Equifax (EFX) : Jensen Investment Management Inc reduced its stake in Equifax by 2.1% during the most recent quarter end. The investment management company now holds a total of 153,288 shares of Equifax which is valued at $20,752,129 after selling 3,285 shares in Equifax , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Equifax makes up approximately 0.31% of Jensen Investment Management Inc’s portfolio.
Other Hedge Funds, Including , Artemis Investment Management Llp reduced its stake in EFX by selling 24,284 shares or 26.28% in the most recent quarter. The Hedge Fund company now holds 68,118 shares of EFX which is valued at $9,221,815. Equifax makes up approx 0.24% of Artemis Investment Management Llp’s portfolio.Butensky Cohen Financial Security Inc reduced its stake in EFX by selling 1,915 shares or 15.65% in the most recent quarter. The Hedge Fund company now holds 10,323 shares of EFX which is valued at $1,397,528. Equifax makes up approx 1.36% of Butensky Cohen Financial Security Inc’s portfolio.Oakbrook Investments reduced its stake in EFX by selling 425 shares or 19.77% in the most recent quarter. The Hedge Fund company now holds 1,725 shares of EFX which is valued at $234,221. Equifax makes up approx 0.01% of Oakbrook Investments’s portfolio. Cutler Group Lp sold out all of its stake in EFX during the most recent quarter. The investment firm sold 700 shares of EFX which is valued $93,394.
Equifax closed down -1.03 points or -0.77% at $132.46 with 12,79,360 shares getting traded on Friday. Post opening the session at $133.77, the shares hit an intraday low of $132.28 and an intraday high of $134.61 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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 .
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.