Signaturefd LLC Boosts Position in Equifax Inc. (NYSE:EFX)

Signaturefd LLC raised its stake in shares of Equifax Inc. (NYSE:EFX) by 12.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,649 shares of the credit services provider’s stock after buying an additional 504 shares during the quarter. Signaturefd LLC’s holdings in Equifax were worth $629,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EFX. FMR LLC grew its holdings in Equifax by 170.6% during the 1st quarter. FMR LLC now owns 1,737,197 shares of the credit services provider’s stock valued at $205,857,000 after buying an additional 1,095,138 shares in the last quarter. Bessemer Group Inc. grew its holdings in Equifax by 101,464.1% during the 2nd quarter. Bessemer Group Inc. now owns 404,225 shares of the credit services provider’s stock valued at $54,669,000 after buying an additional 403,827 shares in the last quarter. New York State Common Retirement Fund grew its holdings in Equifax by 68.3% during the 1st quarter. New York State Common Retirement Fund now owns 618,290 shares of the credit services provider’s stock valued at $73,267,000 after buying an additional 250,960 shares in the last quarter. SG Americas Securities LLC grew its holdings in Equifax by 1,266.6% during the 1st quarter. SG Americas Securities LLC now owns 234,374 shares of the credit services provider’s stock valued at $27,773,000 after buying an additional 217,224 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Equifax by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 1,528,538 shares of the credit services provider’s stock valued at $142,098,000 after buying an additional 112,467 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE EFX traded up $3.29 during midday trading on Tuesday, hitting $143.15. 310,148 shares of the company’s stock were exchanged, compared to its average volume of 924,051. Equifax Inc. has a 12-month low of $88.68 and a 12-month high of $144.46. 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 stock has a market capitalization of $17.13 billion, a P/E ratio of 24.72, a price-to-earnings-growth ratio of 2.89 and a beta of 1.26. The firm has a fifty day moving average price of $138.07.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 24th. The credit services provider reported $1.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.04. Equifax had a positive return on equity of 22.63% and a negative net margin of 12.52%. The company had revenue of $880.00 million during the quarter, compared to analyst estimates of $873.74 million. During the same quarter in the previous year, the firm earned $1.56 earnings per share. Equifax’s revenue was up .4% on a year-over-year basis. On average, equities research analysts forecast that Equifax Inc. will post 5.61 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 23rd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Thursday, August 22nd. Equifax’s payout ratio is 26.94%.

A number of research analysts have weighed in on EFX shares. ValuEngine raised Equifax from a “hold” rating to a “buy” rating in a report on Tuesday, May 28th. Robert W. Baird lifted their target price on Equifax from $129.00 to $153.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Stephens lifted their target price on Equifax from $130.00 to $131.00 and gave the company an “equal weight” rating in a report on Friday, July 26th. SunTrust Banks lifted their target price on Equifax to $155.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Deutsche Bank lifted their target price on Equifax from $110.00 to $136.00 and gave the company a “hold” rating in a report on Tuesday, July 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $130.09.

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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