Campbell Capital Management Inc. acquired a new position in shares of Equifax Inc. (NYSE:EFX) during the 4th quarter, Holdings Channel reports. The fund acquired 5,350 shares of the credit services provider’s stock, valued at approximately $750,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of EFX. Meeder Asset Management Inc. increased its stake in Equifax by 1,047.1% during the third quarter. Meeder Asset Management Inc. now owns 195 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 178 shares during the last quarter. Usca Ria LLC bought a new stake in Equifax during the third quarter worth approximately $28,000. Commonwealth Bank of Australia increased its stake in Equifax by 36.3% during the second quarter. Commonwealth Bank of Australia now owns 304 shares of the credit services provider’s stock worth $38,000 after acquiring an additional 81 shares during the last quarter. Cornerstone Advisors Inc. increased its stake in Equifax by 188.4% during the third quarter. Cornerstone Advisors Inc. now owns 274 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 179 shares during the last quarter. Finally, CSat Investment Advisory L.P. increased its stake in Equifax by 57.8% during the second quarter. CSat Investment Advisory L.P. now owns 322 shares of the credit services provider’s stock worth $43,000 after acquiring an additional 118 shares during the last quarter. 93.34% of the stock is currently owned by institutional investors.
In related news, insider J Dann Adams sold 9,392 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $134.72, for a total value of $1,265,290.24. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Prasanna Dhore sold 6,192 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $140.00, for a total value of $866,880.00. The disclosure for this sale can be found here. 0.86% of the stock is owned by corporate insiders.
Several brokerages have weighed in on EFX. ValuEngine cut Equifax from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Morgan Stanley upped their target price on Equifax from $129.00 to $131.00 and gave the company an “equal weight” rating in a research note on Thursday, October 10th. William Blair reaffirmed an “outperform” rating on shares of Equifax in a research note on Friday, October 25th. Jefferies Financial Group assumed coverage on Equifax in a research note on Wednesday, November 27th. They set a “buy” rating on the stock. Finally, Credit Suisse Group upped their target price on Equifax from $150.00 to $157.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. Equifax currently has an average rating of “Hold” and a consensus price target of $134.50.
Shares of EFX traded up $1.70 during mid-day trading on Thursday, reaching $147.98. 703,112 shares of the company’s stock traded hands, compared to its average volume of 778,952. The stock has a market cap of $17.34 billion, a P/E ratio of 25.56, a P/E/G ratio of 2.86 and a beta of 1.19. The stock’s 50-day moving average is $139.43 and its two-hundred day moving average is $139.74. Equifax Inc. has a 12 month low of $95.10 and a 12 month high of $148.59. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.57 and a quick ratio of 0.57.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, October 23rd. The credit services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.04. The firm had revenue of $875.70 million for the quarter, compared to analysts’ expectations of $870.17 million. Equifax had a positive return on equity of 24.39% and a negative net margin of 11.13%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 earnings per share. Research analysts predict that Equifax Inc. will post 5.58 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were paid a $0.39 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $1.56 annualized dividend and a yield of 1.05%. 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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