Equifax Inc. (EFX) Position Lifted by Hsbc Holdings PLC

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Hsbc Holdings PLC increased its stake in Equifax Inc. (NYSE:EFX) by 21.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,152 shares of the credit services provider’s stock after buying an additional 11,318 shares during the period. Hsbc Holdings PLC owned 0.05% of Equifax worth $6,068,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new position in shares of Equifax in the 4th quarter worth approximately $34,000. Exane Asset Management purchased a new position in shares of Equifax in the 4th quarter worth approximately $41,000. Doyle Wealth Management purchased a new position in shares of Equifax in the 4th quarter worth approximately $53,000. Rational Advisors LLC grew its position in shares of Equifax by 1,172.7% in the 4th quarter. Rational Advisors LLC now owns 700 shares of the credit services provider’s stock worth $65,000 after buying an additional 645 shares during the last quarter. Finally, Ropes Wealth Advisors LLC purchased a new position in shares of Equifax in the 4th quarter worth approximately $70,000. 93.39% of the stock is currently owned by institutional investors.

EFX stock opened at $110.32 on Friday. The company has a market capitalization of $13.47 billion, a P/E ratio of 19.05, a P/E/G ratio of 2.30 and a beta of 1.23. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. Equifax Inc. has a 52 week low of $88.68 and a 52 week high of $138.69.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, February 20th. The credit services provider reported $1.38 EPS for the quarter, beating the consensus estimate of $1.32 by $0.06. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The business had revenue of $835.30 million during the quarter, compared to analysts’ expectations of $841.49 million. During the same period in the previous year, the business posted $1.39 EPS. The business’s quarterly revenue was down .4% compared to the same quarter last year. As a group, equities research analysts forecast that Equifax Inc. will post 5.67 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Tuesday, March 12th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.41%. The ex-dividend date is Monday, March 11th. Equifax’s payout ratio is 26.94%.

A number of brokerages have recently issued reports on EFX. Exane BNP Paribas started coverage on shares of Equifax in a research report on Friday. They issued a “neutral” rating and a $106.00 price objective on the stock. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a research note on Friday, February 22nd. Credit Suisse Group lifted their target price on shares of Equifax from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, February 22nd. SunTrust Banks reiterated a “buy” rating and issued a $125.00 target price on shares of Equifax in a research note on Friday, February 22nd. They noted that the move was a valuation call. Finally, Robert W. Baird reiterated a “buy” rating and issued a $119.00 target price on shares of Equifax in a research note on Friday, February 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $120.80.

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About Equifax

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.

See Also: How Do You Calculate Return on Equity (ROE)?

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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