Valeo Financial Advisors LLC Buys New Holdings in Equifax, Inc. (EFX)
Valeo Financial Advisors LLC bought a new position in Equifax, Inc. (NYSE:EFX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,230 shares of the credit services provider’s stock, valued at approximately $130,000.
Several other institutional investors have also bought and sold shares of EFX. YorkBridge Wealth Partners LLC increased its holdings in shares of Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after purchasing an additional 37 shares in the last quarter. Sun Life Financial INC increased its holdings in shares of Equifax by 9,722.2% in the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock worth $121,000 after purchasing an additional 875 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Equifax by 24.6% in 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 in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Equifax in the 3rd quarter worth $134,000. Finally, ETF Managers Group LLC bought a new stake in shares of Equifax in the 2nd quarter worth $137,000. 95.45% of the stock is owned by institutional investors and hedge funds.
Shares of Equifax, Inc. (EFX) opened at $117.40 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.64. Equifax, Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a market capitalization of $14,193.38, a price-to-earnings ratio of 19.73, a P/E/G ratio of 1.99 and a beta of 0.94.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The company had revenue of $834.80 million during the quarter, compared to analyst estimates of $847.28 million. During the same quarter in the previous year, the company posted $1.44 earnings per share. Equifax’s revenue was up 3.8% compared to the same quarter last year. analysts forecast that Equifax, Inc. will post 5.93 EPS for the current fiscal year.
The business 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 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio is presently 35.29%.
A number of analysts have commented on EFX shares. Stifel Nicolaus reissued a “buy” rating and issued a $149.00 target price on shares of Equifax in a report on Friday, September 8th. Zacks Investment Research raised Equifax from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 14th. Royal Bank of Canada lowered Equifax from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $109.40 to $113.00 in a report on Monday, October 23rd. Morgan Stanley cut their price objective on Equifax from $144.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, September 8th. Finally, Wells Fargo & Company set a $127.00 price objective on Equifax and gave the stock a “buy” rating in a report on Friday, October 6th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Equifax has an average rating of “Hold” and an average price target of $128.07.
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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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