Price T Rowe Associates Inc. MD Sells 2,872,345 Shares of Equifax Inc. (NYSE:EFX)

Price T Rowe Associates Inc. MD cut its stake in Equifax Inc. (NYSE:EFX) by 26.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,106,774 shares of the credit services provider’s stock after selling 2,872,345 shares during the period. Price T Rowe Associates Inc. MD owned about 6.71% of Equifax worth $1,096,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EFX. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Equifax by 97.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,246 shares of the credit services provider’s stock worth $1,570,000 after purchasing an additional 6,548 shares during the last quarter. Piedmont Investment Advisors Inc. grew its holdings in shares of Equifax by 3.9% in the first quarter. Piedmont Investment Advisors Inc. now owns 4,296 shares of the credit services provider’s stock worth $509,000 after purchasing an additional 162 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Equifax by 90.5% in the first quarter. First Trust Advisors LP now owns 52,098 shares of the credit services provider’s stock worth $6,174,000 after purchasing an additional 24,756 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Equifax by 4.5% in the first quarter. Parametric Portfolio Associates LLC now owns 281,205 shares of the credit services provider’s stock worth $33,323,000 after purchasing an additional 12,187 shares during the last quarter. Finally, Wesbanco Bank Inc. grew its holdings in shares of Equifax by 5.8% in the first quarter. Wesbanco Bank Inc. now owns 8,258 shares of the credit services provider’s stock worth $978,000 after purchasing an additional 450 shares during the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

EFX has been the topic of a number of research analyst reports. Robert W. Baird upped their price target on shares of Equifax from $129.00 to $153.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. SunTrust Banks increased their target price on shares of Equifax to $155.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Morgan Stanley increased their target price on shares of Equifax from $115.00 to $129.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. Royal Bank of Canada started coverage on shares of Equifax in a report on Wednesday, July 3rd. They set an “outperform” rating on the stock. Finally, ValuEngine upgraded shares of Equifax from a “hold” rating to a “buy” rating in a report on Tuesday, May 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $130.09.



Equifax stock traded down $0.22 during midday trading on Tuesday, hitting $140.73. 22,212 shares of the company’s stock were exchanged, compared to its average volume of 603,713. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 0.54. Equifax Inc. has a 12 month low of $88.68 and a 12 month high of $148.59. The firm has a 50-day moving average of $142.70 and a two-hundred day moving average of $130.35. The company has a market cap of $17.05 billion, a PE ratio of 24.42, a P/E/G ratio of 2.89 and a beta of 1.23.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 24th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.04. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The business had revenue of $880.00 million for the quarter, compared to analysts’ expectations of $873.74 million. During the same period last year, the business earned $1.56 EPS. The company’s revenue was up .4% compared to the same quarter last year. As a group, equities analysts expect that Equifax Inc. will post 5.59 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Thursday, August 22nd. Equifax’s dividend payout ratio is currently 26.94%.

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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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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