Equifax, Inc. (EFX) Shares Bought by BNP Paribas Arbitrage SA
BNP Paribas Arbitrage SA increased its holdings in shares of Equifax, Inc. (NYSE:EFX) by 54.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,038 shares of the credit services provider’s stock after acquiring an additional 22,946 shares during the period. BNP Paribas Arbitrage SA owned about 0.05% of Equifax worth $6,893,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in EFX. Bank of Montreal Can boosted its position in Equifax by 22.1% in the 2nd quarter. Bank of Montreal Can now owns 72,450 shares of the credit services provider’s stock valued at $9,956,000 after buying an additional 13,108 shares during the last quarter. LS Investment Advisors LLC boosted its position in Equifax by 3.4% in the 2nd quarter. LS Investment Advisors LLC now owns 4,705 shares of the credit services provider’s stock valued at $647,000 after buying an additional 156 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in Equifax by 1.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 7,500 shares of the credit services provider’s stock valued at $1,031,000 after buying an additional 100 shares during the last quarter. Aperio Group LLC boosted its position in Equifax by 7.3% in the 2nd quarter. Aperio Group LLC now owns 33,780 shares of the credit services provider’s stock valued at $4,642,000 after buying an additional 2,308 shares during the last quarter. Finally, State Treasurer State of Michigan boosted its position in Equifax by 0.4% in the 2nd quarter. State Treasurer State of Michigan now owns 48,846 shares of the credit services provider’s stock valued at $6,712,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 87.25% of the company’s stock.
EFX has been the topic of a number of recent research reports. J P Morgan Chase & Co reiterated a “buy” rating on shares of Equifax in a research report on Friday, September 8th. SunTrust Banks, Inc. raised their price target on Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. Morgan Stanley raised their price objective on Equifax from $127.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 14th. Evercore ISI reaffirmed a “buy” rating and set a $174.00 price objective on shares of Equifax in a research note on Saturday, September 9th. Finally, Wells Fargo & Company raised Equifax from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $135.00 to $127.00 in a research note on Friday, September 22nd. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $128.07.
Shares of Equifax, Inc. (NYSE EFX) opened at $109.58 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67. Equifax, Inc. has a 1 year low of $89.59 and a 1 year high of $147.02. The firm has a market cap of $13,233.95, a P/E ratio of 18.40, a PEG ratio of 1.86 and a beta of 0.93.
Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.04. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The company had revenue of $834.80 million during the quarter, compared to the consensus estimate of $847.28 million. During the same period in the previous year, the business earned $1.44 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. analysts predict that Equifax, Inc. will post 5.93 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 annualized dividend and a yield of 1.42%. Equifax’s dividend payout ratio is currently 35.29%.
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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