CIBC Private Wealth Group LLC Has $1.40 Million Stock Position in Equifax Inc. (NYSE:EFX)

CIBC Private Wealth Group LLC cut its position in Equifax Inc. (NYSE:EFX) by 94.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,622 shares of the credit services provider’s stock after selling 88,219 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Equifax were worth $1,395,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. McClarren Financial Advisors Inc. bought a new stake in Equifax during the fourth quarter valued at about $25,000. Central Pacific Bank Trust Division bought a new stake in Equifax during the 4th quarter valued at approximately $35,000. Spire Wealth Management boosted its stake in Equifax by 98.7% during the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 75 shares during the period. Generali Asset Management SPA SGR acquired a new stake in Equifax in the 4th quarter valued at approximately $39,000. Finally, Atala Financial Inc bought a new position in Equifax in the 4th quarter worth approximately $49,000. Institutional investors own 96.20% of the company’s stock.

Equifax Stock Down 6.5 %

NYSE EFX opened at $231.46 on Friday. The stock’s 50 day simple moving average is $249.26 and its 200 day simple moving average is $262.24. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. Equifax Inc. has a one year low of $213.02 and a one year high of $309.63. The firm has a market cap of $28.89 billion, a PE ratio of 47.92, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65.

Equifax (NYSE:EFX) last announced its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, sell-side analysts forecast that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date was Friday, February 21st. Equifax’s dividend payout ratio is currently 32.30%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Morgan Stanley dropped their price objective on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. BNP Paribas downgraded Equifax from an “outperform” rating to a “neutral” rating and set a $265.00 target price on the stock. in a research report on Friday, March 14th. Argus downgraded Equifax from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, Needham & Company LLC lowered their price objective on Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $298.56.

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.