Sanders Morris Harris LLC maintained its stake in Equifax, Inc. (NYSE:EFX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,100 shares of the credit services provider’s stock at the end of the second quarter. Sanders Morris Harris LLC’s holdings in Equifax were worth $289,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock worth $1,269,041,000 after buying an additional 8,715,062 shares during the period. William Blair Investment Management LLC boosted its position in shares of Equifax by 99.4% in the first quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider’s stock valued at $178,454,000 after buying an additional 650,550 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Equifax by 3.4% in the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock valued at $1,563,429,000 after buying an additional 373,774 shares during the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in shares of Equifax during the first quarter valued at about $39,675,000. Finally, Cantillon Capital Management LLC boosted its position in shares of Equifax by 56.4% in the first quarter. Cantillon Capital Management LLC now owns 789,919 shares of the credit services provider’s stock valued at $108,013,000 after buying an additional 284,929 shares during the last quarter. Institutional investors own 89.55% of the company’s stock.
Shares of Equifax, Inc. (NYSE EFX) traded down 2.13% during mid-day trading on Tuesday, reaching $142.37. The company’s stock had a trading volume of 623,544 shares. The company has a market capitalization of $17.14 billion, a price-to-earnings ratio of 30.16 and a beta of 0.91. Equifax, Inc. has a 1-year low of $110.87 and a 1-year high of $147.02. The company’s 50 day moving average price is $141.29 and its 200-day moving average price is $134.75.
Equifax (NYSE:EFX) last issued its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. The business had revenue of $856.70 million during the quarter, compared to the consensus estimate of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.43 EPS. Analysts predict that Equifax, Inc. will post $6.08 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is 33.05%.
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Several research analysts have recently issued reports on the company. Cowen and Company restated a “buy” rating and issued a $151.00 price objective on shares of Equifax in a research note on Friday, July 28th. Deutsche Bank AG restated a “buy” rating and issued a $160.00 price objective (up from $140.00) on shares of Equifax in a research note on Thursday, July 27th. BidaskClub upgraded Equifax from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Morgan Stanley restated an “equal weight” rating and issued a $144.00 price objective (up from $142.00) on shares of Equifax in a research note on Tuesday, July 18th. Finally, Zacks Investment Research cut Equifax from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $145.45.
In other news, CFO John W. Gamble, Jr. sold 14,000 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $136.44, for a total transaction of $1,910,160.00. Following the completion of the transaction, the chief financial officer now directly owns 48,578 shares of the company’s stock, valued at approximately $6,627,982.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the transaction, the insider now directly owns 43,648 shares of the company’s stock, valued at $6,359,513.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,219 shares of company stock valued at $3,691,098. Company insiders own 1.29% of the company’s stock.
Equifax Company Profile
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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