North Star Asset Management Inc Lowers stake in Equifax (EFX)

Equifax (EFX) : North Star Asset Management Inc reduced its stake in Equifax by 3.16% during the most recent quarter end. The investment management company now holds a total of 89,117 shares of Equifax which is valued at $11,767,900 after selling 2,907 shares in Equifax , the firm said in a disclosure report filed with the SEC on Oct 5, 2016.Equifax makes up approximately 1.33% of North Star Asset Management Inc’s portfolio.

Other Hedge Funds, Including , Chevy Chase Trust Holdings reduced its stake in EFX by selling 1,942 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 100,651 shares of EFX which is valued at $13,290,965. Equifax makes up approx 0.07% of Chevy Chase Trust Holdings’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. Washington Trust Bank added EFX to its portfolio by purchasing 29 company shares during the most recent quarter which is valued at $7,659. Norman Fields Gottscho Capital Management added EFX to its portfolio by purchasing 4,500 company shares during the most recent quarter which is valued at $594,225. Equifax makes up approx 0.40% of Norman Fields Gottscho Capital Management’s portfolio.

Equifax closed down -0.7 points or -0.52% at $133.27 with 4,02,075 shares getting traded on Tuesday. Post opening the session at $133.85, the shares hit an intraday low of $132.75 and an intraday high of $134.56 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 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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