Investors Asset Management Of Georgia Inc Ga Adv Lowers stake in Equifax (EFX)

Equifax (EFX) : Investors Asset Management Of Georgia Inc Ga Adv reduced its stake in Equifax by 1.44% during the most recent quarter end. The investment management company now holds a total of 240,946 shares of Equifax which is valued at $27,993,106 after selling 3,523 shares in Equifax , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Equifax makes up approximately 23.03% of Investors Asset Management Of Georgia Inc Ga Adv’s portfolio.

Equifax opened for trading at $115.8 and hit $117 on the upside on Monday, eventually ending the session at $116.75, with a gain of 0.49% or 0.57 points. The heightened volatility saw the trading volume jump to 3,16,204 shares. Company has a market cap of $13,859 M.

Other Hedge Funds, Including , Churchill Management Corp sold out all of its stake in EFX during the most recent quarter. The investment firm sold 11,687 shares of EFX which is valued $1,357,796.Exxonmobil Investment Management Inc Tx boosted its stake in EFX in the latest quarter, The investment management firm added 2,347 additional shares and now holds a total of 28,902 shares of Equifax which is valued at $3,357,834. Equifax makes up approx 0.08% of Exxonmobil Investment Management Inc Tx’s portfolio. Dorsey Wright Associates added EFX to its portfolio by purchasing 4,259 company shares during the most recent quarter which is valued at $484,206. Equifax makes up approx 0.26% of Dorsey Wright Associates’s portfolio.Mai Capital Management reduced its stake in EFX by selling 513 shares or 5.47% in the most recent quarter. The Hedge Fund company now holds 8,857 shares of EFX which is valued at $1,006,952. Equifax makes up approx 0.08% of Mai Capital Management’s portfolio. Pensionfund Sabic added EFX to its portfolio by purchasing 13,000 company shares during the most recent quarter which is valued at $1,477,970. Equifax makes up approx 0.45% of Pensionfund Sabic’s portfolio.

On the company’s financial health, Equifax reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $1.11. The company had revenue of $666.30 million for the quarter, compared to analysts expectations of $662.67 million. The company’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS.

Many Wall Street Analysts have commented on Equifax. Company shares were Reiterated by Stifel on Apr 12, 2016 to “Buy”, Firm has raised the Price Target to $ 126 from a previous price target of $120 .Equifax was Initiated by Morgan Stanley to “Overweight” on Feb 23, 2016. Shares were Reiterated by Barclays on Feb 12, 2016 to “Overweight” and Lowered the Price Target to $ 115 from a previous price target of $125 .

Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses governments and consumers. The Company’s products and services are based on databases of consumer and business information derived from numerous types of credit financial assets telecommunications and utility payment employment income public record demographic and marketing data. It provides information technology and services to support debt collections and recovery management. In addition it is also a provider of payroll-related and human resource management business process outsourcing services in the United States of America. The Company’s clients include financial institutions corporations governments and individuals. The Company has four operating segments which include U.S. Information Solutions (USIS) International Workforce Solutions and North America Personal Solutions.

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