Trust Co. of Vermont Continues to Hold Stake in Equifax, Inc. (EFX)
Trust Co. of Vermont held its position in Equifax, Inc. (NYSE:EFX) during the second quarter, Holdings Channel reports. The fund owned 940 shares of the credit services provider’s stock at the end of the second quarter. Trust Co. of Vermont’s holdings in Equifax were worth $129,000 as of its most recent filing with the SEC.
Several other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock valued at $1,269,041,000 after buying an additional 8,715,062 shares in the last quarter. William Blair Investment Management LLC boosted its position in Equifax by 99.4% in the first quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock worth $178,454,000 after buying an additional 650,550 shares during the last quarter. Vanguard Group Inc. boosted its position in Equifax by 3.4% in the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock worth $1,563,429,000 after buying an additional 373,774 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Equifax during the first quarter worth about $39,675,000. Finally, Cantillon Capital Management LLC boosted its position in Equifax by 56.4% in the first quarter. Cantillon Capital Management LLC now owns 789,919 shares of the credit services provider’s stock worth $108,013,000 after buying an additional 284,929 shares during the last quarter. 89.75% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Equifax, Inc. (NYSE EFX) opened at 139.77 on Friday. The stock has a market capitalization of $16.80 billion, a PE ratio of 31.41 and a beta of 0.90. Equifax, Inc. has a one year low of $110.87 and a one year high of $144.01. The firm has a 50 day moving average price of $137.74 and a 200 day moving average price of $130.75.
Equifax (NYSE:EFX) last posted its earnings results on Wednesday, April 26th. The credit services provider reported $1.44 earnings per share (EPS) for the quarter, topping the 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 company had revenue of $832.20 million during the quarter, compared to analysts’ expectations of $825.14 million. During the same quarter last year, the firm earned $1.23 earnings per share. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. Analysts predict that Equifax, Inc. will post $6.07 earnings per share for the current fiscal year.
EFX has been the subject of a number of recent analyst reports. Stifel Nicolaus boosted their price objective on Equifax from $144.00 to $149.00 and gave the company a “buy” rating in a report on Wednesday, March 22nd. Atlantic Securities initiated coverage on Equifax in a report on Thursday, March 23rd. They set an “overweight” rating and a $156.00 price objective for the company. Royal Bank Of Canada restated a “buy” rating and set a $144.00 price objective on shares of Equifax in a report on Thursday, March 30th. Stephens cut Equifax from an “overweight” rating to an “equal weight” rating in a report on Friday, April 28th. Finally, Argus initiated coverage on Equifax in a report on Tuesday, June 13th. They set a “buy” rating and a $166.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $141.50.
In other news, CFO John W. Gamble, Jr. sold 14,000 shares of the firm’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 completion of the transaction, 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 is available at this link. Company insiders own 1.29% of the company’s stock.
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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