Mackenzie Financial Corp Reduces Position in Equifax, Inc. (EFX)

Mackenzie Financial Corp lessened its stake in shares of Equifax, Inc. (NYSE:EFX) by 36.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 256,090 shares of the credit services provider’s stock after selling 149,018 shares during the period. Mackenzie Financial Corp owned 0.21% of Equifax worth $27,143,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Equifax by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock valued at $1,621,809,000 after acquiring an additional 368,255 shares during the period. BlackRock Inc. lifted its position in shares of Equifax by 7.0% during the 2nd quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock valued at $1,365,099,000 after acquiring an additional 653,096 shares during the period. FMR LLC lifted its position in shares of Equifax by 5.8% during the 2nd quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock valued at $830,912,000 after acquiring an additional 329,481 shares during the period. Janus Henderson Group PLC lifted its position in shares of Equifax by 11,042.5% during the 2nd quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock valued at $237,735,000 after acquiring an additional 1,714,466 shares during the period. Finally, Burgundy Asset Management Ltd. lifted its position in shares of Equifax by 0.7% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock valued at $231,339,000 after acquiring an additional 11,216 shares during the period. Institutional investors own 95.45% of the company’s stock.

Equifax, Inc. (EFX) opened at $114.39 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67. Equifax, Inc. has a 1-year low of $89.59 and a 1-year high of $147.02. The firm has a market cap of $13,617.00, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 1.91 and a beta of 0.94.

Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The firm had revenue of $834.80 million for the quarter, compared to the consensus estimate of $847.28 million. During the same quarter in the prior year, the company posted $1.44 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. equities analysts forecast that Equifax, Inc. will post 5.93 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.56 annualized dividend and a dividend yield of 1.36%. Equifax’s payout ratio is 35.29%.

A number of research firms recently issued reports on EFX. Morgan Stanley dropped their target price on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, September 8th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Equifax in a research report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Evercore ISI restated a “buy” rating and set a $174.00 price objective on shares of Equifax in a report on Saturday, September 9th. Finally, Stifel Nicolaus restated a “buy” rating and set a $149.00 price objective on shares of Equifax in a report on Friday, September 8th. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $128.07.

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Equifax Profile

Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.

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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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