Janney Montgomery Scott LLC reduced its stake in shares of Equifax Inc. (NYSE:EFX – Get Rating) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,599 shares of the credit services provider’s stock after selling 407 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Equifax were worth $8,915,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in EFX. Daiwa Securities Group Inc. grew its stake in shares of Equifax by 6.0% in the first quarter. Daiwa Securities Group Inc. now owns 7,598 shares of the credit services provider’s stock worth $1,801,000 after purchasing an additional 433 shares in the last quarter. Guggenheim Capital LLC grew its stake in shares of Equifax by 119.2% in the fourth quarter. Guggenheim Capital LLC now owns 27,894 shares of the credit services provider’s stock worth $8,167,000 after purchasing an additional 15,169 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Equifax by 131.6% in the fourth quarter. JPMorgan Chase & Co. now owns 3,112,175 shares of the credit services provider’s stock worth $911,215,000 after purchasing an additional 1,768,646 shares in the last quarter. Metropolitan Life Insurance Co NY grew its stake in shares of Equifax by 6.4% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 15,831 shares of the credit services provider’s stock worth $4,635,000 after purchasing an additional 953 shares in the last quarter. Finally, Belpointe Asset Management LLC bought a new position in shares of Equifax in the first quarter worth $912,000. 90.92% of the stock is currently owned by institutional investors.
Equifax Stock Up 2.7 %
Shares of Equifax stock opened at $198.39 on Thursday. The stock has a 50-day moving average price of $190.20 and a 200 day moving average price of $212.48. The company has a market cap of $24.28 billion, a P/E ratio of 32.63, a P/E/G ratio of 1.87 and a beta of 1.48. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 1.07. Equifax Inc. has a 1 year low of $169.25 and a 1 year high of $300.11.
Equifax Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Wednesday, May 25th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.79%. The ex-dividend date was Tuesday, May 24th. Equifax’s payout ratio is currently 25.66%.
Analyst Ratings Changes
EFX has been the subject of several recent analyst reports. Wells Fargo & Company initiated coverage on Equifax in a research note on Tuesday, July 12th. They issued an “equal weight” rating and a $200.00 price target for the company. Stifel Nicolaus cut their price objective on Equifax from $254.00 to $223.00 and set a “buy” rating for the company in a report on Friday, July 1st. Credit Suisse Group cut their price objective on Equifax from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Thursday, July 21st. Morgan Stanley cut their price objective on Equifax from $227.00 to $226.00 and set an “overweight” rating for the company in a report on Wednesday, July 20th. Finally, The Goldman Sachs Group cut their price objective on Equifax from $255.00 to $221.00 and set a “neutral” rating for the company in a report on Thursday, April 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $247.36.
Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.
- Get a free copy of the StockNews.com research report on Equifax (EFX)
- The MarketBeat Podcast: Portfolio Management in Market Downturns
- Can These Two Airline Stocks Overcome Gravity And Fly Higher?
- Shopify Stock Rallies Despite Quarterly Loss
- Two Automation Stocks The Institutions Are Buying
- Can Owens-Corning Insulate Your Portfolio?
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.