Comerica Bank Sells 944 Shares of Equifax Inc. (EFX)

Comerica Bank cut its stake in Equifax Inc. (NYSE:EFX) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,759 shares of the credit services provider’s stock after selling 944 shares during the period. Comerica Bank’s holdings in Equifax were worth $3,742,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. purchased a new position in Equifax in the fourth quarter valued at $101,000. Valeo Financial Advisors LLC purchased a new position in Equifax in the third quarter valued at $130,000. Meeder Asset Management Inc. purchased a new position in Equifax in the third quarter valued at $134,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in Equifax in the fourth quarter valued at $203,000. Finally, Traynor Capital Management Inc. purchased a new stake in Equifax during the 3rd quarter worth about $212,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Shares of Equifax Inc. (NYSE EFX) opened at $117.46 on Friday. Equifax Inc. has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $14,069.70, a PE ratio of 26.57, a PEG ratio of 2.00 and a beta of 0.92.

A number of analysts have issued reports on EFX shares. Zacks Investment Research downgraded Equifax from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Goldman Sachs Group started coverage on Equifax in a report on Wednesday, November 8th. They set a “neutral” rating and a $116.00 price target for the company. Royal Bank of Canada downgraded Equifax from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $109.40 to $113.00 in a report on Monday, October 23rd. Stifel Nicolaus downgraded Equifax from a “buy” rating to a “hold” rating and decreased their price target for the stock from $149.00 to $115.00 in a report on Monday, November 13th. Finally, Barclays downgraded Equifax from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $115.00 to $128.00 in a report on Thursday, December 14th. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Equifax has an average rating of “Hold” and an average target price of $128.07.

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Equifax Company 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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