Teacher Retirement System of Texas purchased a new position in Equifax Inc. (NYSE:EFX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 32,887 shares of the credit services provider’s stock, valued at approximately $3,878,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital International Investors bought a new stake in Equifax in the third quarter worth $513,940,000. Burgundy Asset Management Ltd. boosted its stake in Equifax by 0.7% during the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock worth $231,339,000 after buying an additional 11,216 shares during the period. Iridian Asset Management LLC CT purchased a new position in Equifax during the fourth quarter worth $104,558,000. Assenagon Asset Management S.A. purchased a new position in Equifax during the third quarter worth $90,020,000. Finally, Artemis Investment Management LLP boosted its stake in Equifax by 478.6% during the third quarter. Artemis Investment Management LLP now owns 703,006 shares of the credit services provider’s stock worth $74,505,000 after buying an additional 581,509 shares during the period. Institutional investors own 94.80% of the company’s stock.
Several research firms have commented on EFX. Morgan Stanley lifted their price objective on shares of Equifax from $112.00 to $119.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Royal Bank of Canada lifted their price objective on shares of Equifax to $126.00 and gave the stock a “sector perform” rating in a research note on Friday, January 19th. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Robert W. Baird reaffirmed a “buy” rating and set a $137.00 price objective on shares of Equifax in a research note on Tuesday, January 9th. Finally, Barclays lowered shares of Equifax from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $115.00 to $128.00 in a research note on Thursday, December 14th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $128.07.
Shares of Equifax Inc. (EFX) opened at $117.46 on Friday. The stock has a market cap of $14,104.48, a price-to-earnings ratio of 19.61, a PEG ratio of 2.00 and a beta of 0.92. Equifax Inc. has a one year low of $89.59 and a one year high of $147.02. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67.
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Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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