Equifax Inc. (NYSE:EFX) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. cut its stake in shares of Equifax Inc. (NYSE:EFX) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 258,274 shares of the credit services provider’s stock after selling 3,813 shares during the quarter. Federated Hermes Inc.’s holdings in Equifax were worth $63,869,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. KB Financial Partners LLC purchased a new stake in shares of Equifax in the 3rd quarter valued at approximately $25,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Equifax during the 3rd quarter valued at $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of Equifax in the second quarter valued at $29,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Equifax in the fourth quarter worth $41,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Equifax by 70.8% in the third quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock worth $35,000 after buying an additional 80 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Equifax Trading Down 8.5 %

Shares of Equifax stock opened at $217.51 on Friday. The stock has a market cap of $27.02 billion, a P/E ratio of 48.44, a P/E/G ratio of 1.87 and a beta of 1.51. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.04. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $275.10. The business’s 50 day moving average is $258.45 and its 200-day moving average is $230.95.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.06. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. Equifax had a net margin of 10.42% and a return on equity of 19.33%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 earnings per share. Equities research analysts predict that Equifax Inc. will post 7.53 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.56 annualized dividend and a yield of 0.72%. Equifax’s dividend payout ratio (DPR) is currently 34.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Evercore ISI raised Equifax from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $210.00 to $310.00 in a research note on Tuesday, February 13th. Bank of America raised shares of Equifax from an “underperform” rating to a “buy” rating and increased their price target for the stock from $164.00 to $300.00 in a research report on Monday, January 8th. Truist Financial boosted their price objective on shares of Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, February 9th. The Goldman Sachs Group decreased their target price on shares of Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Redburn Atlantic downgraded shares of Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target on the stock. in a research note on Thursday, January 11th. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $270.12.

Equifax Company Profile

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.