Allianz Asset Management GmbH cut its position in shares of Equifax Inc. (NYSE:EFX) by 15.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,666 shares of the credit services provider’s stock after selling 16,546 shares during the quarter. Allianz Asset Management GmbH’s holdings in Equifax were worth $10,455,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in EFX. Capital International Investors bought a new position in shares of Equifax during the 3rd quarter valued at about $513,940,000. Iridian Asset Management LLC CT purchased a new stake in Equifax during the 4th quarter valued at about $104,558,000. OppenheimerFunds Inc. boosted its holdings in Equifax by 74.7% during the 4th quarter. OppenheimerFunds Inc. now owns 2,029,934 shares of the credit services provider’s stock valued at $239,369,000 after acquiring an additional 867,664 shares during the period. Mackenzie Financial Corp boosted its holdings in Equifax by 280.1% during the 4th quarter. Mackenzie Financial Corp now owns 973,410 shares of the credit services provider’s stock valued at $114,785,000 after acquiring an additional 717,320 shares during the period. Finally, Meritage Group LP purchased a new stake in Equifax during the 3rd quarter valued at about $50,723,000. Hedge funds and other institutional investors own 92.62% of the company’s stock.
Shares of Equifax Inc. (NYSE:EFX) opened at $124.92 on Monday. Equifax Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a market capitalization of $15,000.00, a P/E ratio of 28.20, a price-to-earnings-growth ratio of 2.11 and a beta of 0.99.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.25%. The ex-dividend date is Friday, March 9th. Equifax’s dividend payout ratio (DPR) is currently 35.21%.
Several equities research analysts recently weighed in on EFX shares. Robert W. Baird restated a “buy” rating and set a $137.00 target price on shares of Equifax in a report on Tuesday, January 9th. SunTrust Banks increased their target price on Equifax to $140.00 and gave the company a “buy” rating in a report on Monday, March 5th. Wells Fargo & Co restated a “buy” rating and set a $132.00 target price (up from $127.00) on shares of Equifax in a report on Monday, March 5th. Barclays dropped their target price on Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a report on Monday, March 5th. Finally, Morgan Stanley increased their target price on Equifax from $112.00 to $119.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $130.07.
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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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