Equifax Inc. (NYSE:EFX – Get Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 3,620,000 shares, a growth of 15.3% from the December 31st total of 3,140,000 shares. Based on an average trading volume of 929,000 shares, the days-to-cover ratio is currently 3.9 days.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of EFX. Raymond James Financial Services Advisors Inc. raised its stake in shares of Equifax by 29.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,516 shares of the credit services provider’s stock valued at $834,000 after acquiring an additional 801 shares during the period. American Century Companies Inc. raised its position in Equifax by 9.9% in the first quarter. American Century Companies Inc. now owns 4,944 shares of the credit services provider’s stock valued at $1,172,000 after purchasing an additional 444 shares during the period. Private Advisor Group LLC lifted its stake in shares of Equifax by 14.1% during the first quarter. Private Advisor Group LLC now owns 1,830 shares of the credit services provider’s stock worth $434,000 after purchasing an additional 226 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Equifax by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 439,028 shares of the credit services provider’s stock worth $104,100,000 after buying an additional 8,662 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Equifax by 0.8% in the first quarter. Sei Investments Co. now owns 17,409 shares of the credit services provider’s stock worth $4,141,000 after buying an additional 134 shares during the period. Hedge funds and other institutional investors own 98.37% of the company’s stock.
Equifax Price Performance
EFX stock opened at $248.21 on Wednesday. The company has a market cap of $30.58 billion, a PE ratio of 58.82, a price-to-earnings-growth ratio of 2.26 and a beta of 1.52. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average price of $237.45 and a two-hundred day moving average price of $208.48. Equifax has a 12-month low of $159.95 and a 12-month high of $252.60.
Equifax Dividend Announcement
Wall Street Analyst Weigh In
Several brokerages have issued reports on EFX. Morgan Stanley reduced their price target on shares of Equifax from $204.00 to $196.00 and set an “equal weight” rating on the stock in a report on Friday, October 20th. Truist Financial dropped their price target on Equifax from $250.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, October 20th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Equifax in a research note on Friday, November 17th. Deutsche Bank Aktiengesellschaft raised shares of Equifax from a “hold” rating to a “buy” rating and boosted their target price for the company from $218.00 to $267.00 in a research note on Friday, December 8th. Finally, Citigroup began coverage on shares of Equifax in a research note on Monday, November 20th. They set a “buy” rating and a $243.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.12.
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.
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