Intermede Investment Partners Ltd trimmed its stake in shares of Equifax Inc. (NYSE:EFX - Free Report) by 21.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 506,563 shares of the credit services provider's stock after selling 140,161 shares during the quarter. Equifax comprises 3.4% of Intermede Investment Partners Ltd's investment portfolio, making the stock its 12th biggest holding. Intermede Investment Partners Ltd owned 0.41% of Equifax worth $129,098,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new stake in shares of Equifax during the fourth quarter worth $25,000. Ashton Thomas Securities LLC purchased a new position in Equifax during the 3rd quarter worth $29,000. Central Pacific Bank Trust Division acquired a new stake in shares of Equifax in the 4th quarter worth $35,000. Spire Wealth Management boosted its holdings in shares of 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 acquiring an additional 75 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its stake in shares of Equifax by 78.9% during the fourth quarter. Tortoise Investment Management LLC now owns 254 shares of the credit services provider's stock worth $65,000 after acquiring an additional 112 shares during the period. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Equifax Trading Up 1.9 %
Shares of NYSE EFX traded up $4.54 during midday trading on Monday, hitting $240.46. The stock had a trading volume of 752,394 shares, compared to its average volume of 907,663. The company has a fifty day moving average price of $253.55 and a 200 day moving average price of $267.50. The company has a market capitalization of $29.82 billion, a price-to-earnings ratio of 49.79, a PEG ratio of 2.79 and a beta of 1.65. Equifax Inc. has a 1-year low of $213.02 and a 1-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 released 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 net margin of 10.63% and a return on equity of 19.13%. On average, analysts predict that Equifax Inc. will post 7.58 earnings per share for the current year.
Equifax Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a dividend of $0.39 per share. 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 payout ratio is currently 32.30%.
Analyst Ratings Changes
Several analysts recently commented on the stock. Barclays reduced their price objective on shares of Equifax from $335.00 to $325.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. William Blair reiterated an "outperform" rating on shares of Equifax in a research report on Friday, February 7th. BNP Paribas lowered shares of Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 target price on the stock. in a report on Friday. Jefferies Financial Group lowered their price target on shares of Equifax from $340.00 to $300.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Finally, Argus downgraded shares of Equifax from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. 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 company. According to data from MarketBeat, Equifax currently has a consensus rating of "Moderate Buy" and a consensus target price of $298.47.
Check Out Our Latest Research Report on EFX
About Equifax
(
Free Report)
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.
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