Equifax (EFX) : Howe Rusling Inc reduced its stake in Equifax by 9.23% during the most recent quarter end. The investment management company now holds a total of 40,518 shares of Equifax which is valued at $5,281,521 after selling 4,121 shares in Equifax , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Equifax makes up approximately 1.16% of Howe Rusling Inc’s portfolio.
Other Hedge Funds, Including , Koshinski Asset Management boosted its stake in EFX in the latest quarter, The investment management firm added 634 additional shares and now holds a total of 7,085 shares of Equifax which is valued at $923,530. Equifax makes up approx 0.46% of Koshinski Asset Management’s portfolio.Private Trust Co Na boosted its stake in EFX in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 4,041 shares of Equifax which is valued at $521,249. Equifax makes up approx 0.13% of Private Trust Co Na’s portfolio.British Columbia Investment Management Corp reduced its stake in EFX by selling 3,123 shares or 5.74% in the most recent quarter. The Hedge Fund company now holds 51,317 shares of EFX which is valued at $6,601,932. Equifax makes up approx 0.07% of British Columbia Investment Management Corp’s portfolio.West Oak Capital boosted its stake in EFX in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 250 shares of Equifax which is valued at $33,013. Equifax makes up approx 0.02% of West Oak Capital’s portfolio.
Equifax opened for trading at $129.47 and hit $131.77 on the upside on Friday, eventually ending the session at $130.35, with a gain of 1.05% or 1.36 points. The heightened volatility saw the trading volume jump to 5,69,503 shares. Company has a market cap of $15,555 M.
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 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.