Poplar Forest Capital LLC trimmed its holdings in Equifax Inc. (NYSE:EFX) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,346 shares of the credit services provider’s stock after selling 1,900 shares during the period. Poplar Forest Capital LLC’s holdings in Equifax were worth $5,456,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in EFX. Cornerstone Wealth Management LLC acquired a new position in Equifax during the second quarter valued at approximately $1,201,000. Markel Corp grew its stake in shares of Equifax by 64.8% during the second quarter. Markel Corp now owns 58,500 shares of the credit services provider’s stock worth $7,912,000 after buying an additional 23,000 shares during the last quarter. Comerica Bank grew its stake in shares of Equifax by 2.0% during the second quarter. Comerica Bank now owns 23,211 shares of the credit services provider’s stock worth $3,202,000 after buying an additional 452 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Equifax by 66.2% during the second quarter. Envestnet Asset Management Inc. now owns 15,368 shares of the credit services provider’s stock worth $2,078,000 after buying an additional 6,123 shares during the last quarter. Finally, Boys Arnold & Co. Inc. bought a new stake in shares of Equifax during the second quarter worth $219,000. Institutional investors own 94.17% of the company’s stock.
Shares of Equifax stock traded up $2.45 during trading on Friday, hitting $143.74. The company’s stock had a trading volume of 434,800 shares, compared to its average volume of 991,013. 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 stock has a market cap of $17.08 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 2.89 and a beta of 1.26. The stock has a 50-day moving average price of $138.82 and a two-hundred day moving average price of $124.17.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 23rd will be paid a $0.39 dividend. The ex-dividend date is Thursday, August 22nd. This represents a $1.56 annualized dividend and a dividend yield of 1.09%. Equifax’s dividend payout ratio is 26.94%.
A number of research firms have weighed in on EFX. Deutsche Bank boosted their target price on shares of Equifax from $110.00 to $136.00 and gave the stock a “hold” rating in a research note on Tuesday, July 2nd. Stephens boosted their target price on shares of Equifax from $130.00 to $131.00 and gave the stock an “equal weight” rating in a research note on Friday, July 26th. Barclays reaffirmed a “hold” rating and set a $125.00 target price on shares of Equifax in a research note on Monday, May 6th. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. Finally, Robert W. Baird boosted their target price on shares of Equifax from $129.00 to $153.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $130.09.
Equifax Company 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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