Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Equifax Inc. (NYSE:EFX – Free Report) by 15.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,675 shares of the credit services provider’s stock after buying an additional 3,285 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Equifax were worth $4,520,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC bought a new position in Equifax during the third quarter worth about $27,000. Eagle Bay Advisors LLC bought a new position in Equifax during the second quarter worth about $29,000. Geneos Wealth Management Inc. lifted its holdings in shares of Equifax by 70.8% during the 3rd quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 80 shares in the last quarter. Smithfield Trust Co lifted its holdings in shares of Equifax by 55.5% during the 3rd quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 71 shares in the last quarter. Finally, Impact Partnership Wealth LLC bought a new position in shares of Equifax during the 3rd quarter valued at about $44,000. Institutional investors own 98.37% of the company’s stock.
Equifax Stock Down 1.1 %
NYSE:EFX opened at $249.18 on Monday. The firm has a market capitalization of $30.70 billion, a price-to-earnings ratio of 56.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.50. Equifax Inc. has a twelve month low of $159.95 and a twelve month high of $255.00. The stock’s 50 day moving average price is $242.71 and its two-hundred day moving average price is $210.01. The company has a quick ratio of 1.01, a current ratio of 0.67 and a debt-to-equity ratio of 1.04.
Equifax Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.39 per share. The ex-dividend date is Thursday, February 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.63%. Equifax’s dividend payout ratio is currently 35.45%.
Analyst Ratings Changes
EFX has been the topic of several recent analyst reports. Jefferies Financial Group upgraded Equifax from a “hold” rating to a “buy” rating and lifted their price objective for the company from $200.00 to $315.00 in a report on Monday, December 18th. Morgan Stanley cut their price objective on Equifax from $204.00 to $196.00 and set an “equal weight” rating on the stock in a report on Friday, October 20th. The Goldman Sachs Group lifted their target price on Equifax from $195.00 to $222.00 and gave the company a “neutral” rating in a research report on Friday, December 29th. Oppenheimer started coverage on Equifax in a research report on Tuesday, December 19th. They issued an “outperform” rating and a $273.00 target price on the stock. Finally, TheStreet raised Equifax from a “c+” rating to a “b-” rating in a research report on Friday, December 29th. Four analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $261.53.
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
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