Stevens Capital Management LP Takes Position in Equifax, Inc. (EFX)
Stevens Capital Management LP bought a new position in shares of Equifax, Inc. (NYSE:EFX) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 9,684 shares of the credit services provider’s stock, valued at approximately $1,331,000.
A number of other hedge funds have also made changes to their positions in EFX. BlackRock Inc. grew its stake in Equifax by 1,540.8% during the 1st quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock worth $1,269,041,000 after buying an additional 8,715,062 shares during the last quarter. William Blair Investment Management LLC grew its stake in 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 worth $178,454,000 after buying an additional 650,550 shares during the last quarter. Vanguard Group Inc. grew its stake in Equifax by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock worth $1,563,429,000 after buying an additional 373,774 shares during the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in Equifax during the 1st quarter worth $39,675,000. Finally, Aviva PLC grew its stake in Equifax by 367.1% during the 2nd quarter. Aviva PLC now owns 345,668 shares of the credit services provider’s stock worth $47,488,000 after buying an additional 271,660 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.
WARNING: “Stevens Capital Management LP Takes Position in Equifax, Inc. (EFX)” was posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.dailypolitical.com/2017/09/23/stevens-capital-management-lp-takes-position-in-equifax-inc-efx.html.
In other news, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total transaction of $584,080.00. Following the completion of the transaction, the insider now directly owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Rodolfo O. Ploder sold 1,719 shares of the firm’s 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 directly owns 43,648 shares of the company’s stock, valued at $6,359,513.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,219 shares of company stock valued at $1,780,938. Insiders own 1.29% of the company’s stock.
Several brokerages recently weighed in on EFX. Wells Fargo & Company upgraded Equifax from a “market perform” rating to an “outperform” rating in a research note on Friday. SunTrust Banks, Inc. boosted their target price on Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. Stephens restated a “hold” rating and set a $110.00 target price (down from $145.00) on shares of Equifax in a research note on Thursday, September 14th. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a research note on Friday, September 8th. Finally, Deutsche Bank AG restated a “buy” rating and set a $160.00 target price (up from $140.00) on shares of Equifax in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $133.73.
Shares of Equifax, Inc. (NYSE:EFX) opened at 105.04 on Friday. The firm’s 50-day moving average price is $133.48 and its 200-day moving average price is $136.54. The firm has a market cap of $12.64 billion, a PE ratio of 22.25 and a beta of 0.93. Equifax, Inc. has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The firm had revenue of $856.70 million for the quarter, compared to analyst estimates of $860.48 million. During the same quarter last year, the company posted $1.43 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Analysts expect that Equifax, Inc. will post $6.00 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.49%. Equifax’s payout ratio is 33.05%.
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.
Receive News & Ratings for Equifax Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax Inc. and related companies with MarketBeat.com's FREE daily email newsletter.