Kornitzer Capital Management Inc. KS acquired a new stake in shares of Equifax, Inc. (NYSE:EFX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 155,940 shares of the credit services provider’s stock, valued at approximately $16,528,000. Kornitzer Capital Management Inc. KS owned about 0.13% of Equifax at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in Equifax by 0.3% during the second quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after purchasing an additional 8 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in Equifax by 0.3% during the second quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock valued at $424,000 after buying an additional 8 shares in the last quarter. Sawtooth Solutions LLC raised its holdings in Equifax by 0.6% during the second quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock valued at $245,000 after buying an additional 11 shares in the last quarter. Huntington National Bank raised its holdings in Equifax by 0.4% during the second quarter. Huntington National Bank now owns 4,135 shares of the credit services provider’s stock valued at $568,000 after buying an additional 17 shares in the last quarter. Finally, FineMark National Bank & Trust raised its holdings in Equifax by 0.6% during the second quarter. FineMark National Bank & Trust now owns 4,337 shares of the credit services provider’s stock valued at $596,000 after buying an additional 27 shares in the last quarter. 88.30% of the stock is owned by hedge funds and other institutional investors.
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Several equities analysts have weighed in on the company. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a report on Friday, September 8th. Morgan Stanley restated an “equal weight” rating and set a $144.00 target price (up from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Zacks Investment Research lowered Equifax from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Cowen and Company reiterated a “buy” rating and issued a $151.00 price objective on shares of Equifax in a research note on Friday, July 28th. Finally, Wells Fargo & Company upgraded Equifax from a “market perform” rating to an “outperform” rating and dropped their price objective for the stock from $135.00 to $127.00 in a research note on Friday, September 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $130.27.
Shares of Equifax, Inc. (NYSE:EFX) traded down $0.34 on Monday, hitting $108.36. The stock had a trading volume of 41,286 shares, compared to its average volume of 2,023,601. The firm has a market cap of $13,084.49, a P/E ratio of 18.42, a P/E/G ratio of 1.82 and a beta of 0.93. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.66. Equifax, Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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