Financial Engines Advisors L.L.C. Decreases Stake in Equifax Inc. (EFX)

Financial Engines Advisors L.L.C. reduced its holdings in Equifax Inc. (NYSE:EFX) by 15.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,512 shares of the credit services provider’s stock after selling 1,744 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Equifax were worth $1,127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in EFX. Thrivent Financial for Lutherans increased its position in shares of Equifax by 1.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 5,257 shares of the credit services provider’s stock valued at $490,000 after acquiring an additional 92 shares during the last quarter. Utah Retirement Systems grew its holdings in shares of Equifax by 0.4% in the fourth quarter. Utah Retirement Systems now owns 22,326 shares of the credit services provider’s stock valued at $2,079,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of Equifax by 1.6% in the first quarter. Louisiana State Employees Retirement System now owns 6,400 shares of the credit services provider’s stock valued at $758,000 after purchasing an additional 100 shares in the last quarter. Securian Asset Management Inc grew its holdings in shares of Equifax by 1.2% in the fourth quarter. Securian Asset Management Inc now owns 12,338 shares of the credit services provider’s stock valued at $1,149,000 after purchasing an additional 142 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of Equifax by 1.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,110 shares of the credit services provider’s stock valued at $1,221,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Shares of Equifax stock opened at $121.06 on Friday. Equifax Inc. has a 52-week low of $88.68 and a 52-week high of $138.69. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $14.96 billion, a P/E ratio of 20.91, a PEG ratio of 2.55 and a beta of 1.25.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Friday, May 10th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. Equifax had a negative net margin of 10.23% and a positive return on equity of 21.95%. The company had revenue of $846.10 million during the quarter, compared to the consensus estimate of $850.07 million. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. On average, equities research analysts anticipate that Equifax Inc. will post 5.63 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 1.29%. Equifax’s dividend payout ratio is currently 26.94%.

A number of brokerages recently weighed in on EFX. Barclays restated a “hold” rating and issued a $125.00 price objective on shares of Equifax in a report on Monday, May 6th. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Morgan Stanley set a $103.00 price objective on shares of Equifax and gave the company a “hold” rating in a report on Friday, February 22nd. SunTrust Banks restated a “buy” rating and issued a $125.00 price objective on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Finally, BNP Paribas began coverage on shares of Equifax in a report on Friday, March 15th. They issued an “underperform” rating and a $106.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $121.27.

ILLEGAL ACTIVITY WARNING: “Financial Engines Advisors L.L.C. Decreases Stake in Equifax Inc. (EFX)” was first posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.baseballdailydigest.com/news/2019/05/24/financial-engines-advisors-l-l-c-decreases-stake-in-equifax-inc-efx.html.

Equifax Company Profile

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.

Read More: The mechanics of the bid-ask spread in trading

Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax Inc. (NYSE:EFX).

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.