Seeyond Sells 4,647 Shares of Equifax Inc. (NYSE:EFX)

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Seeyond trimmed its holdings in shares of Equifax Inc. (NYSE:EFX) by 26.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,870 shares of the credit services provider’s stock after selling 4,647 shares during the quarter. Seeyond’s holdings in Equifax were worth $1,741,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cornerstone Wealth Management LLC bought a new position in Equifax during the second quarter worth about $1,201,000. Cambridge Investment Research Advisors Inc. grew its stake in Equifax by 97.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,246 shares of the credit services provider’s stock valued at $1,570,000 after buying an additional 6,548 shares in the last quarter. Oakbrook Investments LLC raised its holdings in Equifax by 3.1% during the 2nd quarter. Oakbrook Investments LLC now owns 6,312 shares of the credit services provider’s stock valued at $854,000 after acquiring an additional 190 shares during the period. Egerton Capital UK LLP bought a new stake in Equifax during the 2nd quarter valued at $103,394,000. Finally, First Trust Advisors LP lifted its position in shares of 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 in the last quarter. 97.02% of the stock is currently owned by institutional investors.

NYSE:EFX traded up $1.41 during trading hours on Wednesday, hitting $141.41. The company had a trading volume of 21,269 shares, compared to its average volume of 638,666. 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 $148.59. The company has a market capitalization of $17.47 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 2.96 and a beta of 1.24. The stock has a 50-day moving average price of $142.58 and a 200 day moving average price of $128.50.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 24th. The credit services provider reported $1.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.36 by $0.04. The company had revenue of $880.00 million for the quarter, compared to analyst estimates of $873.74 million. Equifax had a positive return on equity of 22.63% and a negative net margin of 12.52%. The firm’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company posted $1.56 earnings per share. Analysts anticipate that Equifax Inc. will post 5.59 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 23rd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Thursday, August 22nd. Equifax’s dividend payout ratio is presently 26.94%.

Several research analysts have commented on EFX shares. SunTrust Banks boosted their price objective on Equifax to $155.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. Deutsche Bank lifted their target price on shares of Equifax from $110.00 to $136.00 and gave the company a “hold” rating in a research report on Tuesday, July 2nd. ValuEngine raised shares of Equifax from a “hold” rating to a “buy” rating in a research note on Tuesday, May 28th. Finally, Morgan Stanley increased their price target on shares of Equifax from $115.00 to $129.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. Two analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price 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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