PNC Financial Services Group Inc. Buys 1,090 Shares of Equifax Inc. (NYSE:EFX)

PNC Financial Services Group Inc. increased its stake in shares of Equifax Inc. (NYSE:EFX) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,854 shares of the credit services provider’s stock after buying an additional 1,090 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Equifax were worth $9,902,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Ashton Thomas Securities LLC bought a new stake in Equifax during the third quarter worth $29,000. McClarren Financial Advisors Inc. bought a new stake in Equifax during the fourth quarter worth $25,000. Central Pacific Bank Trust Division bought a new stake in Equifax during the fourth quarter worth $35,000. Spire Wealth Management grew its holdings in 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 buying an additional 75 shares in the last quarter. Finally, Pinnacle Financial Partners Inc bought a new stake in Equifax during the third quarter worth $85,000. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wells Fargo & Company reduced their price objective on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Barclays reduced their price objective on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Argus downgraded Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Jefferies Financial Group reduced their price objective on Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, William Blair restated an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Equifax presently has a consensus rating of “Moderate Buy” and a consensus price target of $301.13.

Equifax Stock Performance

Shares of EFX opened at $239.67 on Wednesday. The stock’s 50-day simple moving average is $254.48 and its 200 day simple moving average is $268.88. The stock has a market capitalization of $29.72 billion, a price-to-earnings ratio of 49.62, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 0.75. Equifax Inc. has a 52-week low of $213.02 and a 52-week high of $309.63.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Research analysts forecast that Equifax Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

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 issued a dividend of $0.39 per share. The ex-dividend date is Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a yield of 0.65%. Equifax’s dividend payout ratio (DPR) is 32.30%.

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.