Equifax Inc. (EFX) Sets New 1-Year High at $133.63
Equifax Inc. (NYSE:EFX) reached a new 52-week high on Tuesday . The stock traded as high as $133.63 and last traded at $132.91, with a volume of 222,774 shares. The stock had previously closed at $132.45.
EFX has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $136.00 price objective on shares of Equifax in a report on Wednesday, June 15th. Barclays PLC reaffirmed a “buy” rating on shares of Equifax in a report on Saturday, April 30th. Morgan Stanley reaffirmed a “buy” rating and issued a $128.00 price objective on shares of Equifax in a report on Friday, April 29th. Stifel Nicolaus upped their price objective on shares of Equifax from $120.00 to $126.00 and gave the stock a “buy” rating in a report on Tuesday, April 12th. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Equifax in a report on Thursday, June 16th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $122.33.
The stock has a 50 day moving average of $126.04 and a 200-day moving average of $114.38. The company has a market cap of $15.88 billion and a PE ratio of 36.34.
Equifax (NYSE:EFX) last announced its earnings results on Wednesday, April 27th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.15 by $0.08. During the same period in the prior year, the business posted $1.07 EPS. The firm earned $728.30 million during the quarter, compared to analyst estimates of $699.06 million. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. Analysts expect that Equifax Inc. will post $5.21 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Wednesday, May 25th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. The ex-dividend date was Monday, May 23rd.
In other Equifax news, insider Paulino R. Barros sold 5,050 shares of the business’s stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $125.55, for a total transaction of $634,027.50. Following the transaction, the insider now owns 20,356 shares of the company’s stock, valued at approximately $2,555,695.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark B. Templeton purchased 2,000 shares of the stock in a transaction on Friday, May 6th. The shares were bought at an average cost of $119.67 per share, for a total transaction of $239,340.00. Following the transaction, the director now directly owns 29,359 shares in the company, valued at $3,513,391.53. The disclosure for this purchase can be found here.
Several hedge funds and institutional investors recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Equifax by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 10,140,279 shares of the company’s stock valued at $1,129,323,000 after buying an additional 324,128 shares during the period. Boston Partners raised its position in Equifax by 7.7% in the fourth quarter. Boston Partners now owns 3,073,073 shares of the company’s stock valued at $342,248,000 after buying an additional 219,104 shares during the period. Wells Fargo & Company MN raised its position in Equifax by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 498,377 shares of the company’s stock valued at $55,503,000 after buying an additional 17,263 shares during the period. Principal Financial Group Inc. raised its position in Equifax by 17.7% in the fourth quarter. Principal Financial Group Inc. now owns 380,955 shares of the company’s stock valued at $42,427,000 after buying an additional 57,169 shares during the period. Finally, Standard Life Investments LTD raised its position in Equifax by 167.0% in the fourth quarter. Standard Life Investments LTD now owns 346,185 shares of the company’s stock valued at $38,549,000 after buying an additional 216,506 shares during the period.
Equifax Inc is a provider of 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 Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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