CWM Advisors LLC raised its position in Equifax Inc. (NYSE:EFX) by 14.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,907 shares of the credit services provider’s stock after purchasing an additional 377 shares during the quarter. CWM Advisors LLC’s holdings in Equifax were worth $407,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. Meeder Asset Management Inc. increased its holdings in shares of Equifax by 1,047.1% during the third quarter. Meeder Asset Management Inc. now owns 195 shares of the credit services provider’s stock worth $27,000 after buying an additional 178 shares in the last quarter. Usca Ria LLC acquired a new position in shares of Equifax in the 3rd quarter worth approximately $28,000. Cornerstone Advisors Inc. boosted its holdings in shares of Equifax by 188.4% in the 3rd 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. boosted its holdings in shares of Equifax by 57.8% in the 2nd 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 grew its position in Equifax by 21.6% during the 3rd quarter. Parallel Advisors LLC now owns 462 shares of the credit services provider’s stock worth $65,000 after acquiring an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 93.34% of the company’s stock.
A number of research firms recently weighed in on EFX. William Blair reaffirmed an “outperform” rating on shares of Equifax in a report on Friday, October 25th. Jefferies Financial Group started coverage on Equifax in a research note on Wednesday, November 27th. They issued a “buy” rating for the company. Bank of America upped their price target on shares of Equifax from $122.00 to $130.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 2nd. Raymond James reaffirmed an “outperform” rating on shares of Equifax in a research note on Friday, November 8th. Finally, ValuEngine lowered shares of Equifax from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $137.27.
NYSE EFX opened at $154.01 on Friday. The business has a 50 day simple moving average of $143.27 and a 200 day simple moving average of $141.00. Equifax Inc. has a 52-week low of $104.21 and a 52-week high of $155.43. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of -48.89, a PEG ratio of 3.11 and a beta of 1.19.
Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, October 23rd. The credit services provider reported $1.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.04. The firm had revenue of $875.70 million for the quarter, compared to analyst estimates of $870.17 million. Equifax had a negative net margin of 11.13% and a positive return on equity of 24.39%. The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.41 earnings per share. On average, analysts predict that Equifax Inc. will post 5.58 EPS for the current year.
In related news, insider Prasanna Dhore sold 6,192 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $140.00, for a total transaction of $866,880.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 disclosure for this sale can be found here. 0.86% of the stock is owned by corporate insiders.
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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