Equifax (NYSE:EFX) Given New $325.00 Price Target at Barclays

Equifax (NYSE:EFX) had its price objective trimmed by Barclays from $335.00 to $325.00 in a report issued on Friday,Benzinga reports. The firm currently has an overweight rating on the credit services provider’s stock.

Several other research firms also recently commented on EFX. Robert W. Baird upped their price objective on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a report on Friday, October 18th. William Blair restated an “outperform” rating on shares of Equifax in a research report on Friday. UBS Group cut their target price on shares of Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a report on Friday. Wolfe Research lowered Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company reduced their price target on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $300.71.

Equifax Price Performance

NYSE EFX opened at $248.59 on Friday. The company has a market cap of $30.81 billion, a price-to-earnings ratio of 55.24, a PEG ratio of 2.84 and a beta of 1.58. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s fifty day moving average price is $261.12 and its 200 day moving average price is $274.75. Equifax has a 1 year low of $213.02 and a 1 year high of $309.63.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 18.56% and a net margin of 10.07%. As a group, equities research analysts forecast that Equifax will post 7.27 earnings per share for the current year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Friday, February 21st. Equifax’s dividend payout ratio is currently 34.67%.

Insider Activity at Equifax

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the sale, the executive vice president now owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Equifax

Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC raised its position in Equifax by 2.8% during the third quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after acquiring an additional 5,097 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Equifax by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after purchasing an additional 231 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Equifax by 84.1% during the 3rd quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock worth $2,016,000 after purchasing an additional 3,135 shares during the last quarter. NS Partners Ltd lifted its stake in Equifax by 2.3% in the 3rd quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider’s stock valued at $27,920,000 after buying an additional 2,094 shares in the last quarter. Finally, Quest Partners LLC acquired a new stake in Equifax during the 3rd quarter valued at $786,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Company Profile

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.