Dixon Hubard Feinour & Brown Inc. VA lowered its stake in shares of Equifax Inc. (NYSE:EFX) by 14.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,104 shares of the credit services provider’s stock after selling 1,815 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Equifax were worth $1,450,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of EFX. DnB Asset Management AS acquired a new position in Equifax during the second quarter valued at $1,876,000. IFM Investors Pty Ltd raised its position in Equifax by 48.7% during the second quarter. IFM Investors Pty Ltd now owns 5,470 shares of the credit services provider’s stock valued at $684,000 after buying an additional 1,792 shares during the period. Gateway Investment Advisers LLC acquired a new position in Equifax during the second quarter valued at $644,000. Atria Investments LLC raised its position in Equifax by 7.5% during the second quarter. Atria Investments LLC now owns 6,216 shares of the credit services provider’s stock valued at $778,000 after buying an additional 436 shares during the period. Finally, Bank of Montreal Can acquired a new position in Equifax during the second quarter valued at $6,182,000. Institutional investors own 90.51% of the company’s stock.
Several research firms recently weighed in on EFX. Bank of America began coverage on Equifax in a research report on Tuesday, October 23rd. They set an “underperform” rating and a $123.00 price target on the stock. ValuEngine lowered Equifax from a “buy” rating to a “hold” rating in a research report on Friday, October 26th. TheStreet lowered Equifax from a “b” rating to a “c” rating in a research report on Wednesday, October 24th. Morgan Stanley set a $126.00 target price on Equifax and gave the stock a “hold” rating in a research report on Monday, October 15th. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Equifax in a research report on Tuesday, November 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $128.44.
Equifax (NYSE:EFX) last issued its earnings results on Wednesday, October 24th. The credit services provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.01). Equifax had a return on equity of 21.48% and a net margin of 13.07%. The firm had revenue of $834.20 million during the quarter, compared to analyst estimates of $857.51 million. During the same period in the previous year, the company earned $1.53 earnings per share. As a group, research analysts expect that Equifax Inc. will post 5.73 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 23rd will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 21st. This represents a $1.56 annualized dividend and a dividend yield of 1.51%. Equifax’s dividend payout ratio (DPR) is presently 26.13%.
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Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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