Y Intercept Hong Kong Ltd trimmed its holdings in Equifax Inc. (NYSE:EFX – Free Report) by 85.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,515 shares of the credit services provider’s stock after selling 8,932 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Equifax were worth $386,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the business. Union Bancaire Privee UBP SA bought a new stake in Equifax in the 4th quarter worth approximately $296,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Equifax by 15.4% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 24,044 shares of the credit services provider’s stock worth $6,128,000 after acquiring an additional 3,200 shares during the period. Howard Capital Management Inc. increased its position in Equifax by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 879 shares of the credit services provider’s stock valued at $224,000 after acquiring an additional 45 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in Equifax by 1,334.0% in the fourth quarter. First Horizon Advisors Inc. now owns 674 shares of the credit services provider’s stock valued at $172,000 after acquiring an additional 627 shares during the period. Finally, Wealth Management Nebraska purchased a new position in Equifax in the fourth quarter worth about $357,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Equifax Stock Performance
Shares of NYSE:EFX opened at $244.38 on Tuesday. The business’s 50 day moving average price is $255.86 and its 200-day moving average price is $271.01. Equifax Inc. has a 1 year low of $213.02 and a 1 year high of $309.63. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The firm has a market capitalization of $30.31 billion, a PE ratio of 50.60, a P/E/G ratio of 2.79 and a beta of 1.58.
Equifax Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.64%. The ex-dividend date is Friday, February 21st. Equifax’s dividend payout ratio (DPR) is presently 32.30%.
Analyst Ratings Changes
Several research firms have weighed in on EFX. Oppenheimer decreased their price target on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Gordon Haskett raised Equifax to a “strong-buy” rating in a report on Tuesday, February 18th. Wolfe Research lowered Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Needham & Company LLC decreased their price objective on Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Finally, UBS Group cut their price objective on Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Three research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $301.13.
Read Our Latest Stock Report on EFX
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.
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