Private Trust Co. NA raised its position in Equifax Inc. (NYSE:EFX) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,589 shares of the credit services provider’s stock after buying an additional 128 shares during the quarter. Private Trust Co. NA’s holdings in Equifax were worth $445,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in shares of Equifax in the fourth quarter valued at $5,321,000. Orion Portfolio Solutions LLC purchased a new position in shares of Equifax in the fourth quarter valued at $27,000. Perennial Advisors LLC purchased a new position in shares of Equifax in the first quarter valued at $30,000. CSat Investment Advisory L.P. grew its position in shares of Equifax by 42.5% in the fourth quarter. CSat Investment Advisory L.P. now owns 429 shares of the credit services provider’s stock valued at $60,000 after purchasing an additional 128 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Equifax by 33.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 472 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 95.00% of the company’s stock.
In other news, insider John J. Kelley III sold 12,500 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $148.32, for a total value of $1,854,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.87% of the company’s stock.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Monday, April 20th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.11. Equifax had a return on equity of 27.87% and a net margin of 7.45%. The firm had revenue of $957.90 million during the quarter, compared to analyst estimates of $907.27 million. During the same quarter in the previous year, the company posted $1.20 earnings per share. The company’s revenue was up 13.2% compared to the same quarter last year. As a group, research analysts expect that Equifax Inc. will post 5.13 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.92%. The ex-dividend date was Thursday, May 21st. Equifax’s dividend payout ratio (DPR) is currently 27.76%.
Several equities analysts have recently weighed in on EFX shares. Stephens reiterated a “hold” rating and issued a $166.00 price target on shares of Equifax in a research report on Tuesday, April 21st. Cfra reduced their price target on Equifax from $173.00 to $141.00 and set a “hold” rating for the company in a research report on Tuesday, April 21st. Credit Suisse Group lifted their price target on Equifax from $142.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Atlantic Securities cut Equifax from an “overweight” rating to a “neutral” rating and set a $151.00 price target for the company. in a research report on Friday, May 15th. Finally, Deutsche Bank reduced their price target on Equifax from $135.00 to $116.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. Equifax presently has an average rating of “Hold” and an average price target of $158.50.
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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