Everett Harris & Co. CA Purchases New Shares in Equifax Inc. (NYSE:EFX)

Everett Harris & Co. CA purchased a new stake in Equifax Inc. (NYSE:EFX) during the 4th quarter, HoldingsChannel reports. The firm purchased 1,045 shares of the credit services provider’s stock, valued at approximately $258,000.

Several other large investors have also added to or reduced their stakes in EFX. KB Financial Partners LLC bought a new stake in shares of Equifax during the 3rd quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of Equifax during the 3rd quarter valued at $27,000. Eagle Bay Advisors LLC bought a new stake in shares of Equifax during the 2nd quarter valued at $29,000. Geneos Wealth Management Inc. boosted its holdings in shares of Equifax by 70.8% during the 3rd quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock valued at $35,000 after buying an additional 80 shares in the last quarter. Finally, Smithfield Trust Co boosted its holdings in shares of Equifax by 55.5% during the 3rd quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after buying an additional 71 shares in the last quarter. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

EFX has been the subject of several recent analyst reports. Bank of America raised Equifax from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $164.00 to $300.00 in a research report on Monday, January 8th. Jefferies Financial Group raised Equifax from a “hold” rating to a “buy” rating and lifted their price target for the stock from $200.00 to $315.00 in a research report on Monday, December 18th. Redburn Atlantic lowered Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target for the company. in a research report on Thursday, January 11th. Truist Financial lifted their price target on Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Finally, TheStreet raised Equifax from a “c+” rating to a “b-” rating in a research report on Friday, December 29th. Four equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.22.

Equifax Stock Performance

Shares of NYSE EFX traded up $5.12 during midday trading on Thursday, hitting $267.52. 701,597 shares of the company’s stock traded hands, compared to its average volume of 787,502. The stock has a market capitalization of $33.23 billion, a price-to-earnings ratio of 60.80, a price-to-earnings-growth ratio of 2.05 and a beta of 1.52. Equifax Inc. has a 1 year low of $159.95 and a 1 year high of $275.10. The firm has a fifty day moving average of $257.18 and a 200 day moving average of $224.45. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.67 and a current ratio of 0.67.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, February 7th. The credit services provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.07. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Equifax had a return on equity of 19.40% and a net margin of 10.36%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. On average, analysts forecast that Equifax Inc. will post 7.51 earnings per share for the current year.

Equifax Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. Equifax’s dividend payout ratio (DPR) is 35.45%.

Equifax Company Profile

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.