Skandinaviska Enskilda Banken AB publ Reduces Stock Position in Equifax Inc. (NYSE:EFX)

Skandinaviska Enskilda Banken AB publ trimmed its holdings in shares of Equifax Inc. (NYSE:EFX) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,858 shares of the credit services provider’s stock after selling 151 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Equifax were worth $6,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in EFX. Greenleaf Trust increased its stake in Equifax by 2.2% in the fourth quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider’s stock valued at $434,000 after purchasing an additional 37 shares during the last quarter. Inspire Investing LLC boosted its holdings in shares of Equifax by 4.2% in the 4th quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider’s stock valued at $258,000 after buying an additional 41 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of Equifax by 5.6% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 817 shares of the credit services provider’s stock valued at $208,000 after buying an additional 43 shares during the last quarter. Howard Capital Management Inc. raised its stake in Equifax by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 879 shares of the credit services provider’s stock worth $224,000 after acquiring an additional 45 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in Equifax by 6.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 799 shares of the credit services provider’s stock valued at $204,000 after acquiring an additional 46 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EFX has been the subject of several research reports. William Blair reissued an “outperform” rating on shares of Equifax in a report on Friday, February 7th. Oppenheimer lowered their target price on shares of Equifax from $286.00 to $279.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Morgan Stanley decreased their price target on shares of Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Argus lowered shares of Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, Barclays lowered their price target on shares of Equifax from $335.00 to $325.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.47.

Equifax Stock Down 0.3 %

Shares of EFX opened at $235.96 on Friday. Equifax Inc. has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The firm has a market cap of $29.26 billion, a PE ratio of 48.85, a price-to-earnings-growth ratio of 2.79 and a beta of 1.65. The company has a quick ratio of 0.88, a current ratio of 0.75 and a debt-to-equity ratio of 0.90. The company’s fifty day moving average is $253.55 and its two-hundred day moving average is $267.75.

Equifax (NYSE:EFX) last announced 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 forecast that Equifax Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Friday, February 21st. Equifax’s payout ratio is 32.30%.

Equifax Profile

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.