Dixon Hubard Feinour & Brown Inc. VA Reduces Holdings in Equifax Inc. (EFX)
Dixon Hubard Feinour & Brown Inc. VA trimmed its position in Equifax Inc. (NYSE:EFX) by 7.2% during the 4th quarter, Holdings Channel reports. The firm owned 12,919 shares of the credit services provider’s stock after selling 998 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Equifax were worth $1,523,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in EFX. Nationwide Fund Advisors boosted its position in Equifax by 9.8% in the third quarter. Nationwide Fund Advisors now owns 36,888 shares of the credit services provider’s stock worth $3,910,000 after purchasing an additional 3,285 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Equifax by 73.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,108 shares of the credit services provider’s stock worth $541,000 after purchasing an additional 2,160 shares during the last quarter. Quantbot Technologies LP boosted its position in Equifax by 72.3% in the third quarter. Quantbot Technologies LP now owns 4,496 shares of the credit services provider’s stock worth $476,000 after purchasing an additional 1,886 shares during the last quarter. Commonwealth Equity Services Inc boosted its position in Equifax by 13.9% in the third quarter. Commonwealth Equity Services Inc now owns 14,833 shares of the credit services provider’s stock worth $1,572,000 after purchasing an additional 1,812 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Equifax by 243.4% in the third quarter. SG Americas Securities LLC now owns 18,061 shares of the credit services provider’s stock worth $1,914,000 after purchasing an additional 12,802 shares during the last quarter. 93.36% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts have issued reports on EFX shares. Zacks Investment Research cut Equifax from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Morgan Stanley raised their price objective on Equifax from $112.00 to $119.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Wells Fargo reaffirmed a “buy” rating and issued a $132.00 price objective (up previously from $127.00) on shares of Equifax in a research note on Monday, March 5th. William Blair reaffirmed an “outperform” rating on shares of Equifax in a research note on Thursday, March 1st. Finally, Barclays downgraded Equifax from an “overweight” rating to an “equal weight” rating and raised their price objective for the stock from $115.00 to $128.00 in a research note on Thursday, December 14th. Nine analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $130.07.
Equifax (NYSE:EFX) last issued its earnings results on Thursday, March 1st. The credit services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.04. The company had revenue of $838.50 million for the quarter, compared to the consensus estimate of $825.70 million. Equifax had a return on equity of 23.31% and a net margin of 17.47%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $1.42 EPS. equities analysts forecast that Equifax Inc. will post 5.92 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 12th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Friday, March 9th. Equifax’s dividend payout ratio (DPR) is presently 32.30%.
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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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