Macquarie Group Ltd. boosted its stake in shares of Equifax Inc. (NYSE:EFX) by 36.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 120,984 shares of the credit services provider’s stock after buying an additional 32,010 shares during the period. Macquarie Group Ltd. owned approximately 0.10% of Equifax worth $15,137,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Atria Investments LLC raised its holdings in shares of Equifax by 7.5% in the second quarter. Atria Investments LLC now owns 6,216 shares of the credit services provider’s stock valued at $778,000 after purchasing an additional 436 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Equifax by 3.8% in the second quarter. CIBC Asset Management Inc now owns 11,906 shares of the credit services provider’s stock valued at $1,490,000 after purchasing an additional 436 shares during the last quarter. Homrich & Berg raised its holdings in shares of Equifax by 8.6% in the second quarter. Homrich & Berg now owns 5,502 shares of the credit services provider’s stock valued at $688,000 after purchasing an additional 438 shares during the last quarter. Butensky & Cohen Financial Security Inc. raised its holdings in shares of Equifax by 4.1% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 11,375 shares of the credit services provider’s stock valued at $1,423,000 after purchasing an additional 450 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Equifax by 2.5% in the second quarter. Victory Capital Management Inc. now owns 19,136 shares of the credit services provider’s stock valued at $2,394,000 after purchasing an additional 463 shares during the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.
Shares of NYSE:EFX traded up $4.53 during midday trading on Friday, hitting $123.05. The stock had a trading volume of 1,803,233 shares, compared to its average volume of 1,010,514. Equifax Inc. has a 12 month low of $105.31 and a 12 month high of $138.69. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $15.72 billion, a PE ratio of 20.61, a P/E/G ratio of 2.97 and a beta of 0.88.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, July 25th. The credit services provider reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.02. Equifax had a net margin of 14.76% and a return on equity of 22.03%. The business had revenue of $876.90 million during the quarter, compared to analysts’ expectations of $886.00 million. During the same period last year, the business earned $1.60 earnings per share. The firm’s revenue was up 2.4% on a year-over-year basis. On average, equities analysts predict that Equifax Inc. will post 5.85 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 24th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, August 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.27%. Equifax’s dividend payout ratio (DPR) is 26.13%.
A number of research firms have recently issued reports on EFX. Zacks Investment Research downgraded shares of Equifax from a “hold” rating to a “sell” rating in a report on Wednesday, June 27th. Wells Fargo & Co raised their target price on shares of Equifax from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 1st. ValuEngine cut shares of Equifax from a “hold” rating to a “sell” rating in a research note on Thursday, July 26th. Morgan Stanley decreased their target price on shares of Equifax from $120.00 to $117.00 and set an “equal weight” rating for the company in a research note on Thursday, July 26th. Finally, JPMorgan Chase & Co. raised their target price on shares of Equifax from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, July 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $129.40.
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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