Bp Plc Has $2,061,000 Position in Equifax, Inc. (NYSE:EFX)
Bp Plc continued to hold its stake in shares of Equifax, Inc. (NYSE:EFX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,000 shares of the credit services provider’s stock at the end of the second quarter. Bp Plc’s holdings in Equifax were worth $2,061,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in EFX. Advisor Partners LLC raised its stake in shares of Equifax by 14.4% in the second quarter. Advisor Partners LLC now owns 2,020 shares of the credit services provider’s stock worth $278,000 after buying an additional 254 shares during the last quarter. Pictet Asset Management Ltd. raised its stake in shares of Equifax by 14.5% in the second quarter. Pictet Asset Management Ltd. now owns 687,429 shares of the credit services provider’s stock worth $94,040,000 after buying an additional 87,200 shares during the last quarter. TD Asset Management Inc. raised its stake in shares of Equifax by 5.6% in the second quarter. TD Asset Management Inc. now owns 253,442 shares of the credit services provider’s stock worth $34,828,000 after buying an additional 13,524 shares during the last quarter. IFP Advisors Inc raised 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 buying an additional 183 shares during the last quarter. Finally, Korea Investment CORP raised its stake in shares of Equifax by 4,596.9% in the second quarter. Korea Investment CORP now owns 21,512 shares of the credit services provider’s stock worth $2,956,000 after buying an additional 21,054 shares during the last quarter. 89.55% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Equifax, Inc. (NYSE:EFX) opened at 142.06 on Friday. The company’s 50-day moving average is $141.57 and its 200 day moving average is $135.42. The company has a market cap of $17.10 billion, a price-to-earnings ratio of 30.09 and a beta of 0.91. Equifax, Inc. has a 1-year low of $110.87 and a 1-year high of $147.02.
Equifax (NYSE:EFX) last issued its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.57 by $0.03. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The company had revenue of $856.70 million for the quarter, compared to analysts’ expectations of $860.48 million. During the same period in the prior year, the business earned $1.43 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. Equities analysts anticipate that Equifax, Inc. will post $6.08 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.10%. The ex-dividend date is Wednesday, August 23rd. Equifax’s payout ratio is 33.05%.
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A number of equities research analysts have recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Equifax in a research note on Wednesday. Cowen and Company reaffirmed a “buy” rating and set a $151.00 target price on shares of Equifax in a research note on Friday, July 28th. Deutsche Bank AG reaffirmed a “buy” rating and set a $160.00 target price (up previously from $140.00) on shares of Equifax in a research note on Thursday, July 27th. Morgan Stanley reaffirmed an “equal weight” rating and set a $144.00 target price (up previously from $142.00) on shares of Equifax in a research note on Tuesday, July 18th. Finally, Zacks Investment Research lowered shares of Equifax from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. Equifax currently has an average rating of “Buy” and an average price target of $145.45.
In other Equifax news, CFO John W. Gamble, Jr. sold 14,000 shares of the stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the transaction, the chief financial officer now directly owns 48,578 shares in the company, valued at approximately $6,627,982.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total transaction of $946,400.00. Following the transaction, the chief financial officer now owns 42,078 shares in the company, valued at $6,126,556.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 26,219 shares of company stock worth $3,691,098. 1.29% of the stock is owned by company insiders.
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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