Public Sector Pension Investment Board Trims Stock Position in Equifax Inc. (NYSE:EFX)

Public Sector Pension Investment Board cut its position in shares of Equifax Inc. (NYSE:EFXGet Rating) by 0.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,359 shares of the credit services provider’s stock after selling 190 shares during the quarter. Public Sector Pension Investment Board’s holdings in Equifax were worth $5,961,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in EFX. First Trust Advisors LP increased its stake in Equifax by 90.5% during the first quarter. First Trust Advisors LP now owns 52,098 shares of the credit services provider’s stock worth $6,174,000 after acquiring an additional 24,756 shares during the last quarter. American Century Companies Inc. increased its stake in Equifax by 10.4% during the third quarter. American Century Companies Inc. now owns 3,917 shares of the credit services provider’s stock worth $993,000 after acquiring an additional 370 shares during the last quarter. First Republic Investment Management Inc. increased its stake in Equifax by 354.6% during the third quarter. First Republic Investment Management Inc. now owns 12,028 shares of the credit services provider’s stock worth $3,048,000 after acquiring an additional 9,382 shares during the last quarter. Bank of Nova Scotia increased its stake in Equifax by 84.8% during the third quarter. Bank of Nova Scotia now owns 34,035 shares of the credit services provider’s stock worth $8,613,000 after acquiring an additional 15,622 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Equifax by 30.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 219,793 shares of the credit services provider’s stock worth $55,700,000 after acquiring an additional 50,878 shares during the last quarter. Institutional investors own 90.92% of the company’s stock.

Several equities research analysts have commented on EFX shares. TheStreet upgraded Equifax from a “c+” rating to a “b-” rating in a research note on Wednesday, April 27th. Zacks Investment Research upgraded Equifax from a “sell” rating to a “hold” rating and set a $246.00 target price for the company in a research note on Friday, February 11th. Credit Suisse Group lowered their target price on Equifax from $285.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, April 22nd. Needham & Company LLC lowered their target price on Equifax from $335.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Equifax from $265.00 to $225.00 and set a “hold” rating for the company in a research note on Friday, April 22nd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $260.54.

EFX opened at $206.29 on Friday. The stock has a market capitalization of $25.24 billion, a PE ratio of 33.33, a P/E/G ratio of 1.63 and a beta of 1.50. The firm’s fifty day moving average price is $213.36 and its 200 day moving average price is $241.05. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.54 and a quick ratio of 0.54. Equifax Inc. has a 12-month low of $185.76 and a 12-month high of $300.11.

Equifax (NYSE:EFXGet Rating) last posted its quarterly earnings results on Wednesday, April 20th. The credit services provider reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.07. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Equifax had a net margin of 15.06% and a return on equity of 26.93%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.97 earnings per share. On average, equities research analysts forecast that Equifax Inc. will post 8.15 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Wednesday, May 25th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, May 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.76%. Equifax’s dividend payout ratio (DPR) is 25.20%.

In other Equifax news, CEO Mark W. Begor sold 15,000 shares of the stock in a transaction on Wednesday, April 27th. The shares were sold at an average price of $204.74, for a total transaction of $3,071,100.00. Following the sale, the chief executive officer now directly owns 43,692 shares of the company’s stock, valued at $8,945,500.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.57% of the stock is currently owned by corporate insiders.

About Equifax (Get Rating)

Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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