expect that Equifax Inc. will post 7.57 earnings per share for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 0.65%. Equifax's dividend payout ratio is currently 32.30%.

Insiders Place Their Bets

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total transaction of $143,474.89. Following the transaction, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.57% of the stock is currently owned by company insiders.

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.