Wealthtrust Fairport buys $9,175,199 stake in Equifax (EFX)

Equifax (EFX) : Wealthtrust Fairport scooped up 1,371 additional shares in Equifax during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 76,511 shares of Equifax which is valued at $9,175,199.Equifax makes up approximately 1.23% of Wealthtrust Fairport’s portfolio.

Other Hedge Funds, Including , Carderock Capital Management Inc added EFX to its portfolio by purchasing 12,494 company shares during the most recent quarter which is valued at $1,498,280. Equifax makes up approx 0.78% of Carderock Capital Management Inc’s portfolio.Braun Stacey Associates Inc reduced its stake in EFX by selling 15,465 shares or 9.67% in the most recent quarter. The Hedge Fund company now holds 144,480 shares of EFX which is valued at $17,326,042. Equifax makes up approx 1.13% of Braun Stacey Associates Inc’s portfolio.First Mercantile Trust Co reduced its stake in EFX by selling 1,800 shares or 18.16% in the most recent quarter. The Hedge Fund company now holds 8,113 shares of EFX which is valued at $975,588. Equifax makes up approx 0.12% of First Mercantile Trust Co’s portfolio.Commerce Bank boosted its stake in EFX in the latest quarter, The investment management firm added 23 additional shares and now holds a total of 28,004 shares of Equifax which is valued at $3,367,481. Equifax makes up approx 0.06% of Commerce Bank’s portfolio.

Equifax opened for trading at $121.93 and hit $124.65 on the upside on Tuesday, eventually ending the session at $124.59, with a gain of 2.99% or 3.62 points. The heightened volatility saw the trading volume jump to 11,23,667 shares. Company has a market cap of $14,828 M.

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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