3,363 Shares in Equifax, Inc. (EFX) Acquired by Commerzbank Aktiengesellschaft FI
Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Equifax, Inc. (NYSE:EFX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,363 shares of the credit services provider’s stock, valued at approximately $356,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rothschild Asset Management Inc. boosted its position in Equifax by 4.6% during the 2nd quarter. Rothschild Asset Management Inc. now owns 3,006 shares of the credit services provider’s stock worth $413,000 after purchasing an additional 133 shares during the period. Korea Investment CORP boosted its position in Equifax by 4,596.9% during the 2nd quarter. Korea Investment CORP now owns 21,512 shares of the credit services provider’s stock worth $2,956,000 after purchasing an additional 21,054 shares during the period. IFP Advisors Inc boosted its position in Equifax by 24.6% during the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock worth $128,000 after purchasing an additional 183 shares during the period. HL Financial Services LLC purchased a new stake in Equifax during the 2nd quarter worth $354,000. Finally, Canada Pension Plan Investment Board boosted its position in Equifax by 68.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 75,417 shares of the credit services provider’s stock worth $10,364,000 after purchasing an additional 30,598 shares during the period. 95.45% of the stock is owned by institutional investors.
A number of analysts recently weighed in on EFX shares. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Equifax in a research report on Friday, September 8th. Morgan Stanley cut their price objective on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, September 8th. Stifel Nicolaus reiterated a “buy” rating and issued a $149.00 price objective on shares of Equifax in a report on Friday, September 8th. Evercore ISI reiterated a “buy” rating and issued a $174.00 price objective on shares of Equifax in a report on Saturday, September 9th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $141.00 price objective on shares of Equifax in a report on Tuesday, September 12th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $128.07.
Shares of Equifax, Inc. (NYSE EFX) traded up $0.57 during mid-day trading on Monday, reaching $117.40. 1,143,700 shares of the company’s stock were exchanged, compared to its average volume of 1,592,153. The firm has a market cap of $14,100.00, a price-to-earnings ratio of 19.60, a P/E/G ratio of 1.98 and a beta of 0.94. 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 52-week low of $89.59 and a 52-week high of $147.02.
Equifax (NYSE:EFX) last issued its earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.04. The business had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.44 EPS. research analysts predict that Equifax, Inc. will post 5.93 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be paid a $0.39 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.33%. Equifax’s dividend payout ratio (DPR) is presently 35.21%.
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Equifax Company Profile
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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