Belpointe Asset Management LLC Buys 124 Shares of Equifax Inc. (NYSE:EFX)

Belpointe Asset Management LLC boosted its stake in shares of Equifax Inc. (NYSE:EFX) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,959 shares of the credit services provider’s stock after acquiring an additional 124 shares during the quarter. Belpointe Asset Management LLC’s holdings in Equifax were worth $1,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Barclays PLC lifted its holdings in Equifax by 2.8% during the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock valued at $54,329,000 after purchasing an additional 5,097 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Equifax during the third quarter worth approximately $2,797,000. Anchor Investment Management LLC bought a new position in shares of Equifax in the third quarter valued at approximately $95,000. Tidal Investments LLC boosted its holdings in shares of Equifax by 17.0% in the 3rd quarter. Tidal Investments LLC now owns 5,872 shares of the credit services provider’s stock worth $1,726,000 after acquiring an additional 855 shares in the last quarter. Finally, Synovus Financial Corp grew its position in Equifax by 23.0% during the 3rd quarter. Synovus Financial Corp now owns 6,184 shares of the credit services provider’s stock worth $1,817,000 after acquiring an additional 1,155 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

EFX has been the subject of several research analyst reports. UBS Group cut their price objective on Equifax from $335.00 to $310.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Bank of America started coverage on Equifax in a research note on Thursday, April 10th. They issued a “buy” rating and a $280.00 target price for the company. Stifel Nicolaus reduced their price target on shares of Equifax from $284.00 to $281.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Argus downgraded shares of Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, Barclays reissued an “equal weight” rating and set a $260.00 price target (down from $325.00) on shares of Equifax in a research note on Friday, April 4th. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Equifax currently has an average rating of “Moderate Buy” and a consensus target price of $292.31.

Equifax Stock Up 0.5 %

Shares of Equifax stock opened at $225.52 on Wednesday. The business has a fifty day simple moving average of $238.74 and a 200 day simple moving average of $256.65. The stock has a market cap of $28.15 billion, a PE ratio of 46.69, 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. Equifax Inc. has a 12 month low of $199.98 and a 12 month high of $309.63.

Equifax (NYSE:EFX) last posted its earnings results on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.12. Equifax had a return on equity of 19.13% and a net margin of 10.63%. Research analysts predict that Equifax Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.56 annualized dividend and a yield of 0.69%. Equifax’s dividend payout ratio (DPR) is presently 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.