Ativo Capital Management Lowers stake in Equifax (EFX)

Equifax (EFX) : Ativo Capital Management reduced its stake in Equifax by 7.27% during the most recent quarter end. The investment management company now holds a total of 32,650 shares of Equifax which is valued at $4 Million after selling 2,560 shares in Equifax , the firm said in a disclosure report filed with the SEC on May 13, 2016.Equifax makes up approximately 1.11% of Ativo Capital Management’s portfolio.

Other Hedge Funds, Including , Capital Analysts reduced its stake in EFX by selling 293 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 18,144 shares of EFX which is valued at $2.2 Million. Equifax makes up approx 0.45% of Capital Analysts’s portfolio.Segall Bryant Hamill boosted its stake in EFX in the latest quarter, The investment management firm added 3,150 additional shares and now holds a total of 13,909 shares of Equifax which is valued at $1.7 Million. Equifax makes up approx 0.04% of Segall Bryant Hamill’s portfolio.Norinchukin Bank The boosted its stake in EFX in the latest quarter, The investment management firm added 556 additional shares and now holds a total of 6,091 shares of Equifax which is valued at $746,696. Equifax makes up approx 0.02% of Norinchukin Bank The’s portfolio. Convergence Investment Partners sold out all of its stake in EFX during the most recent quarter. The investment firm sold 13,539 shares of EFX which is valued $1.7 Million.Buffington Mohr Mcneal boosted its stake in EFX in the latest quarter, The investment management firm added 2,750 additional shares and now holds a total of 12,400 shares of Equifax which is valued at $1.5 Million. Equifax makes up approx 0.66% of Buffington Mohr Mcneal’s portfolio.

Equifax closed down -0.27 points or -0.22% at $124.89 with 6,01,797 shares getting traded on Wednesday. Post opening the session at $125.54, the shares hit an intraday low of $124.67 and an intraday high of $125.855 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Equifax reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.15. The company had revenue of $728.30 million for the quarter, compared to analysts expectations of $696.57 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.

Many Wall Street Analysts have commented on Equifax. Equifax was Initiated by Jefferies to “Hold” on May 9, 2016. Company shares were Reiterated by Barclays on Apr 29, 2016 to “Overweight”, Firm has raised the Price Target to $ 135 from a previous price target of $125 .Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 126 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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