2,364 Shares in Equifax Inc. (NYSE:EFX) Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC purchased a new stake in shares of Equifax Inc. (NYSE:EFX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,364 shares of the credit services provider’s stock, valued at approximately $603,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Equifax in the fourth quarter valued at approximately $330,400,000. Van ECK Associates Corp raised its stake in shares of 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 during the period. Raymond James Financial Inc. acquired a new position in shares of Equifax during the 4th quarter valued at $113,896,000. Franklin Resources Inc. boosted its position in Equifax by 34.2% during the 3rd quarter. Franklin Resources Inc. now owns 863,718 shares of the credit services provider’s stock worth $251,480,000 after purchasing an additional 220,109 shares during the period. Finally, Boston Partners increased its holdings in Equifax by 18.0% in the 4th quarter. Boston Partners now owns 1,228,741 shares of the credit services provider’s stock valued at $313,213,000 after purchasing an additional 187,460 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

EFX has been the topic of a number of recent research reports. William Blair restated an “outperform” rating on shares of Equifax in a research note on Friday, February 7th. Stifel Nicolaus decreased their price target on Equifax from $284.00 to $281.00 and set a “buy” rating for the company in a report on Friday, February 7th. Needham & Company LLC lowered their price objective on shares of Equifax from $325.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Morgan Stanley reduced their target price on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, 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. Five 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $292.31.

Equifax Stock Performance

Shares of EFX opened at $224.33 on Tuesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.75 and a quick ratio of 0.88. Equifax Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The business’s fifty day moving average price is $239.17 and its 200 day moving average price is $256.87. The stock has a market capitalization of $28.00 billion, a PE ratio of 46.45, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, February 6th. The credit services provider reported $2.12 EPS for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.63% and a return on equity of 19.13%. Equities research analysts forecast that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date was Friday, February 21st. Equifax’s payout ratio is 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.