DNB Asset Management AS Increases Stock Position in Equifax Inc. (NYSE:EFX)

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DNB Asset Management AS increased its position in Equifax Inc. (NYSE:EFX) by 5.3% in the third quarter, Holdings Channel.com reports. The fund owned 21,221 shares of the credit services provider’s stock after purchasing an additional 1,076 shares during the period. DNB Asset Management AS’s holdings in Equifax were worth $2,985,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EFX. NuWave Investment Management LLC raised its holdings in Equifax by 933.3% in the 2nd quarter. NuWave Investment Management LLC now owns 186 shares of the credit services provider’s stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Rational Advisors LLC raised its holdings in Equifax by 933.3% in the 2nd quarter. Rational Advisors LLC now owns 186 shares of the credit services provider’s stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Commonwealth Bank of Australia raised its holdings in Equifax by 36.3% in the 2nd 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. CSat Investment Advisory L.P. raised its holdings in Equifax by 57.8% in the 2nd 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. Finally, Advisory Services Network LLC raised its holdings in Equifax by 122.6% in the 2nd quarter. Advisory Services Network LLC now owns 345 shares of the credit services provider’s stock worth $47,000 after acquiring an additional 190 shares during the last quarter. Institutional investors own 95.60% of the company’s stock.

A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of Equifax from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Morgan Stanley boosted their price objective on shares of Equifax from $129.00 to $131.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. TD Securities upgraded shares of Equifax to a “buy” rating in a report on Wednesday, September 4th. Stephens boosted their price objective on shares of Equifax from $130.00 to $131.00 and gave the stock an “equal weight” rating in a report on Friday, July 26th. Finally, Royal Bank of Canada assumed coverage on shares of Equifax in a report on Wednesday, July 3rd. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. Equifax currently has a consensus rating of “Hold” and a consensus target price of $130.91.

Shares of EFX opened at $144.68 on Friday. The firm has a market cap of $17.73 billion, a PE ratio of 24.99, a P/E/G ratio of 3.04 and a beta of 1.22. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09. The firm has a fifty day simple moving average of $142.26 and a two-hundred day simple moving average of $133.94. Equifax Inc. has a 1-year low of $88.68 and a 1-year high of $148.59.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 24th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.04. The business had revenue of $880.00 million during the quarter, compared to analyst estimates of $873.74 million. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.56 EPS. As a group, research analysts forecast that Equifax Inc. will post 5.59 EPS for the current fiscal year.

Equifax Profile

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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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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