Mirae Asset Global Investments Co. Ltd. Has $641,000 Holdings in Equifax Inc. (EFX)

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Equifax Inc. (NYSE:EFX) by 317.1% during the fourth quarter, Holdings Channel reports. The fund owned 6,891 shares of the credit services provider’s stock after acquiring an additional 5,239 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Equifax were worth $641,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EFX. Butensky & Cohen Financial Security Inc. lifted its stake in Equifax by 12.6% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 12,935 shares of the credit services provider’s stock worth $1,205,000 after acquiring an additional 1,445 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Equifax by 49.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock worth $550,470,000 after acquiring an additional 1,954,808 shares during the period. Vanguard Group Inc lifted its stake in Equifax by 0.5% in the third quarter. Vanguard Group Inc now owns 12,212,967 shares of the credit services provider’s stock worth $1,594,647,000 after acquiring an additional 65,505 shares during the period. William Blair Investment Management LLC lifted its stake in Equifax by 50.0% in the third quarter. William Blair Investment Management LLC now owns 812,688 shares of the credit services provider’s stock worth $106,113,000 after acquiring an additional 270,882 shares during the period. Finally, Avitas Wealth Management LLC lifted its stake in Equifax by 10.5% in the third quarter. Avitas Wealth Management LLC now owns 5,882 shares of the credit services provider’s stock worth $768,000 after acquiring an additional 560 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

A number of analysts recently weighed in on EFX shares. Deutsche Bank lowered shares of Equifax from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $128.00 to $110.00 in a research note on Tuesday, February 5th. They noted that the move was a valuation call. Robert W. Baird lowered their price objective on shares of Equifax from $115.00 to $109.00 and set an “outperform” rating for the company in a research note on Wednesday, December 19th. SunTrust Banks lowered their price objective on shares of Equifax to $115.00 and set a “buy” rating for the company in a research note on Tuesday, December 11th. They noted that the move was a valuation call. Credit Suisse Group started coverage on shares of Equifax in a research note on Friday, December 7th. They issued an “outperform” rating and a $125.00 price objective for the company. Finally, Morgan Stanley set a $103.00 price objective on shares of Equifax and gave the stock a “hold” rating in a research note on Friday, February 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $122.44.

EFX stock opened at $110.32 on Friday. The stock has a market cap of $13.47 billion, a price-to-earnings ratio of 19.05, a PEG ratio of 2.30 and a beta of 1.23. Equifax Inc. has a one year low of $88.68 and a one year high of $138.69. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, February 20th. The credit services provider reported $1.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.06. The business had revenue of $835.30 million during the quarter, compared to analyst estimates of $841.49 million. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The company’s quarterly revenue was down .4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.39 earnings per share. Analysts predict that Equifax Inc. will post 5.67 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Monday, March 11th. Equifax’s payout ratio is 26.94%.

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Equifax 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.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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