Equifax Inc. (NYSE:EFX) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 81.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,408 shares of the credit services provider's stock after purchasing an additional 27,568 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Equifax were worth $15,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Equifax by 39.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider's stock valued at $2,775,000 after buying an additional 3,043 shares during the last quarter. Barclays PLC grew its holdings in Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider's stock worth $54,329,000 after acquiring an additional 5,097 shares during the period. Intech Investment Management LLC raised its position in Equifax by 84.1% during the third quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider's stock valued at $2,016,000 after acquiring an additional 3,135 shares in the last quarter. NS Partners Ltd lifted its holdings in Equifax by 2.3% in the third quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider's stock valued at $27,920,000 after acquiring an additional 2,094 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in Equifax in the 4th quarter worth approximately $3,572,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Argus cut shares of Equifax from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Stifel Nicolaus cut their price objective on shares of Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a report on Friday, February 7th. UBS Group dropped their target price on Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. Oppenheimer reduced their price target on Equifax from $286.00 to $279.00 and set an "outperform" rating for the company in a report on Friday, February 7th. Finally, BNP Paribas lowered Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 price objective on the stock. in a report on Friday. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $298.47.

Equifax Price Performance

EFX traded up $4.54 on Monday, hitting $240.46. 752,394 shares of the company's stock were exchanged, compared to its average volume of 907,663. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The stock has a market cap of $29.82 billion, a price-to-earnings ratio of 49.79, a P/E/G ratio of 2.79 and a beta of 1.65. The firm has a 50-day moving average price of $253.55 and a 200-day moving average price of $267.50. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.

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

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.56 annualized dividend and a dividend yield of 0.65%. Equifax's dividend payout ratio is presently 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.