Equifax, Inc. (EFX) Holdings Cut by Atlanta Capital Management Co. L L C
Atlanta Capital Management Co. L L C decreased its holdings in shares of Equifax, Inc. (NYSE:EFX) by 98.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,977 shares of the credit services provider’s stock after selling 231,425 shares during the quarter. Atlanta Capital Management Co. L L C’s holdings in Equifax were worth $316,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Flagship Harbor Advisors LLC grew its stake in shares of Equifax by 0.3% in the second quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock valued at $424,000 after buying an additional 8 shares in the last quarter. Brighton Jones LLC grew its stake in shares of Equifax by 0.3% in the second quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after buying an additional 8 shares in the last quarter. Sawtooth Solutions LLC grew its stake in shares of Equifax by 0.6% in the second quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock valued at $245,000 after buying an additional 11 shares in the last quarter. YorkBridge Wealth Partners LLC grew its stake in shares of Equifax by 5.0% in the second quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock valued at $108,000 after buying an additional 37 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Equifax by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,931 shares of the credit services provider’s stock valued at $1,227,000 after buying an additional 37 shares in the last quarter. 95.45% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus reaffirmed a “buy” rating and issued a $149.00 price objective on shares of Equifax in a research note on Tuesday, September 26th. Wells Fargo & Company raised Equifax from a “market perform” rating to an “outperform” rating and dropped their price objective for the company from $135.00 to $127.00 in a research note on Friday, September 22nd. SunTrust Banks lifted their price objective on Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. Stephens reaffirmed a “hold” rating and issued a $110.00 price objective (down from $145.00) on shares of Equifax in a research note on Thursday, September 14th. Finally, Goldman Sachs Group assumed coverage on Equifax in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $116.00 price objective for the company. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Equifax presently has a consensus rating of “Buy” and an average price target of $128.07.
Equifax, Inc. (NYSE:EFX) traded up $0.57 during trading hours on Friday, reaching $117.40. The company had a trading volume of 1,140,646 shares, compared to its average volume of 1,107,023. The stock has a market capitalization of $14,097.28, a price-to-earnings ratio of 19.60, a PEG ratio of 1.98 and a beta of 0.94. Equifax, Inc. has a 52-week low of $89.59 and a 52-week high of $147.02. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67.
Equifax (NYSE:EFX) last released its earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. The firm had revenue of $834.80 million during the quarter, compared to analyst estimates of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. Equifax’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business posted $1.44 earnings per share. equities analysts anticipate that Equifax, Inc. will post 5.93 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio (DPR) is 35.29%.
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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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