Equifax (EFX) : Ibis Capital Partners Llp reduced its stake in Equifax by 2.98% during the most recent quarter end. The investment management company now holds a total of 182,081 shares of Equifax which is valued at $24,100,241 after selling 5,597 shares in Equifax , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Equifax makes up approximately 9.57% of Ibis Capital Partners Llp’s portfolio.
Other Hedge Funds, Including , Schwab Charles Investment Management Inc boosted its stake in EFX in the latest quarter, The investment management firm added 5,743 additional shares and now holds a total of 329,031 shares of Equifax which is valued at $43,550,543. Equifax makes up approx 0.05% of Schwab Charles Investment Management Inc’s portfolio. Martingale Asset Management L P sold out all of its stake in EFX during the most recent quarter. The investment firm sold 29,579 shares of EFX which is valued $3,915,076.New Mexico Educational Retirement Board boosted its stake in EFX in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 13,855 shares of Equifax which is valued at $1,806,276. Equifax makes up approx 0.08% of New Mexico Educational Retirement Board’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in EFX in the latest quarter, The investment management firm added 1,895 additional shares and now holds a total of 27,565 shares of Equifax which is valued at $3,593,649. Equifax makes up approx 0.05% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.
Equifax opened for trading at $131.87 and hit $133.13 on the upside on Thursday, eventually ending the session at $133.09, with a gain of 0.90% or 1.19 points. The heightened volatility saw the trading volume jump to 5,08,884 shares. Company has a market cap of $15,882 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.