Andra AP fonden Invests $546,000 in Equifax Inc. (NYSE:EFX)

Andra AP fonden bought a new position in shares of Equifax Inc. (NYSE:EFX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,142 shares of the credit services provider’s stock, valued at approximately $546,000.

Other hedge funds have also modified their holdings of the company. McClarren Financial Advisors Inc. purchased a new position in shares of Equifax during the fourth quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of Equifax during the third quarter worth $29,000. Central Pacific Bank Trust Division acquired a new stake in shares of Equifax during the fourth quarter worth $35,000. Spire Wealth Management lifted its holdings in shares of Equifax by 98.7% during the fourth quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock worth $38,000 after purchasing an additional 75 shares during the period. Finally, Pinnacle Financial Partners Inc acquired a new stake in shares of Equifax during the third quarter worth $85,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on EFX shares. Wells Fargo & Company decreased their price target on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Barclays decreased their price target on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Stifel Nicolaus decreased their price target on Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a report on Friday, February 7th. Jefferies Financial Group decreased their price target on Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Finally, William Blair reissued an “outperform” rating on shares of Equifax in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $301.13.

Equifax Trading Up 3.7 %

Shares of EFX stock opened at $254.87 on Monday. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The stock has a market cap of $31.61 billion, a P/E ratio of 52.77, a P/E/G ratio of 2.79 and a beta of 1.65. The business has a fifty day simple moving average of $254.88 and a 200-day simple moving average of $269.64. 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 (NYSE:EFX) last announced its quarterly 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%. On average, analysts forecast that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Friday, February 21st. Equifax’s dividend payout ratio is presently 32.30%.

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.