Stonerise Capital Management LLC Acquires New Stake in Equifax Inc. (EFX)
Stonerise Capital Management LLC acquired a new position in shares of Equifax Inc. (NYSE:EFX) in the 4th quarter, HoldingsChannel reports. The fund acquired 26,000 shares of the credit services provider’s stock, valued at approximately $3,066,000. Equifax makes up 4.2% of Stonerise Capital Management LLC’s investment portfolio, making the stock its 9th biggest position.
Several other hedge funds have also recently bought and sold shares of the company. WINTON GROUP Ltd raised its holdings in Equifax by 28.0% during the fourth quarter. WINTON GROUP Ltd now owns 4,658 shares of the credit services provider’s stock worth $549,000 after acquiring an additional 1,020 shares in the last quarter. Geode Capital Management LLC raised its holdings in Equifax by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 1,221,446 shares of the credit services provider’s stock worth $143,716,000 after acquiring an additional 37,388 shares in the last quarter. Amalgamated Bank raised its holdings in Equifax by 9.5% during the fourth quarter. Amalgamated Bank now owns 15,742 shares of the credit services provider’s stock worth $1,856,000 after acquiring an additional 1,368 shares in the last quarter. Mackenzie Financial Corp raised its holdings in Equifax by 280.1% during the fourth quarter. Mackenzie Financial Corp now owns 973,410 shares of the credit services provider’s stock worth $114,785,000 after acquiring an additional 717,320 shares in the last quarter. Finally, RBO & Co. LLC raised its holdings in Equifax by 62.0% during the fourth quarter. RBO & Co. LLC now owns 54,076 shares of the credit services provider’s stock worth $6,377,000 after acquiring an additional 20,701 shares in the last quarter. 89.68% of the stock is owned by institutional investors.
Shares of Equifax Inc. (NYSE:EFX) opened at $117.23 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. The stock has a market capitalization of $14,082.14, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 2.00 and a beta of 0.99. Equifax Inc. has a 52 week low of $89.59 and a 52 week high of $147.02.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.56 annualized dividend and a yield of 1.33%. Equifax’s dividend payout ratio is 32.30%.
Several analysts recently issued reports on EFX shares. Goldman Sachs Group started coverage on Equifax in a report on Wednesday, November 8th. They set a “neutral” rating and a $116.00 target price on the stock. Stifel Nicolaus lowered Equifax from a “buy” rating to a “hold” rating and dropped their target price for the stock from $149.00 to $115.00 in a report on Monday, November 13th. Royal Bank of Canada upped their target price on Equifax from $113.00 to $114.00 and gave the stock a “sector perform” rating in a report on Monday, November 13th. Zacks Investment Research upgraded Equifax from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, Barclays lowered Equifax from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $115.00 to $128.00 in a report on Thursday, December 14th. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” 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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