Segall Bryant & Hamill LLC Increases Stake in Equifax, Inc. (EFX)
Segall Bryant & Hamill LLC raised its position in Equifax, Inc. (NYSE:EFX) by 1,911.0% during the first quarter, Holdings Channel reports. The firm owned 154,583 shares of the credit services provider’s stock after buying an additional 146,896 shares during the period. Segall Bryant & Hamill LLC owned about 0.13% of Equifax worth $21,138,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC raised its stake in Equifax by 23.8% in the first quarter. YorkBridge Wealth Partners LLC now owns 744 shares of the credit services provider’s stock worth $102,000 after buying an additional 143 shares during the period. IFP Advisors Inc raised its stake in Equifax by 9.4% in the first quarter. IFP Advisors Inc now owns 745 shares of the credit services provider’s stock worth $102,000 after buying an additional 64 shares during the period. Ancora Advisors LLC acquired a new stake in Equifax during the fourth quarter worth $166,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in Equifax during the first quarter worth $202,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in Equifax during the first quarter worth $205,000. 89.97% of the stock is owned by institutional investors.
Shares of Equifax, Inc. (EFX) traded up 0.68% on Friday, hitting $142.58. The stock had a trading volume of 939,304 shares. The stock has a market cap of $17.14 billion, a P/E ratio of 32.04 and a beta of 0.89. The firm has a 50 day moving average of $137.01 and a 200 day moving average of $129.19. Equifax, Inc. has a 12 month low of $110.87 and a 12 month high of $143.09.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, April 26th. The credit services provider reported $1.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.03. Equifax had a return on equity of 25.20% and a net margin of 16.62%. The firm had revenue of $832.20 million for the quarter, compared to analyst estimates of $825.14 million. During the same quarter in the prior year, the company posted $1.23 earnings per share. Equifax’s quarterly revenue was up 14.3% on a year-over-year basis. On average, equities analysts forecast that Equifax, Inc. will post $6.06 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, May 25th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.09%. Equifax’s payout ratio is 35.14%.
A number of equities analysts have commented on EFX shares. BidaskClub upgraded shares of Equifax from a “hold” rating to a “buy” rating in a report on Saturday. Argus started coverage on shares of Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 target price for the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $144.00 target price on shares of Equifax in a report on Thursday, March 30th. Atlantic Securities assumed coverage on shares of Equifax in a report on Thursday, March 23rd. They set an “overweight” rating and a $156.00 price objective on the stock. Finally, Stifel Nicolaus upped their price objective on shares of Equifax from $144.00 to $149.00 and gave the company a “buy” rating in a report on Wednesday, March 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $141.50.
In other Equifax news, CFO John W. Gamble, Jr. sold 14,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the sale, the chief financial officer now directly owns 48,578 shares in the company, valued at $6,627,982.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.29% of the stock is currently owned by 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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