Envestnet Asset Management Inc. Has $73.05 Million Stock Position in Equifax Inc. (NYSE:EFX)

Envestnet Asset Management Inc. raised its holdings in shares of Equifax Inc. (NYSE:EFX - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 286,626 shares of the credit services provider's stock after purchasing an additional 5,120 shares during the period. Envestnet Asset Management Inc. owned 0.23% of Equifax worth $73,047,000 at the end of the most recent quarter.

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

Equifax Stock Performance

EFX stock traded up $1.12 during midday trading on Tuesday, reaching $225.44. The company had a trading volume of 104,813 shares, compared to its average volume of 973,994. Equifax Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $309.63. The firm has a market capitalization of $28.13 billion, a PE ratio of 46.62, a P/E/G ratio of 2.79 and a beta of 1.65. 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 50 day moving average price of $239.17 and a 200 day moving average price of $256.87.

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

Equifax Announces Dividend

The company also recently declared 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. The ex-dividend date was Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.69%. Equifax's dividend payout ratio is currently 32.30%.

Analysts Set New Price Targets

EFX has been the topic of a number of recent research reports. Barclays restated an "equal weight" rating and set a $260.00 price target (down from $325.00) on shares of Equifax in a research report on Friday, April 4th. UBS Group reduced their price objective on shares of Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a report on Friday, February 7th. William Blair restated an "outperform" rating on shares of Equifax in a research note on Friday, February 7th. Bank of America assumed coverage on shares of Equifax in a research note on Thursday, April 10th. They issued a "buy" rating and a $280.00 price objective for the company. Finally, Wells Fargo & Company lowered their target price on Equifax from $313.00 to $284.00 and set an "overweight" rating for the company in a research note on Monday. Five equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $292.31.

About Equifax

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.