Equifax Inc. (NYSE:EFX) Holdings Cut by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC reduced its stake in shares of Equifax Inc. (NYSE:EFX) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,059 shares of the credit services provider’s stock after selling 239 shares during the period. Integrated Wealth Concepts LLC’s holdings in Equifax were worth $1,035,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new position in shares of Equifax during the 4th quarter valued at about $25,000. Central Pacific Bank Trust Division bought a new position in shares of Equifax in the fourth quarter valued at approximately $35,000. Spire Wealth Management grew its position in shares of Equifax by 98.7% in the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 75 shares during the last quarter. Generali Asset Management SPA SGR bought a new position in Equifax in the 4th quarter worth approximately $39,000. Finally, Atala Financial Inc acquired a new position in shares of Equifax during the fourth quarter worth approximately $49,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. BNP Paribas lowered shares of Equifax from an “outperform” rating to a “neutral” rating and set a $265.00 target price on the stock. in a research report on Friday, March 14th. Morgan Stanley decreased their target price on Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. William Blair reaffirmed an “outperform” rating on shares of Equifax in a report on Friday, February 7th. Oppenheimer decreased their price objective on Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Finally, Barclays restated an “equal weight” rating and issued a $260.00 target price (down from $325.00) on shares of Equifax in a research note on Friday, April 4th. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $292.00.

Equifax Price Performance

Shares of EFX stock opened at $258.97 on Wednesday. The stock’s fifty day moving average is $236.97 and its 200-day moving average is $253.36. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 0.75. Equifax Inc. has a 52 week low of $199.98 and a 52 week high of $309.63. The stock has a market capitalization of $32.16 billion, a PE ratio of 53.62, a PEG ratio of 2.79 and a beta of 1.65.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Tuesday, April 22nd. The credit services provider reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.08. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Equities research analysts expect that Equifax Inc. will post 7.58 EPS for the current fiscal year.

Equifax Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be issued a $0.50 dividend. This is a boost from Equifax’s previous quarterly dividend of $0.39. The ex-dividend date is Friday, May 23rd. This represents a $2.00 annualized dividend and a yield of 0.77%. Equifax’s dividend payout ratio (DPR) is currently 40.90%.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.