Royal Bank of Scotland Group PLC lowered its stake in shares of Equifax, Inc. (NYSE:EFX) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,823 shares of the credit services provider’s stock after selling 1,898 shares during the period. Equifax accounts for approximately 1.0% of Royal Bank of Scotland Group PLC’s portfolio, making the stock its 25th largest position. Royal Bank of Scotland Group PLC’s holdings in Equifax were worth $4,898,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in EFX. Arrowpoint Asset Management LLC raised its position in Equifax by 16.4% in the fourth quarter. Arrowpoint Asset Management LLC now owns 16,916 shares of the credit services provider’s stock valued at $2,000,000 after buying an additional 2,385 shares in the last quarter. Flinton Capital Management LLC acquired a new position in Equifax during the fourth quarter valued at approximately $426,000. Renaissance Technologies LLC raised its position in Equifax by 1,670.2% in the fourth quarter. Renaissance Technologies LLC now owns 327,395 shares of the credit services provider’s stock valued at $38,708,000 after buying an additional 308,900 shares in the last quarter. First Allied Advisory Services Inc. raised its position in Equifax by 20.2% in the fourth quarter. First Allied Advisory Services Inc. now owns 2,319 shares of the credit services provider’s stock valued at $274,000 after buying an additional 389 shares in the last quarter. Finally, Pacad Investment Ltd. acquired a new position in Equifax during the fourth quarter valued at approximately $686,000. 89.96% of the stock is currently owned by institutional investors.
Equifax, Inc. (NYSE EFX) traded down 1.02% during midday trading on Tuesday, hitting $140.35. 218,211 shares of the stock traded hands. The firm’s 50-day moving average is $137.20 and its 200-day moving average is $129.59. The company has a market cap of $16.87 billion, a price-to-earnings ratio of 31.54 and a beta of 0.89. Equifax, Inc. has a 52-week low of $110.87 and a 52-week high of $144.01.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, April 26th. The credit services provider reported $1.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $0.03. The business had revenue of $832.20 million during the quarter, compared to analyst estimates of $825.14 million. Equifax had a net margin of 16.62% and a return on equity of 25.20%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.23 earnings per share. Analysts predict that Equifax, Inc. will post $6.06 EPS for the current year.
The company also recently declared 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. This represents a $1.56 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend was Tuesday, May 23rd. Equifax’s payout ratio is 35.14%.
Several equities analysts recently commented on the stock. BidaskClub raised shares of Equifax from a “hold” rating to a “buy” rating in a report on Saturday. Atlantic Securities assumed coverage on shares of Equifax in a report on Thursday, March 23rd. They set an “overweight” rating and a $156.00 target price on the stock. Argus assumed coverage on shares of Equifax in a report on Tuesday, June 13th. They set a “buy” rating and a $166.00 target price on the stock. Stephens lowered shares of Equifax from an “overweight” rating to an “equal weight” rating in a report on Friday, April 28th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $144.00 price target on shares of Equifax in a report on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The stock 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 stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the completion of the sale, the chief financial officer now directly owns 48,578 shares of the company’s stock, valued at $6,627,982.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.29% of the company’s stock.
Equifax Company Profile
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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