Market News

Tpg-Axon Management LP Has Cut Holding in Equifax (EFX) as Stock Value Rose; Covanta Hldg (CVA) Shareholder Financial & Investment Management Group LTD Has Lowered Stake by $1.82 Million

Equifax Inc. (NYSE:EFX) Logo

Financial & Investment Management Group Ltd decreased its stake in Covanta Hldg Corp (CVA) by 50.81% based on its latest 2018Q1 regulatory filing with the SEC. Financial & Investment Management Group Ltd sold 129,706 shares as the company’s stock rose 2.94% while stock markets declined. The institutional investor held 125,590 shares of the central company at the end of 2018Q1, valued at $1.82 million, down from 255,296 at the end of the previous reported quarter. Financial & Investment Management Group Ltd who had been investing in Covanta Hldg Corp for a number of months, seems to be less bullish one the $2.16B market cap company. The stock increased 0.91% or $0.15 during the last trading session, reaching $16.7. About 822,135 shares traded or 9.48% up from the average. Covanta Holding Corporation (NYSE:CVA) has risen 7.51% since June 17, 2017 and is uptrending. It has underperformed by 5.06% the S&P500. Some Historical CVA News: 10/05/2018 – Covanta and Partners Collect Nearly Four Tons of E-Waste at Annual Event in Newark; 10/05/2018 – S&PGR Rts Covanta Holding’s $30M VSBFA Unsecd Bnds ‘B’ (RR: 6); 26/04/2018 – COVANTA HOLDING 1Q OPER REV. $458M, EST. $431.3M; 26/04/2018 – COVANTA HOLDING CORP CVA.N – QTRLY ADJ SHR LOSS $0.09; 18/04/2018 – COVANTA ENVIRONMENTAL SOLUTIONS- AWARDED CONTRACT FOR NEW YORK DEPARTMENT OF ENVIRONMENTAL CONSERVATION’S PILOT PHARMACEUTICAL TAKE BACK PROGRAM; 03/05/2018 – Covanta Declares Regular Quarterly Cash Dividend; 23/05/2018 – Covanta CEO Stephen Jones to Speak at 7th Annual World Waste to Energy and Resources Summit in London; 16/03/2018 – Covanta Holding Closes Below 200-Day Moving Average: Technicals; 26/04/2018 – COVANTA HOLDING CORP CVA.N – QTRLY REVENUE $458 MLN VS $404 MLN LAST YEAR; 26/04/2018 – COVANTA HOLDING 1Q ADJ LOSS/SHR 9C, EST. LOSS/SHR 23C

Tpg-Axon Management Lp decreased its stake in Equifax Inc (EFX) by 36.62% based on its latest 2018Q1 regulatory filing with the SEC. Tpg-Axon Management Lp sold 30,500 shares as the company’s stock rose 0.15% while stock markets declined. The hedge fund held 52,790 shares of the finance company at the end of 2018Q1, valued at $6.22 million, down from 83,290 at the end of the previous reported quarter. Tpg-Axon Management Lp who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $14.92B market cap company. The stock decreased 1.06% or $1.33 during the last trading session, reaching $124.01. About 1.17 million shares traded or 18.45% up from the average. Equifax Inc. (NYSE:EFX) has declined 15.98% since June 17, 2017 and is downtrending. It has underperformed by 28.55% the S&P500. Some Historical EFX News: 25/04/2018 – Equifax 1Q Adj EPS $1.43; 28/03/2018 – EQUIFAX INC – BEGOR WILL SUCCEED PAULINO DO REGO BARROS, JR; 23/03/2018 – From Online Shopping to the F&I Office, ProMax Adds Speed to Car Selling with Equifax; 15/03/2018 – DOJ Bring Charges Against Former Equifax CIO (Audio); 14/03/2018 – Ex-Equifax executive charged after […]; 25/04/2018 – Equifax 1Q EPS 75c; 25/04/2018 – Equifax 1Q Net $90.9M; 14/03/2018 – SEC SAYS FORMER EQUIFAX EXECUTIVE ENGAGED IN INSIDER TRADING; 14/03/2018 – DoJ GA Northern: Former Equifax employee indicted for insider trading; 16/03/2018 – Warren slams Equifax over insider-trading scandal

Since May 25, 2018, it had 1 buy, and 0 insider sales for $1.00 million activity.

Investors sentiment increased to 0.87 in 2018 Q1. Its up 0.01, from 0.86 in 2017Q4. It improved, as 39 investors sold EFX shares while 149 reduced holdings. 53 funds opened positions while 111 raised stakes. 102.64 million shares or 2.69% less from 105.48 million shares in 2017Q4 were reported. Suntrust Banks holds 0.03% or 42,259 shares. Sun Life Financial Incorporated accumulated 0% or 64 shares. Ironwood Counsel Lc stated it has 2,530 shares or 0.13% of all its holdings. Bancshares Of Montreal Can stated it has 83,264 shares or 0.01% of all its holdings. Principal Fincl Gru Inc holds 0.02% or 174,265 shares in its portfolio. Harding Loevner LP stated it has 0% in Equifax Inc. (NYSE:EFX). State Teachers Retirement Sys invested in 0.05% or 181,361 shares. Halsey Associate Ct holds 0.04% or 1,878 shares in its portfolio. Plante Moran Financial Advsr Lc invested in 0.01% or 232 shares. Trexquant Inv Limited Partnership stated it has 0.17% of its portfolio in Equifax Inc. (NYSE:EFX). Vident Advisory Ltd Liability Com reported 5,044 shares or 0.02% of all its holdings. Fiduciary holds 14,630 shares or 0.05% of its portfolio. Delta Asset Mgmt Ltd Liability Co Tn holds 0% or 90 shares. Investment Svcs Inc Wi stated it has 1.14% in Equifax Inc. (NYSE:EFX). Cibc World Markets Corporation has invested 0.02% in Equifax Inc. (NYSE:EFX).

Analysts await Equifax Inc. (NYSE:EFX) to report earnings on July, 25. They expect $1.54 earnings per share, down 3.75% or $0.06 from last year’s $1.6 per share. EFX’s profit will be $185.23 million for 20.13 P/E if the $1.54 EPS becomes a reality. After $1.43 actual earnings per share reported by Equifax Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Tpg-Axon Management Lp, which manages about $5.78 billion and $105.89M US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 56,200 shares to 73,200 shares, valued at $11.70 million in 2018Q1, according to the filing. It also increased its holding in Playa Hotels & Resorts Nv by 400,000 shares in the quarter, for a total of 964,700 shares, and has risen its stake in Allergan Plc.

Among 18 analysts covering Equifax Inc (NYSE:EFX), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Equifax Inc had 66 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $15100 target in Thursday, July 27 report. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, April 27. The firm earned “Buy” rating on Thursday, September 7 by Cowen & Co. The stock of Equifax Inc. (NYSE:EFX) has “Equal Weight” rating given on Monday, May 1 by Stephens. The rating was maintained by Morgan Stanley on Monday, November 13 with “Equal-Weight”. The rating was maintained by Morgan Stanley on Friday, September 8 with “Equal-Weight”. Barclays Capital maintained Equifax Inc. (NYSE:EFX) rating on Thursday, September 14. Barclays Capital has “Overweight” rating and $115 target. The stock of Equifax Inc. (NYSE:EFX) earned “Buy” rating by Evercore on Friday, September 8. The stock of Equifax Inc. (NYSE:EFX) has “Hold” rating given on Monday, May 9 by Jefferies. Cowen & Co maintained the shares of EFX in report on Friday, March 9 with “Buy” rating.

More recent Equifax Inc. (NYSE:EFX) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for Humana, DexCom, Royal Dutch Shell, First Connecticut …” on June 14, 2018. Also Streetinsider.com published the news titled: “Equifax (EFX) Appoints Bryson Koehler as New Chief Technology Officer” on June 14, 2018. Seekingalpha.com‘s news article titled: “Equifax +6% touches four-month high as execs meet with investors” with publication date: June 06, 2018 was also an interesting one.

Among 12 analysts covering Covanta (NYSE:CVA), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Covanta had 52 analyst reports since October 8, 2015 according to SRatingsIntel. Imperial Capital maintained Covanta Holding Corporation (NYSE:CVA) on Thursday, October 29 with “Outperform” rating. The firm has “Buy” rating by Oppenheimer given on Monday, July 17. The firm earned “Neutral” rating on Friday, November 6 by Credit Suisse. Macquarie Research initiated Covanta Holding Corporation (NYSE:CVA) rating on Friday, August 26. Macquarie Research has “Neutral” rating and $18 target. The firm earned “Buy” rating on Friday, March 18 by Stifel Nicolaus. BMO Capital Markets maintained the stock with “Outperform” rating in Monday, October 30 report. As per Thursday, April 28, the company rating was maintained by Imperial Capital. Oppenheimer initiated the stock with “Outperform” rating in Thursday, December 3 report. The rating was maintained by Robert W. Baird with “Buy” on Friday, September 1. The stock of Covanta Holding Corporation (NYSE:CVA) has “Buy” rating given on Tuesday, December 19 by Oppenheimer.

Analysts await Covanta Holding Corporation (NYSE:CVA) to report earnings on July, 26. They expect $-0.10 EPS, up 54.55% or $0.12 from last year’s $-0.22 per share. After $-0.09 actual EPS reported by Covanta Holding Corporation for the previous quarter, Wall Street now forecasts 11.11% negative EPS growth.

Financial & Investment Management Group Ltd, which manages about $825.08 million and $311.16 million US Long portfolio, upped its stake in Templeton Global Income Fd (GIM) by 820,153 shares to 1.18M shares, valued at $7.56M in 2018Q1, according to the filing. It also increased its holding in Brixmor Ppty Group Inc (NYSE:BRX) by 137,493 shares in the quarter, for a total of 447,096 shares, and has risen its stake in Vereit Inc.

More news for Covanta Holding Corporation (NYSE:CVA) were recently published by: Seekingalpha.com, which released: “Monthly Waste Recap: Scrap Imports, Mergers, Recycling, And More” on June 06, 2018. Prnewswire.com‘s article titled: “Billion Dollar Waste Management Industry Undergoing Transformation for Reducing Disposal Costs” and published on June 07, 2018 is yet another important article.

Equifax Inc. (NYSE:EFX) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *