International Assets Investment Management LLC Increases Stock Holdings in Equifax Inc. (NYSE:EFX)

International Assets Investment Management LLC lifted its stake in shares of Equifax Inc. (NYSE:EFX) by 76,913.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 960,362 shares of the credit services provider’s stock after purchasing an additional 959,115 shares during the quarter. International Assets Investment Management LLC owned about 0.78% of Equifax worth $282,212,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. EntryPoint Capital LLC acquired a new stake in shares of Equifax in the 1st quarter worth $30,000. Tortoise Investment Management LLC boosted its holdings in Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 54 shares in the last quarter. Mascoma Wealth Management LLC acquired a new position in Equifax during the 2nd quarter worth approximately $30,000. Crewe Advisors LLC raised its stake in shares of Equifax by 138.2% during the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock worth $32,000 after buying an additional 76 shares in the last quarter. Finally, First Community Trust NA acquired a new stake in shares of Equifax in the 2nd quarter valued at approximately $33,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on EFX. BNP Paribas upgraded Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price objective for the company in a research report on Thursday, September 19th. Robert W. Baird raised their price objective on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Morgan Stanley upped their target price on shares of Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. Oppenheimer increased their target price on shares of Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Finally, Bank of America boosted their price target on Equifax from $255.00 to $286.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $310.47.

Insiders Place Their Bets

In related news, EVP Carla Chaney sold 3,000 shares of Equifax stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the transaction, the executive vice president now owns 10,875 shares in the company, valued at approximately $3,065,118.75. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.57% of the stock is owned by insiders.

Equifax Stock Down 0.0 %

Shares of NYSE EFX opened at $271.73 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $33.59 billion, a PE ratio of 60.52, a P/E/G ratio of 2.00 and a beta of 1.58. The firm has a fifty day moving average of $293.46 and a 200-day moving average of $263.44. Equifax Inc. has a 52-week low of $159.95 and a 52-week high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.84 by $0.01. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.76 earnings per share. On average, analysts anticipate that Equifax Inc. will post 7.36 EPS for the current year.

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 0.57%. Equifax’s dividend payout ratio (DPR) is 34.74%.

Equifax 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.