Equifax Inc. (EFX) Holdings Lowered by Toth Financial Advisory Corp
Toth Financial Advisory Corp lowered its position in shares of Equifax Inc. (NYSE:EFX) by 15.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,312 shares of the credit services provider’s stock after selling 5,857 shares during the quarter. Toth Financial Advisory Corp’s holdings in Equifax were worth $3,947,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of Equifax by 4.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 509,836 shares of the credit services provider’s stock worth $66,568,000 after purchasing an additional 20,845 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Equifax in the 3rd quarter worth approximately $216,000. Deutsche Bank AG raised its holdings in shares of Equifax by 25.6% in the 3rd quarter. Deutsche Bank AG now owns 205,597 shares of the credit services provider’s stock worth $26,839,000 after purchasing an additional 41,960 shares during the period. Paloma Partners Management Co bought a new stake in shares of Equifax in the 3rd quarter worth approximately $979,000. Finally, Pacer Advisors Inc. raised its holdings in shares of Equifax by 14.6% in the 3rd quarter. Pacer Advisors Inc. now owns 6,412 shares of the credit services provider’s stock worth $837,000 after purchasing an additional 816 shares during the period. 94.13% of the stock is currently owned by hedge funds and other institutional investors.
EFX has been the topic of a number of research reports. Deutsche Bank cut shares of Equifax from a “buy” rating to a “hold” rating and lowered their price target for the stock from $128.00 to $110.00 in a report on Tuesday, February 5th. They noted that the move was a valuation call. Robert W. Baird lowered their price target on shares of Equifax from $115.00 to $109.00 and set an “outperform” rating on the stock in a report on Wednesday, December 19th. Morgan Stanley set a $103.00 price target on shares of Equifax and gave the stock a “hold” rating in a report on Friday, February 22nd. SunTrust Banks reaffirmed a “buy” rating and issued a $125.00 price target on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Finally, Credit Suisse Group lifted their price target on shares of Equifax from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $119.45.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.06. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The business had revenue of $835.30 million during the quarter, compared to analyst estimates of $841.49 million. During the same period in the previous year, the business earned $1.39 EPS. Equifax’s revenue was down .4% compared to the same quarter last year. On average, equities research analysts forecast that Equifax Inc. will post 5.67 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Tuesday, March 12th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, March 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.24%. Equifax’s dividend payout ratio (DPR) is currently 26.94%.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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