Shapiro Capital Management LLC held its position in Equifax, Inc. (NYSE:EFX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,800 shares of the credit services provider’s stock at the end of the 2nd quarter. Shapiro Capital Management LLC’s holdings in Equifax were worth $247,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Equifax by 3.4% during the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock valued at $1,563,429,000 after purchasing an additional 373,774 shares in the last quarter. BlackRock Inc. raised its stake in Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock valued at $1,365,099,000 after purchasing an additional 653,096 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Equifax by 3.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,997,177 shares of the credit services provider’s stock valued at $820,055,000 after purchasing an additional 212,392 shares in the last quarter. Wellington Management Group LLP raised its stake in Equifax by 2.6% during the first quarter. Wellington Management Group LLP now owns 5,351,242 shares of the credit services provider’s stock valued at $731,730,000 after purchasing an additional 134,056 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Equifax by 13.2% during the second quarter. JPMorgan Chase & Co. now owns 1,491,995 shares of the credit services provider’s stock valued at $205,030,000 after purchasing an additional 174,149 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.
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A number of equities research analysts recently issued reports on EFX shares. SunTrust Banks, Inc. upped their price target on shares of Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. BidaskClub raised shares of Equifax from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Argus started coverage on shares of Equifax in a research note on Tuesday, June 13th. They set a “buy” rating and a $166.00 price target on the stock. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Equifax in a research note on Friday, September 8th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Equifax in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $133.73.
Shares of Equifax, Inc. (EFX) traded down 1.20% during midday trading on Wednesday, hitting $93.73. 2,939,115 shares of the stock traded hands. Equifax, Inc. has a 12-month low of $89.59 and a 12-month high of $147.02. The company’s 50 day moving average price is $133.48 and its 200-day moving average price is $136.54. The stock has a market cap of $11.28 billion, a price-to-earnings ratio of 19.85 and a beta of 0.93.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business had revenue of $856.70 million for the quarter, compared to analyst estimates of $860.48 million. During the same quarter in the previous year, the firm earned $1.43 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts expect that Equifax, Inc. will post $6.01 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.64%. Equifax’s dividend payout ratio is presently 33.05%.
In other news, insider Rodolfo O. Ploder sold 1,719 shares of Equifax stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total transaction of $250,458.30. Following the transaction, the insider now owns 43,648 shares in the company, valued at approximately $6,359,513.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO John W. Gamble, Jr. sold 6,500 shares of Equifax stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the transaction, the chief financial officer now owns 42,078 shares in the company, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,219 shares of company stock worth $1,780,938. Insiders own 1.29% of the company’s stock.
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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