Proficio Capital Partners LLC Takes $28.59 Million Position in Equifax Inc. (NYSE:EFX)

Proficio Capital Partners LLC purchased a new stake in Equifax Inc. (NYSE:EFX - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 112,163 shares of the credit services provider's stock, valued at approximately $28,585,000. Proficio Capital Partners LLC owned about 0.09% of Equifax at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. M&T Bank Corp increased its holdings in shares of Equifax by 12.7% in the 4th quarter. M&T Bank Corp now owns 19,626 shares of the credit services provider's stock valued at $5,001,000 after acquiring an additional 2,206 shares during the last quarter. Assetmark Inc. increased its holdings in shares of Equifax by 11.2% in the 4th quarter. Assetmark Inc. now owns 7,329 shares of the credit services provider's stock valued at $1,868,000 after acquiring an additional 741 shares during the last quarter. Keybank National Association OH increased its holdings in shares of Equifax by 25.7% in the 4th quarter. Keybank National Association OH now owns 3,007 shares of the credit services provider's stock valued at $766,000 after acquiring an additional 615 shares during the last quarter. Nicola Wealth Management LTD. increased its holdings in shares of Equifax by 27.7% in the 4th quarter. Nicola Wealth Management LTD. now owns 60,000 shares of the credit services provider's stock valued at $15,291,000 after acquiring an additional 13,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Equifax by 3.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 797,122 shares of the credit services provider's stock valued at $203,147,000 after acquiring an additional 29,986 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on EFX shares. UBS Group lowered their price target on Equifax from $335.00 to $310.00 and set a "buy" rating for the company in a report on Friday, February 7th. Oppenheimer lowered their price objective on Equifax from $286.00 to $279.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. BNP Paribas downgraded Equifax from an "outperform" rating to a "neutral" rating and set a $265.00 price objective for the company. in a research note on Friday. Morgan Stanley lowered their price objective on Equifax from $320.00 to $316.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Finally, Stifel Nicolaus lowered their price objective on Equifax from $284.00 to $281.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Four 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.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $298.47.

Equifax Price Performance

Shares of Equifax stock traded down $4.66 during trading on Tuesday, hitting $235.60. The stock had a trading volume of 1,012,913 shares, compared to its average volume of 907,992. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The firm has a market cap of $29.22 billion, a P/E ratio of 48.78, a PEG ratio of 2.79 and a beta of 1.65. The business has a fifty day moving average of $253.38 and a two-hundred day moving average of $267.05. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63.

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 for the quarter, meeting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. On average, sell-side analysts expect that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently announced 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. This represents a $1.56 annualized dividend and a dividend yield of 0.66%. The ex-dividend date was Friday, February 21st. Equifax's dividend payout ratio is 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.