Caxton Associates LLP bought a new position in shares of Equifax, Inc. (NYSE:EFX – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 6,846 shares of the credit services provider’s stock, valued at approximately $1,233,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in EFX. Fisher Funds Management LTD bought a new position in Equifax during the 4th quarter worth approximately $27,889,000. SG Americas Securities LLC boosted its stake in shares of Equifax by 359.5% in the 4th quarter. SG Americas Securities LLC now owns 61,817 shares of the credit services provider’s stock valued at $13,413,000 after purchasing an additional 48,364 shares during the last quarter. Canoe Financial LP raised its stake in Equifax by 57.9% during the fourth quarter. Canoe Financial LP now owns 20,094 shares of the credit services provider’s stock worth $4,360,000 after buying an additional 7,365 shares during the last quarter. Brighton Jones LLC raised its stake in Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock worth $927,000 after buying an additional 1,200 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in Equifax by 52.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 650,391 shares of the credit services provider’s stock valued at $141,199,000 after buying an additional 224,073 shares during the period. 96.20% of the stock is owned by institutional investors and hedge funds.
Equifax Price Performance
EFX opened at $172.08 on Friday. Equifax, Inc. has a 1 year low of $150.74 and a 1 year high of $271.84. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.61. The company has a market capitalization of $20.22 billion, a price-to-earnings ratio of 30.24, a P/E/G ratio of 1.39 and a beta of 1.32. The firm’s fifty day moving average price is $165.98 and its two-hundred day moving average price is $182.66.
Equifax Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 22nd were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 22nd. Equifax’s dividend payout ratio is presently 39.37%.
Wall Street Analysts Forecast Growth
EFX has been the subject of a number of recent analyst reports. Royal Bank Of Canada decreased their price target on Equifax from $222.00 to $194.00 and set an “outperform” rating for the company in a report on Wednesday. Citigroup dropped their target price on shares of Equifax from $256.00 to $238.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group cut their price target on Equifax from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Robert W. Baird dropped their price objective on shares of Equifax from $245.00 to $232.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, BNP Paribas Exane cut their price target on Equifax from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, June 18th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.79.
Check Out Our Latest Stock Analysis on Equifax
Insider Buying and Selling
In other Equifax news, EVP Chad M. Borton sold 2,455 shares of Equifax stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $173.89, for a total transaction of $426,899.95. Following the transaction, the executive vice president owned 29,518 shares of the company’s stock, valued at $5,132,885.02. This trade represents a 7.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.
Equifax Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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