Envestnet Asset Management Inc. Has $73.05 Million Position in Equifax Inc. (NYSE:EFX)

Envestnet Asset Management Inc. boosted its holdings in Equifax Inc. (NYSE:EFX) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 286,626 shares of the credit services provider’s stock after buying an additional 5,120 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.23% of Equifax worth $73,047,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in Equifax by 39.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,843 shares of the credit services provider’s stock valued at $2,775,000 after acquiring an additional 3,043 shares during the period. Barclays PLC grew its stake in shares of Equifax by 2.8% in the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock valued at $54,329,000 after buying an additional 5,097 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Equifax by 11.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,585 shares of the credit services provider’s stock valued at $404,000 after acquiring an additional 158 shares during the period. Strategic Financial Concepts LLC acquired a new position in Equifax during the fourth quarter worth $3,572,000. Finally, Van ECK Associates Corp lifted its position in Equifax by 95.9% in the 4th quarter. Van ECK Associates Corp now owns 1,617,574 shares of the credit services provider’s stock valued at $412,239,000 after acquiring an additional 791,730 shares in the last quarter. 96.20% of the stock is owned by institutional investors.

Equifax Stock Up 9.5 %

NYSE:EFX opened at $224.92 on Thursday. The stock has a fifty day simple moving average of $242.01 and a 200-day simple moving average of $258.63. The company has a current ratio of 0.75, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. The company has a market cap of $28.07 billion, a price-to-earnings ratio of 46.57, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. Equifax Inc. has a twelve month low of $199.98 and a twelve month high of $309.63.

Equifax (NYSE:EFX) last released its quarterly earnings results 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 net margin of 10.63% and a return on equity of 19.13%. Analysts anticipate that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, February 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.69%. Equifax’s payout ratio is currently 32.30%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Argus lowered Equifax from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. UBS Group reduced their price target on Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Stifel Nicolaus lowered their target price on shares of Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Barclays reaffirmed an “equal weight” rating and issued a $260.00 target price (down from $325.00) on shares of Equifax in a research note on Friday, April 4th. Finally, Royal Bank of Canada raised Equifax from a “sector perform” rating to an “outperform” rating and set a $300.00 price objective on the stock in a report on Thursday, March 20th. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $294.50.

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.