Equifax (EFX) : Montag A Associates Inc reduced its stake in Equifax by 0.69% during the most recent quarter end. The investment management company now holds a total of 107,635 shares of Equifax which is valued at $14,032,375 after selling 753 shares in Equifax , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Equifax makes up approximately 1.80% of Montag A Associates Inc’s portfolio.
Other Hedge Funds, Including , Foster Motley Inc reduced its stake in EFX by selling 22,009 shares or 34.6% in the most recent quarter. The Hedge Fund company now holds 41,602 shares of EFX which is valued at $5,423,653. Equifax makes up approx 1.05% of Foster Motley Inc’s portfolio.California State Teachers Retirement System reduced its stake in EFX by selling 1,900 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 250,911 shares of EFX which is valued at $32,711,267. Equifax makes up approx 0.07% of California State Teachers Retirement System’s portfolio.Sumitomo Mitsui Asset Management Company Ltd boosted its stake in EFX in the latest quarter, The investment management firm added 135 additional shares and now holds a total of 8,955 shares of Equifax which is valued at $1,186,179. Equifax makes up approx 0.03% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Dorsey Wright Associates reduced its stake in EFX by selling 218 shares or 5.12% in the most recent quarter. The Hedge Fund company now holds 4,041 shares of EFX which is valued at $548,687. Equifax makes up approx 0.28% of Dorsey Wright Associates’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in EFX in the latest quarter, The investment management firm added 1,905 additional shares and now holds a total of 30,807 shares of Equifax which is valued at $4,073,918. Equifax makes up approx 0.08% of Exxonmobil Investment Management Inc Tx’s portfolio.
Equifax closed down -1.48 points or -1.11% at $131.36 with 4,23,192 shares getting traded on Monday. Post opening the session at $132.71, the shares hit an intraday low of $131.14 and an intraday high of $132.8 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Equifax reported $1.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $1.36. The company had revenue of $811.30 million for the quarter, compared to analysts expectations of $802.76 million. The company’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.
Many Wall Street Analysts have commented on Equifax. Company shares were Reiterated by Stifel on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 143 from a previous price target of $131 .Equifax was Initiated by Jefferies to “Hold” on May 9, 2016.
Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses governments and consumers. The Companys 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 Companys 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.