Tocqueville Asset Management L.P. grew its holdings in Equifax Inc. (NYSE:EFX) by 8.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,700 shares of the credit services provider’s stock after acquiring an additional 200 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Equifax were worth $378,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in EFX. Meeder Asset Management Inc. increased its holdings in shares of Equifax by 1,047.1% in the third quarter. Meeder Asset Management Inc. now owns 195 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 178 shares in the last quarter. Usca Ria LLC bought a new stake in shares of Equifax in the third quarter worth about $28,000. Cornerstone Advisors Inc. increased its holdings in shares of Equifax by 188.4% in the third quarter. Cornerstone Advisors Inc. now owns 274 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 179 shares in the last quarter. CSat Investment Advisory L.P. increased its holdings in shares of Equifax by 57.8% in the second quarter. CSat Investment Advisory L.P. now owns 322 shares of the credit services provider’s stock worth $43,000 after acquiring an additional 118 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of Equifax by 21.6% in the third quarter. Parallel Advisors LLC now owns 462 shares of the credit services provider’s stock worth $65,000 after acquiring an additional 82 shares in the last quarter. Institutional investors own 93.34% of the company’s stock.
In other Equifax news, insider J Dann Adams sold 9,392 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $134.72, for a total transaction of $1,265,290.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Prasanna Dhore sold 6,192 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $140.00, for a total value of $866,880.00. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.
EFX opened at $153.03 on Friday. Equifax Inc. has a 12-month low of $101.49 and a 12-month high of $153.62. The stock has a market cap of $18.29 billion, a price-to-earnings ratio of -48.58, a PEG ratio of 3.02 and a beta of 1.19. The business has a 50 day moving average of $141.09 and a 200-day moving average of $140.42. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.11.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, October 23rd. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.04. The company had revenue of $875.70 million during the quarter, compared to analysts’ expectations of $870.17 million. Equifax had a positive return on equity of 24.39% and a negative net margin of 11.13%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $1.41 earnings per share. As a group, analysts expect that Equifax Inc. will post 5.58 earnings per share for the current year.
Several equities research analysts have issued reports on the company. Jefferies Financial Group assumed coverage on Equifax in a report on Wednesday, November 27th. They issued a “buy” rating for the company. Argus upgraded Equifax from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Friday. William Blair reiterated an “outperform” rating on shares of Equifax in a report on Friday, October 25th. ValuEngine downgraded Equifax from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Barclays reiterated a “hold” rating and set a $140.00 price objective on shares of Equifax in a report on Wednesday, December 18th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the stock. Equifax currently has an average rating of “Hold” and an average target price of $137.27.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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