132,000 Shares in Equifax, Inc. (EFX) Purchased by Axon Capital LP
Axon Capital LP purchased a new stake in Equifax, Inc. (NYSE:EFX) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 132,000 shares of the credit services provider’s stock, valued at approximately $14,012,000. Equifax comprises about 11.7% of Axon Capital LP’s portfolio, making the stock its 3rd largest holding. Axon Capital LP owned 0.11% of Equifax at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in Equifax by 0.3% in the second quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock worth $414,000 after purchasing an additional 8 shares during the last quarter. Flagship Harbor Advisors LLC lifted its stake in Equifax by 0.3% in the second quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock worth $424,000 after purchasing an additional 8 shares during the last quarter. Sawtooth Solutions LLC lifted its stake in Equifax by 0.6% in the second quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock worth $245,000 after purchasing an additional 11 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Equifax by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,931 shares of the credit services provider’s stock worth $1,227,000 after purchasing an additional 37 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC lifted its stake in Equifax by 5.0% in the second quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after purchasing an additional 37 shares during the last quarter. 95.45% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have recently commented on EFX shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $149.00 target price on shares of Equifax in a research report on Tuesday, September 26th. Wells Fargo & Company raised shares of Equifax from a “market perform” rating to an “outperform” rating and reduced their target price for the stock from $135.00 to $127.00 in a research report on Friday, September 22nd. SunTrust Banks raised their target price on shares of Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. Stephens reaffirmed a “hold” rating and set a $110.00 target price (down from $145.00) on shares of Equifax in a research report on Thursday, September 14th. Finally, Goldman Sachs Group started coverage on shares of Equifax in a research report on Wednesday, November 8th. They set a “neutral” rating and a $116.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $128.07.
Shares of Equifax, Inc. (NYSE:EFX) traded up $1.14 during mid-day trading on Friday, reaching $116.83. 1,094,500 shares of the company traded hands, compared to its average volume of 1,594,055. The stock has a market capitalization of $14,030.00, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 1.95 and a beta of 0.94. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. The company had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. Equifax’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company posted $1.44 earnings per share. analysts anticipate that Equifax, Inc. will post 5.93 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s payout ratio is 35.21%.
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Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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