Pacer Advisors Inc. grew its stake in shares of Equifax, Inc. (NYSE:EFX) by 8.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,500 shares of the credit services provider’s stock after buying an additional 200 shares during the period. Pacer Advisors Inc.’s holdings in Equifax were worth $344,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of EFX. BlackRock Inc. lifted its position in shares of Equifax by 1,540.8% during the 1st quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock valued at $1,269,041,000 after buying an additional 8,715,062 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of Equifax by 99.4% during the 1st quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock valued at $178,454,000 after buying an additional 650,550 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Equifax by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock valued at $1,563,429,000 after buying an additional 373,774 shares in the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in shares of Equifax during the 1st quarter valued at about $39,675,000. Finally, Aviva PLC lifted its position in shares of Equifax by 367.1% during the 2nd quarter. Aviva PLC now owns 345,668 shares of the credit services provider’s stock valued at $47,488,000 after buying an additional 271,660 shares in the last quarter. 90.02% of the stock is currently owned by hedge funds and other institutional investors.
Equifax, Inc. (NYSE EFX) opened at 113.12 on Tuesday. The stock has a market capitalization of $13.62 billion, a PE ratio of 23.96 and a beta of 0.93. The company has a 50-day moving average price of $142.17 and a 200-day moving average price of $138.15. Equifax, Inc. has a 12-month low of $110.87 and a 12-month high of $147.02.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. The company had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. Equifax’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.43 earnings per share. Analysts expect that Equifax, Inc. will post $6.07 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.38%. Equifax’s dividend payout ratio is currently 33.05%.
In other Equifax news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total transaction of $250,458.30. Following the transaction, the insider now owns 43,648 shares in the company, valued at $6,359,513.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the transaction, the chief financial officer now owns 42,078 shares in the company, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. Insiders have sold 12,219 shares of company stock worth $1,780,938 in the last quarter. 1.29% of the stock is currently owned by company insiders.
A number of research analysts have recently weighed in on EFX shares. Morgan Stanley reaffirmed an “equal weight” rating and set a $144.00 price objective (up from $142.00) on shares of Equifax in a research report on Tuesday, July 18th. BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Zacks Investment Research cut Equifax from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Argus started coverage on Equifax in a research report on Tuesday, June 13th. They set a “buy” rating and a $166.00 price objective on the stock. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $160.00 price objective (up from $140.00) on shares of Equifax in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $147.50.
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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