Aldebaran Financial Inc. Reduces Position in Equifax, Inc. (EFX)
Aldebaran Financial Inc. lessened its stake in Equifax, Inc. (NYSE:EFX) by 25.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 10,000 shares of the credit services provider’s stock after selling 3,500 shares during the period. Aldebaran Financial Inc.’s holdings in Equifax were worth $1,060,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in shares of Equifax by 24.6% in the second quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after acquiring an additional 183 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Equifax by 68.3% in the second quarter. Canada Pension Plan Investment Board now owns 75,417 shares of the credit services provider’s stock worth $10,364,000 after acquiring an additional 30,598 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Equifax by 4.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 385,881 shares of the credit services provider’s stock worth $53,028,000 after acquiring an additional 14,724 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Equifax by 294.6% in the second quarter. First Trust Advisors LP now owns 107,792 shares of the credit services provider’s stock worth $14,813,000 after acquiring an additional 80,477 shares in the last quarter. Finally, LMR Partners LLP grew its stake in shares of Equifax by 136.4% in the second quarter. LMR Partners LLP now owns 4,003 shares of the credit services provider’s stock worth $551,000 after acquiring an additional 2,310 shares in the last quarter. Hedge funds and other institutional investors own 95.45% of the company’s stock.
Equifax, Inc. (NYSE EFX) opened at $117.40 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market cap of $14,193.38, a price-to-earnings ratio of 19.73, a P/E/G ratio of 1.99 and a beta of 0.94. Equifax, Inc. has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last issued its earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. The firm had revenue of $834.80 million during the quarter, compared to the consensus estimate of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.44 earnings per share. analysts expect that Equifax, Inc. will post 5.93 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.33%. Equifax’s payout ratio is currently 35.29%.
Several equities analysts have commented on EFX shares. SunTrust Banks boosted their price target on shares of Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a research note on Friday, September 8th. Robert W. Baird restated a “buy” rating and issued a $141.00 price target on shares of Equifax in a research note on Tuesday, September 12th. Evercore ISI restated a “buy” rating and issued a $174.00 price target on shares of Equifax in a research note on Saturday, September 9th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $149.00 price target on shares of Equifax in a research note on Friday, September 8th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $128.07.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://www.watchlistnews.com/aldebaran-financial-inc-reduces-position-in-equifax-inc-efx/1763352.html.
Equifax Company Profile
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.
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with Analyst Ratings Network's FREE daily email newsletter.