Boston Common Asset Management Lowers stake in Equifax (EFX)

Equifax (EFX) : Boston Common Asset Management reduced its stake in Equifax by 2.98% during the most recent quarter end. The investment management company now holds a total of 58,145 shares of Equifax which is valued at $7,889,695 after selling 1,785 shares in Equifax , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Equifax makes up approximately 1.14% of Boston Common Asset Management’s portfolio.

Other Hedge Funds, Including , Barrett Asset Management reduced its stake in EFX by selling 300 shares or 3.61% in the most recent quarter. The Hedge Fund company now holds 8,000 shares of EFX which is valued at $1,085,520. Equifax makes up approx 0.09% of Barrett Asset Management’s portfolio.Independent Portfolio Consultants reduced its stake in EFX by selling 70 shares or 6.9% in the most recent quarter. The Hedge Fund company now holds 945 shares of EFX which is valued at $126,564. Equifax makes up approx 0.04% of Independent Portfolio Consultants’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 opened for trading at $134.92 and hit $136.02 on the upside on Wednesday, eventually ending the session at $135.69, with a gain of 0.85% or 1.15 points. The heightened volatility saw the trading volume jump to 3,68,671 shares. Company has a market cap of $16,149 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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