NewEdge Wealth LLC Purchases 681 Shares of Equifax Inc. (NYSE:EFX)

NewEdge Wealth LLC grew its position in shares of Equifax Inc. (NYSE:EFX) by 3.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,081 shares of the credit services provider’s stock after acquiring an additional 681 shares during the period. NewEdge Wealth LLC’s holdings in Equifax were worth $5,372,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Equifax by 39.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock valued at $2,775,000 after purchasing an additional 3,043 shares during the last quarter. Barclays PLC grew its position in Equifax by 2.8% during the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after acquiring an additional 5,097 shares during the last quarter. Intech Investment Management LLC grew its position in Equifax by 84.1% during the 3rd quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock worth $2,016,000 after acquiring an additional 3,135 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after acquiring an additional 231 shares during the last quarter. Finally, NS Partners Ltd grew its position in Equifax by 2.3% during the 3rd quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider’s stock worth $27,920,000 after acquiring an additional 2,094 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EFX has been the topic of several recent research reports. Needham & Company LLC reduced their price target on Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. BNP Paribas upgraded Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price target on the stock in a research report on Monday, December 16th. Wells Fargo & Company dropped their price objective on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Stifel Nicolaus dropped their price objective on Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a report on Friday, February 7th. Finally, Barclays dropped their price objective on Equifax from $335.00 to $325.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $301.13.

Equifax Stock Down 0.3 %

Shares of NYSE:EFX opened at $242.90 on Friday. The stock has a fifty day simple moving average of $256.40 and a two-hundred day simple moving average of $271.94. The stock has a market capitalization of $30.12 billion, a price-to-earnings ratio of 50.29, a PEG ratio of 2.79 and a beta of 1.58. Equifax Inc. has a 12-month low of $213.02 and a 12-month high of $309.63. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. On average, research analysts anticipate that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Friday, February 21st. Equifax’s payout ratio is 32.30%.

About Equifax

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.