Equifax, Inc. $EFX Shares Purchased by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its holdings in shares of Equifax, Inc. (NYSE:EFX) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 392,560 shares of the credit services provider’s stock after buying an additional 22,302 shares during the quarter. Allianz Asset Management GmbH owned 0.32% of Equifax worth $100,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp boosted its holdings in Equifax by 8,524.1% in the third quarter. Atlantic Union Bankshares Corp now owns 2,501 shares of the credit services provider’s stock worth $642,000 after acquiring an additional 2,472 shares in the last quarter. AGF Management Ltd. raised its position in shares of Equifax by 0.7% in the 3rd quarter. AGF Management Ltd. now owns 27,716 shares of the credit services provider’s stock valued at $7,110,000 after purchasing an additional 201 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of Equifax by 57.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,951 shares of the credit services provider’s stock valued at $1,259,000 after purchasing an additional 1,801 shares during the last quarter. Keybank National Association OH boosted its stake in Equifax by 5.3% in the 3rd quarter. Keybank National Association OH now owns 3,190 shares of the credit services provider’s stock worth $818,000 after purchasing an additional 160 shares in the last quarter. Finally, National Pension Service grew its position in Equifax by 2.2% during the 3rd quarter. National Pension Service now owns 182,678 shares of the credit services provider’s stock worth $46,862,000 after purchasing an additional 3,853 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EFX has been the subject of a number of research analyst reports. Morgan Stanley decreased their price target on shares of Equifax from $290.00 to $280.00 and set an “overweight” rating for the company in a report on Wednesday, December 17th. Wells Fargo & Company cut their target price on Equifax from $285.00 to $265.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equifax in a research report on Monday, December 29th. Stifel Nicolaus dropped their price target on Equifax from $295.00 to $253.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $295.00 price objective on shares of Equifax in a report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $271.14.

Equifax Stock Performance

Shares of NYSE EFX opened at $174.86 on Wednesday. The company has a market capitalization of $21.40 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 2.02 and a beta of 1.55. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.74 and a current ratio of 0.74. The company’s fifty day moving average price is $214.20 and its 200 day moving average price is $228.62. Equifax, Inc. has a 1 year low of $173.83 and a 1 year high of $281.03.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 24th were given a dividend of $0.50 per share. The ex-dividend date was Monday, November 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. Equifax’s dividend payout ratio (DPR) is 37.95%.

Equifax Company Profile

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.

The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.