NS Partners Ltd Increases Holdings in Equifax Inc. (EFX)
NS Partners Ltd raised its position in Equifax Inc. (NYSE:EFX) by 38.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 43,672 shares of the credit services provider’s stock after acquiring an additional 12,156 shares during the period. NS Partners Ltd’s holdings in Equifax were worth $5,702,000 as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. Enterprise Financial Services Corp acquired a new stake in Equifax in the third quarter valued at approximately $114,000. Qube Research & Technologies Ltd grew its stake in Equifax by 1,375.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,151 shares of the credit services provider’s stock valued at $144,000 after acquiring an additional 1,073 shares during the period. Valeo Financial Advisors LLC acquired a new stake in Equifax in the second quarter valued at approximately $158,000. Piedmont Investment Advisors LLC acquired a new stake in Equifax in the second quarter valued at approximately $175,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in Equifax by 105.6% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,431 shares of the credit services provider’s stock valued at $187,000 after acquiring an additional 735 shares during the period. 90.51% of the stock is owned by hedge funds and other institutional investors.
Shares of EFX stock traded down $1.37 during trading hours on Thursday, reaching $97.91. The company had a trading volume of 2,723 shares, compared to its average volume of 1,531,036. Equifax Inc. has a 12 month low of $90.54 and a 12 month high of $138.69. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $11.97 billion, a PE ratio of 16.37, a P/E/G ratio of 2.41 and a beta of 1.11.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 23rd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.59%. Equifax’s dividend payout ratio is presently 26.13%.
EFX has been the subject of a number of research reports. BMO Capital Markets reissued a “buy” rating on shares of Equifax in a research note on Tuesday, November 13th. ValuEngine upgraded Equifax from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. Deutsche Bank set a $128.00 target price on Equifax and gave the company a “buy” rating in a report on Friday, October 26th. TheStreet lowered Equifax from a “b” rating to a “c” rating in a report on Wednesday, October 24th. Finally, Barclays dropped their target price on Equifax from $120.00 to $105.00 and set an “equal weight” rating on the stock in a report on Friday, October 26th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $128.44.
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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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