Equifax Inc. (NYSE:EFX) Holdings Lifted by Brookstone Capital Management

Posted by Defense World Staff on Mar 19th, 2023

Brookstone Capital Management boosted its position in shares of Equifax Inc. (NYSE:EFX – Get Rating) by 72.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,773 shares of the credit services provider’s stock after buying an additional 8,333 shares during the quarter. Brookstone Capital Management’s holdings in Equifax were worth $4,046,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wedmont Private Capital purchased a new stake in shares of Equifax during the fourth quarter valued at $429,000. Massmutual Trust Co. FSB ADV lifted its holdings in shares of Equifax by 111.5% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 129 shares of the credit services provider’s stock valued at $25,000 after purchasing an additional 68 shares during the last quarter. General Partner Inc. purchased a new stake in shares of Equifax during the fourth quarter valued at $71,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Equifax by 10.6% during the third quarter. Robeco Institutional Asset Management B.V. now owns 104,701 shares of the credit services provider’s stock valued at $17,949,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Equifax during the third quarter valued at $1,925,000. Institutional investors own 93.84% of the company’s stock.

Equifax Stock Performance

Shares of EFX stock opened at $200.89 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.68 and a quick ratio of 0.68. Equifax Inc. has a fifty-two week low of $145.98 and a fifty-two week high of $243.79. The stock’s 50-day moving average is $210.80 and its two-hundred day moving average is $193.41. The firm has a market cap of $24.61 billion, a P/E ratio of 35.56, a PEG ratio of 1.91 and a beta of 1.45.

Equifax (NYSE:EFX – Get Rating) last issued its earnings results on Wednesday, February 8th. The credit services provider reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. Equifax had a return on equity of 24.19% and a net margin of 13.59%. The business’s revenue was down 4.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.84 EPS. Analysts predict that Equifax Inc. will post 7.2 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, February 22nd were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, February 21st. Equifax’s dividend payout ratio is 27.61%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EFX. Stifel Nicolaus upped their target price on Equifax from $181.00 to $222.00 in a report on Friday, December 9th. StockNews.com assumed coverage on Equifax in a research note on Thursday. They issued a “sell” rating for the company. Wells Fargo & Company increased their price objective on Equifax from $165.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, January 13th. Robert W. Baird increased their price objective on Equifax from $223.00 to $237.00 and gave the stock an “outperform” rating in a research note on Friday, February 10th. Finally, Barclays increased their price objective on Equifax from $230.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, February 10th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $212.67.

About Equifax

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Equifax, Inc engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, Workforce Solutions and International. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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