Invesco Ltd. Sells 244,453 Shares of Equifax Inc. (NYSE:EFX)

Invesco Ltd. reduced its position in Equifax Inc. (NYSE:EFX - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,016,462 shares of the credit services provider's stock after selling 244,453 shares during the quarter. Invesco Ltd. owned approximately 1.63% of Equifax worth $513,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can boosted its stake in Equifax by 10.1% in the 4th quarter. Bank of Montreal Can now owns 103,310 shares of the credit services provider's stock worth $26,329,000 after purchasing an additional 9,515 shares during the period. Federated Hermes Inc. grew its stake in Equifax by 7.6% during the fourth quarter. Federated Hermes Inc. now owns 297,631 shares of the credit services provider's stock valued at $75,851,000 after acquiring an additional 21,039 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Equifax by 1.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 286,626 shares of the credit services provider's stock valued at $73,047,000 after acquiring an additional 5,120 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in Equifax in the 4th quarter worth $9,203,000. Finally, Riverwater Partners LLC boosted its holdings in shares of Equifax by 19.3% during the 4th quarter. Riverwater Partners LLC now owns 1,509 shares of the credit services provider's stock valued at $385,000 after purchasing an additional 244 shares during the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on EFX shares. Gordon Haskett upgraded Equifax to a "strong-buy" rating in a research report on Tuesday, February 18th. Argus lowered shares of Equifax from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. UBS Group decreased their price target on shares of Equifax from $335.00 to $310.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Royal Bank of Canada upgraded shares of Equifax from a "sector perform" rating to an "outperform" rating and set a $300.00 target price on the stock in a report on Thursday, March 20th. Finally, Morgan Stanley lowered their price target on shares of Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $292.31.

Equifax Trading Up 1.9 %

EFX traded up $4.20 on Monday, reaching $224.44. 162,281 shares of the company traded hands, compared to its average volume of 974,599. The company has a market cap of $28.01 billion, a P/E ratio of 46.47, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The firm has a fifty day simple moving average of $240.09 and a two-hundred day simple moving average of $257.33. Equifax Inc. has a one year low of $199.98 and a one year 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.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings data 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%. As a group, equities research analysts expect that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were given 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 0.70%. Equifax's 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.