Equifax Inc. (EFX) Position Boosted by SG Americas Securities LLC
SG Americas Securities LLC lifted its holdings in shares of Equifax Inc. (NYSE:EFX) by 8.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,499 shares of the credit services provider’s stock after acquiring an additional 590 shares during the quarter. SG Americas Securities LLC’s holdings in Equifax were worth $938,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. Wells Fargo & Company MN grew its stake in Equifax by 41.5% in the 1st quarter. Wells Fargo & Company MN now owns 321,149 shares of the credit services provider’s stock worth $37,836,000 after acquiring an additional 94,239 shares during the period. Commerzbank Aktiengesellschaft FI purchased a new stake in Equifax in the 1st quarter worth approximately $320,000. Atria Investments LLC grew its stake in shares of Equifax by 10.7% during the 1st quarter. Atria Investments LLC now owns 5,780 shares of the credit services provider’s stock valued at $681,000 after buying an additional 560 shares during the period. Mackay Shields LLC purchased a new stake in shares of Equifax during the 1st quarter valued at $2,381,000. Finally, M&T Bank Corp grew its stake in shares of Equifax by 11.2% during the 1st quarter. M&T Bank Corp now owns 14,447 shares of the credit services provider’s stock valued at $1,703,000 after buying an additional 1,453 shares during the period. Institutional investors own 92.58% of the company’s stock.
Shares of Equifax stock opened at $135.91 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.40 and a quick ratio of 1.40. Equifax Inc. has a twelve month low of $89.59 and a twelve month high of $137.00. The firm has a market cap of $16.20 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 3.07 and a beta of 0.86.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 24th will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, August 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.15%. Equifax’s dividend payout ratio (DPR) is 26.13%.
Several analysts have recently issued reports on EFX shares. JPMorgan Chase & Co. boosted their price objective on shares of Equifax from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, July 27th. ValuEngine raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Friday, July 20th. Finally, Morgan Stanley lowered their price objective on shares of Equifax from $120.00 to $117.00 and set an “equal weight” rating for the company in a research note on Thursday, July 26th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Equifax has a consensus rating of “Hold” and an average target price of $123.54.
Equifax Company Profile
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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