AIA Group Ltd Sells 6,280 Shares of Equifax Inc. (NYSE:EFX)

AIA Group Ltd lessened its position in Equifax Inc. (NYSE:EFX) by 42.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,680 shares of the credit services provider’s stock after selling 6,280 shares during the period. AIA Group Ltd’s holdings in Equifax were worth $2,212,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new position in Equifax during the fourth quarter worth approximately $25,000. Central Pacific Bank Trust Division bought a new position in shares of Equifax during the 4th quarter worth approximately $35,000. Spire Wealth Management increased its holdings in shares of Equifax by 98.7% during the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock worth $38,000 after acquiring an additional 75 shares during the last quarter. Generali Asset Management SPA SGR bought a new stake in Equifax in the 4th quarter valued at $39,000. Finally, Atala Financial Inc acquired a new stake in Equifax during the 4th quarter valued at $49,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Equifax Price Performance

Shares of EFX stock opened at $243.72 on Tuesday. The business has a fifty day simple moving average of $251.05 and a 200 day simple moving average of $263.00. The company has a market cap of $30.23 billion, a P/E ratio of 50.46, a P/E/G ratio of 2.79 and a beta of 1.65. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. Equifax Inc. has a twelve month low of $213.02 and a twelve month high of $309.63.

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

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were issued a dividend of $0.39 per share. The ex-dividend date was Friday, February 21st. This represents a $1.56 annualized dividend and a dividend yield of 0.64%. Equifax’s dividend payout ratio (DPR) is presently 32.30%.

Analysts Set New Price Targets

EFX has been the topic of several research reports. Stifel Nicolaus decreased their price objective on shares of Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Argus lowered shares of Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Barclays cut their price objective on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Needham & Company LLC decreased their target price on Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Finally, Wolfe Research cut Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Equifax has an average 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.