PNC Financial Services Group Inc. Purchases 1,090 Shares of Equifax Inc. (NYSE:EFX)

PNC Financial Services Group Inc. lifted its position in shares of Equifax Inc. (NYSE:EFX - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,854 shares of the credit services provider's stock after purchasing an additional 1,090 shares during the period. PNC Financial Services Group Inc.'s holdings in Equifax were worth $9,902,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in EFX. QRG Capital Management Inc. bought a new stake in shares of Equifax during the third quarter worth about $313,000. Concurrent Investment Advisors LLC acquired a new position in shares of Equifax in the third quarter worth approximately $221,000. Assetmark Inc. lifted its stake in shares of Equifax by 8.7% in the third quarter. Assetmark Inc. now owns 6,588 shares of the credit services provider's stock worth $1,936,000 after acquiring an additional 527 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Equifax in the third quarter worth approximately $29,000. Finally, Venturi Wealth Management LLC lifted its stake in shares of Equifax by 59.8% in the third quarter. Venturi Wealth Management LLC now owns 1,358 shares of the credit services provider's stock worth $399,000 after acquiring an additional 508 shares during the period. 96.20% of the stock is currently owned by institutional investors.

Equifax Price Performance

Shares of NYSE:EFX opened at $239.67 on Wednesday. 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 Inc. has a twelve month low of $213.02 and a twelve month high of $309.63. The stock's 50 day moving average is $254.48 and its 200-day moving average is $268.88. The firm has a market capitalization of $29.72 billion, a price-to-earnings ratio of 49.62, a PEG ratio of 2.79 and a beta of 1.65.

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Equifax (NYSE:EFX - Get Free Report) last issued its 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 return on equity of 19.13% and a net margin of 10.63%. Sell-side analysts forecast that Equifax Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Oppenheimer cut their price objective on Equifax from $286.00 to $279.00 and set an "outperform" rating on the stock in a research note on Friday, February 7th. Jefferies Financial Group cut their price objective on Equifax from $340.00 to $300.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. William Blair reaffirmed an "outperform" rating on shares of Equifax in a research note on Friday, February 7th. Morgan Stanley cut their price objective on Equifax from $320.00 to $316.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Finally, Barclays cut their price objective on Equifax from $335.00 to $325.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. Three investment 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, the stock currently has an average rating of "Moderate Buy" and an average target price of $301.13.

Equifax Company 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.

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