Kornitzer Capital Management Inc. KS Cuts Stock Holdings in Equifax Inc. (NYSE:EFX)

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Kornitzer Capital Management Inc. KS trimmed its holdings in shares of Equifax Inc. (NYSE:EFX) by 15.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 118,853 shares of the credit services provider’s stock after selling 21,134 shares during the period. Kornitzer Capital Management Inc. KS owned about 0.10% of Equifax worth $16,074,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. OppenheimerFunds Inc. boosted its position in Equifax by 0.9% during the first quarter. OppenheimerFunds Inc. now owns 1,737,528 shares of the credit services provider’s stock valued at $205,897,000 after buying an additional 15,617 shares during the period. FMR LLC boosted its position in Equifax by 170.6% during the first quarter. FMR LLC now owns 1,737,197 shares of the credit services provider’s stock valued at $205,857,000 after buying an additional 1,095,138 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Equifax by 7.9% during the fourth quarter. Geode Capital Management LLC now owns 1,528,538 shares of the credit services provider’s stock worth $142,098,000 after purchasing an additional 112,467 shares during the period. Northern Trust Corp boosted its holdings in shares of Equifax by 1.5% during the first quarter. Northern Trust Corp now owns 1,355,529 shares of the credit services provider’s stock worth $160,630,000 after purchasing an additional 19,873 shares during the period. Finally, New York State Common Retirement Fund boosted its holdings in shares of Equifax by 68.3% during the first quarter. New York State Common Retirement Fund now owns 618,290 shares of the credit services provider’s stock worth $73,267,000 after purchasing an additional 250,960 shares during the period. Institutional investors and hedge funds own 94.17% of the company’s stock.

EFX traded down $2.67 on Wednesday, hitting $140.09. The company had a trading volume of 10,349 shares, compared to its average volume of 927,854. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.54 and a quick ratio of 0.54. Equifax Inc. has a 52-week low of $88.68 and a 52-week high of $144.46. The business has a fifty day simple moving average of $138.26. The firm has a market cap of $17.13 billion, a price-to-earnings ratio of 24.19, a P/E/G ratio of 2.89 and a beta of 1.26.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 24th. The credit services provider reported $1.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.04. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The business had revenue of $880.00 million during the quarter, compared to analyst estimates of $873.74 million. During the same period last year, the business posted $1.56 earnings per share. Equifax’s quarterly revenue was up .4% compared to the same quarter last year. On average, analysts anticipate that Equifax Inc. will post 5.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 23rd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a $1.56 annualized dividend and a yield of 1.11%. Equifax’s dividend payout ratio (DPR) is presently 26.94%.

A number of research firms have recently weighed in on EFX. Royal Bank of Canada began coverage on shares of Equifax in a report on Wednesday, July 3rd. They set an “outperform” rating for the company. SunTrust Banks increased their target price on shares of Equifax to $155.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Stephens increased their target price on shares of Equifax from $130.00 to $131.00 and gave the stock an “equal weight” rating in a report on Friday, July 26th. Finally, Deutsche Bank increased their target price on shares of Equifax from $110.00 to $136.00 and gave the stock a “hold” rating in a report on Tuesday, July 2nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $130.09.

Equifax Profile

Equifax Inc provides 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 Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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