Deutsche Bank AG lowered its holdings in shares of Equifax Inc. (NYSE:EFX) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,273 shares of the credit services provider’s stock after selling 37,827 shares during the quarter. Deutsche Bank AG owned 0.14% of Equifax worth $19,484,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in EFX. Nationwide Fund Advisors raised its position in shares of Equifax by 9.8% during the third quarter. Nationwide Fund Advisors now owns 36,888 shares of the credit services provider’s stock worth $3,910,000 after purchasing an additional 3,285 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Equifax by 73.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,108 shares of the credit services provider’s stock valued at $541,000 after buying an additional 2,160 shares during the last quarter. Quantbot Technologies LP raised its position in Equifax by 72.3% in the 3rd quarter. Quantbot Technologies LP now owns 4,496 shares of the credit services provider’s stock valued at $476,000 after buying an additional 1,886 shares during the last quarter. Commonwealth Equity Services Inc raised its position in Equifax by 13.9% in the 3rd quarter. Commonwealth Equity Services Inc now owns 14,833 shares of the credit services provider’s stock valued at $1,572,000 after buying an additional 1,812 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in Equifax by 243.4% in the 3rd quarter. SG Americas Securities LLC now owns 18,061 shares of the credit services provider’s stock valued at $1,914,000 after buying an additional 12,802 shares during the last quarter. 93.36% of the stock is currently owned by institutional investors.
EFX has been the topic of a number of recent research reports. Barclays lowered Equifax from an “overweight” rating to an “equal weight” rating and lifted their target price for the company from $115.00 to $128.00 in a research report on Thursday, December 14th. Robert W. Baird reissued a “buy” rating and issued a $137.00 target price on shares of Equifax in a research report on Tuesday, January 9th. Zacks Investment Research lowered Equifax from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Royal Bank of Canada lifted their target price on Equifax to $126.00 and gave the company a “sector perform” rating in a research report on Friday, January 19th. Finally, Morgan Stanley lifted their target price on Equifax from $112.00 to $119.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Equifax has an average rating of “Hold” and an average price target of $128.21.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, March 1st. The credit services provider reported $1.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.04. The firm had revenue of $838.50 million for the quarter, compared to analyst estimates of $825.70 million. Equifax had a return on equity of 23.31% and a net margin of 17.47%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.42 EPS. sell-side analysts forecast that Equifax Inc. will post 5.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Friday, March 9th. Equifax’s dividend payout ratio (DPR) is 32.30%.
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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