Retirement Systems of Alabama increased its position in Equifax Inc. (NYSE:EFX) by 13.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 106,196 shares of the credit services provider’s stock after acquiring an additional 12,255 shares during the quarter. Retirement Systems of Alabama owned about 0.09% of Equifax worth $12,523,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of EFX. Capital International Investors bought a new position in Equifax in the 3rd quarter worth about $513,940,000. Iridian Asset Management LLC CT bought a new position in Equifax in the 4th quarter worth about $104,558,000. Assenagon Asset Management S.A. bought a new position in Equifax in the 3rd quarter worth about $90,020,000. Artemis Investment Management LLP boosted its stake in Equifax by 478.6% in the 3rd quarter. Artemis Investment Management LLP now owns 703,006 shares of the credit services provider’s stock worth $74,505,000 after purchasing an additional 581,509 shares during the period. Finally, Meritage Group LP bought a new position in Equifax in the 3rd quarter worth about $50,723,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Several research analysts have commented on the company. Morgan Stanley raised their target price on Equifax from $112.00 to $119.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Royal Bank of Canada raised their target price on Equifax to $126.00 and gave the stock a “sector perform” rating in a research note on Friday, January 19th. Zacks Investment Research upgraded Equifax from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Robert W. Baird restated a “buy” rating and issued a $137.00 target price on shares of Equifax in a research note on Tuesday, January 9th. Finally, Barclays downgraded Equifax from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $115.00 to $128.00 in a research note on Thursday, December 14th. Nine research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $128.07.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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