Allspring Global Investments Holdings LLC Sells 1,959 Shares of Equifax Inc. (NYSE:EFX)

Allspring Global Investments Holdings LLC lowered its stake in shares of Equifax Inc. (NYSE:EFX) by 24.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,093 shares of the credit services provider’s stock after selling 1,959 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Equifax were worth $1,507,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. DAVENPORT & Co LLC increased its position in Equifax by 2.4% during the fourth quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after acquiring an additional 48 shares during the last quarter. CWM LLC grew its holdings in Equifax by 8.3% during the 3rd quarter. CWM LLC now owns 904 shares of the credit services provider’s stock valued at $166,000 after purchasing an additional 69 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in Equifax by 1.6% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,287 shares of the credit services provider’s stock worth $768,000 after purchasing an additional 69 shares during the period. Butensky & Cohen Financial Security Inc. lifted its stake in Equifax by 0.4% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 17,258 shares of the credit services provider’s stock worth $4,268,000 after purchasing an additional 69 shares during the last quarter. Finally, Smithfield Trust Co grew its stake in shares of Equifax by 55.5% during the third quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after buying an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Equifax Price Performance

EFX opened at $218.93 on Tuesday. The firm has a market capitalization of $27.20 billion, a PE ratio of 48.76, a price-to-earnings-growth ratio of 1.74 and a beta of 1.51. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.73 and a quick ratio of 0.67. The business’s 50-day moving average is $257.05 and its two-hundred day moving average is $232.21. Equifax Inc. has a 1 year low of $159.95 and a 1 year high of $275.10.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. Research analysts anticipate that Equifax Inc. will post 7.38 earnings per share for the current fiscal year.

Equifax Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were given a $0.39 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.71%. Equifax’s payout ratio is 34.74%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EFX shares. TheStreet raised Equifax from a “c+” rating to a “b-” rating in a research note on Friday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $305.00 price target on shares of Equifax in a report on Thursday, April 18th. The Goldman Sachs Group decreased their price objective on shares of Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a report on Friday. Stifel Nicolaus upped their target price on shares of Equifax from $208.00 to $289.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, Robert W. Baird decreased their price target on shares of Equifax from $275.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $270.19.

Equifax Company 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.