Bryce Point Capital LLC Makes New Investment in Equifax Inc. (NYSE:EFX)

Bryce Point Capital LLC acquired a new position in Equifax Inc. (NYSE:EFX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,929 shares of the credit services provider’s stock, valued at approximately $1,511,000.

A number of other hedge funds have also recently modified their holdings of the business. Public Sector Pension Investment Board increased its holdings in Equifax by 17.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 5,422 shares of the credit services provider’s stock worth $1,593,000 after buying an additional 800 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Equifax in the third quarter valued at about $3,967,000. Edgestream Partners L.P. purchased a new stake in Equifax during the 3rd quarter valued at approximately $234,000. Bamco Inc. NY grew its stake in Equifax by 7.4% during the third quarter. Bamco Inc. NY now owns 2,900 shares of the credit services provider’s stock valued at $852,000 after acquiring an additional 200 shares in the last quarter. Finally, Cinctive Capital Management LP bought a new stake in shares of Equifax in the third quarter worth about $3,698,000. Institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on EFX shares. Oppenheimer lowered their price target on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Jefferies Financial Group lowered their price target on Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. BNP Paribas cut shares of Equifax from an “outperform” rating to a “neutral” rating and set a $265.00 price target for the company. in a research report on Friday, March 14th. Barclays cut their target price on Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Finally, Morgan Stanley decreased their price objective on Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.56.

Equifax Price Performance

Shares of EFX stock opened at $243.89 on Wednesday. Equifax Inc. has a 1-year low of $213.02 and a 1-year high of $309.63. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. The firm has a market cap of $30.25 billion, a P/E ratio of 50.50, a P/E/G ratio of 2.79 and a beta of 1.65. The firm has a fifty day moving average of $250.49 and a two-hundred day moving average of $262.56.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. As a group, research analysts anticipate that Equifax Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date was Friday, February 21st. Equifax’s dividend payout ratio (DPR) is currently 32.30%.

About Equifax

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.