LMR Partners LLP increased its stake in Equifax Inc. (NYSE:EFX) by 17.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,683 shares of the company’s stock after buying an additional 1,419 shares during the period. LMR Partners LLP’s holdings in Equifax were worth $1,243,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Conning Inc. boosted its stake in shares of Equifax by 0.3% in the second quarter. Conning Inc. now owns 2,873 shares of the company’s stock valued at $369,000 after buying an additional 10 shares in the last quarter. Cleararc Capital Inc. increased its position in shares of Equifax by 0.6% in the first quarter. Cleararc Capital Inc. now owns 2,907 shares of the company’s stock valued at $332,000 after buying an additional 17 shares during the last quarter. Royce & Associates LP increased its position in shares of Equifax by 0.4% in the first quarter. Royce & Associates LP now owns 23,712 shares of the company’s stock valued at $2,710,000 after buying an additional 100 shares during the last quarter. Checchi Capital Advisers LLC increased its position in shares of Equifax by 14.1% in the second quarter. Checchi Capital Advisers LLC now owns 956 shares of the company’s stock valued at $123,000 after buying an additional 118 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of Equifax by 7.0% in the second quarter. Capital Investment Advisors LLC now owns 2,099 shares of the company’s stock valued at $270,000 after buying an additional 138 shares during the last quarter. Institutional investors and hedge funds own 88.64% of the company’s stock.
Equifax Inc. (NYSE:EFX) traded down 1.57% during trading on Friday, hitting $130.14. 664,720 shares of the stock were exchanged. Equifax Inc. has a 12 month low of $91.72 and a 12 month high of $136.97. The stock has a market cap of $15.53 billion, a P/E ratio of 33.88 and a beta of 0.87. The stock’s 50 day moving average price is $132.55 and its 200 day moving average price is $126.34.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $1.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.07. The firm had revenue of $811.30 million for the quarter, compared to the consensus estimate of $802.85 million. Equifax had a net margin of 16.11% and a return on equity of 24.51%. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the firm posted $1.15 earnings per share. Analysts forecast that Equifax Inc. will post ($0.47) EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Friday, August 19th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Wednesday, August 17th. Equifax’s dividend payout ratio is currently 34.38%.
Several equities analysts recently commented on the stock. Royal Bank Of Canada reiterated a “buy” rating and set a $136.00 price target on shares of Equifax in a report on Wednesday, June 15th. Zacks Investment Research downgraded shares of Equifax from a “buy” rating to a “hold” rating in a report on Thursday, August 4th. Stifel Nicolaus upped their price target on shares of Equifax from $131.00 to $143.00 and gave the company a “buy” rating in a report on Friday, July 29th. Deutsche Bank AG reiterated a “buy” rating on shares of Equifax in a report on Thursday, June 16th. Finally, Jefferies Group upped their price target on shares of Equifax from $128.00 to $131.00 and gave the company a “hold” rating in a report on Thursday, August 4th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $140.11.
In other Equifax news, insider Rodolfo O. Ploder sold 3,100 shares of Equifax stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $131.87, for a total transaction of $408,797.00. Following the transaction, the insider now directly owns 46,936 shares of the company’s stock, valued at $6,189,450.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paulino R. Barros sold 5,205 shares of Equifax stock in a transaction dated Wednesday, August 31st. The stock was sold at an average price of $132.00, for a total transaction of $687,060.00. Following the transaction, the insider now directly owns 10,786 shares in the company, valued at $1,423,752. The disclosure for this sale can be found here. 2.01% of the stock is currently owned by insiders.
Equifax Company Profile
Equifax Inc is a provider of 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 Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.