Equifax, Inc. (EFX) - Morgan Stanley Holds Rating And Sets New Price Target

Elias Hubbard
September 15, 2017

"Pres-Wkf Sols at Equifax Inc., Ploder Rodolfo O on 2017-08-02 Sell 1719 shares of the company at a price of $145.7". The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. For the week, the stock is performing -32.27%.

Several hedge funds and other institutional investors have recently modified their holdings of EFX.

Gamco Global Gold Natural Resour (NYSEMKT:GGN) had an increase of 119.18% in short interest. BlackRock Inc. now owns 9,280,680 shares of the credit services provider's stock valued at $1,269,041,000 after buying an additional 8,715,062 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its position in shares of Equifax by 5.0% during the 2nd quarter. William Blair Investment Management LLC now owns 1,305,063 shares of the credit services provider's stock valued at $178,454,000 after purchasing an additional 650,550 shares during the period.

Now we will discuss the financial strength of Equifax Inc. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company's stock. PA's holdings in Equifax were worth $7,176,000 at the end of the most recent quarter. Finally, SNS Financial Group LLC purchased a new position in shares of Equifax during the 2nd quarter valued at $200,000.

About 1.42 million shares traded.

Shares of Equifax continued their losses Friday afternoon, trading down 5% at 2:15 p.m. ET. (NYSE:EFX) has "Buy" rating given on Friday, February 12 by Deutsche Bank. The average revenue per share growth rate of Equifax Inc. during the past 12 months was 13.9 percent. Equifax Inc now has $11.32B valuation. (NYSE:EFX)'s stock is experiencing unusual volume during today's trading. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.57 by $0.03. The company had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. Equifax Inc had 38 analyst reports since July 24, 2015 according to SRatingsIntel. Equifax's revenue was up 5.6% compared to the same quarter past year. Next quarter's EPS is forecasted at $1.51 and the next full year EPS is anticipated to be $6.55. As of the latest earnings report the EPS was $4.72 and is projected to be $6.06 for the current year with 120,372,000 shares outstanding.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Focused Wealth Mngmt Incorporated owns 25,727 shares for 0.35% of their portfolio. This dividend represents a yeild of $1.58 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 23rd of August 2017. Equifax's dividend payout ratio (DPR) is now 33.05%. The shares were sold at an average price of $145.70, for a total value of $250,458.30. Shares have dropped -8.98% over the trailing 6 months. With short interest at 1,787,278 and short average daily volume at 488,124, days to cover is 4.0 and the percentage of shorted shares is 0.01% as of August 15. Royal Bank Of Canada upped their price objective on Equifax from $142.00 to $146.00 and gave the company an "outperform" rating in a report on Friday, October 28th. Ls Invest Advsr Limited Liability Company owns 4,304 shares. The disclosure for this sale can be found here.

EFX has been the subject of a number of research analyst reports.

On September 15 the stock rating was downgraded from " to "Overweight" with a current price target of $115.00 by analysts at Argus Research.

Equifax, Inc. (NYSE:EFX) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued on Tuesday. Stifel Nicolaus has "Buy" rating and $144 target.

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Equifax Inc.is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers.

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