Wealthtrust Fairport buys $10,126,996 stake in Equifax (EFX)

Equifax (EFX) : Wealthtrust Fairport scooped up 1,371 additional shares in Equifax during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 76,511 shares of Equifax which is valued at $10,126,996.Equifax makes up approximately 1.29% of Wealthtrust Fairport’s portfolio.

Other Hedge Funds, Including , Ahl Partners Llp reduced its stake in EFX by selling 3,989 shares or 35.03% in the most recent quarter. The Hedge Fund company now holds 7,398 shares of EFX which is valued at $979,199. Equifax makes up approx 0.06% of Ahl Partners Llp’s portfolio.Allianz Asset Management Ag boosted its stake in EFX in the latest quarter, The investment management firm added 56,503 additional shares and now holds a total of 178,331 shares of Equifax which is valued at $23,603,891. Equifax makes up approx 0.03% of Allianz Asset Management Ag’s portfolio.Btim Corp. reduced its stake in EFX by selling 475 shares or 5.38% in the most recent quarter. The Hedge Fund company now holds 8,350 shares of EFX which is valued at $1,096,856. Equifax makes up approx 0.02% of Btim Corp.’s portfolio.Victory Capital Management Inc boosted its stake in EFX in the latest quarter, The investment management firm added 221 additional shares and now holds a total of 6,351 shares of Equifax which is valued at $842,714.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.

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 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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