Vinva Investment Management Ltd increased its position in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 22.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,177 shares of the financial services provider’s stock after acquiring an additional 1,520 shares during the quarter. Vinva Investment Management Ltd’s holdings in Equinix were worth $6,392,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in EQIX. Brighton Jones LLC boosted its position in shares of Equinix by 28.9% in the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 73 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in Equinix by 11.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 522 shares of the financial services provider’s stock valued at $425,000 after buying an additional 54 shares in the last quarter. Empowered Funds LLC raised its stake in Equinix by 21.8% in the first quarter. Empowered Funds LLC now owns 3,050 shares of the financial services provider’s stock valued at $2,487,000 after buying an additional 546 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in Equinix in the second quarter worth about $231,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Equinix in the second quarter worth about $26,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on EQIX. TD Cowen restated a “buy” rating on shares of Equinix in a report on Thursday, February 12th. Truist Financial upped their price target on shares of Equinix from $973.00 to $1,087.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Barclays reaffirmed a “positive” rating and issued a $870.00 price target on shares of Equinix in a report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Equinix in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group boosted their price objective on shares of Equinix from $950.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,006.91.
Insider Activity
In other Equinix news, insider Brandi Galvin Morandi sold 1,333 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $804.25, for a total value of $1,072,065.25. Following the sale, the insider directly owned 9,551 shares of the company’s stock, valued at approximately $7,681,391.75. This represents a 12.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Adaire Fox-Martin sold 2,670 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $804.08, for a total value of $2,146,893.60. Following the sale, the chief executive officer directly owned 14,857 shares in the company, valued at $11,946,216.56. This represents a 15.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,602 shares of company stock valued at $11,369,645 over the last quarter. Insiders own 0.27% of the company’s stock.
Key Stories Impacting Equinix
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Sanford C. Bernstein initiated/covered EQIX and set a high price target (strong‑buy / outperform), signaling material upside potential and boosting investor confidence. Bernstein Coverage
- Positive Sentiment: Moody’s upgraded Equinix’s senior unsecured rating to Baa1 with a stable outlook — this improves perceived credit quality and lowers refinancing/credit risk. Moody’s Upgrade
- Neutral Sentiment: Equinix closed an offering of $1.5B of senior notes (2031 & 2033 maturities at ~4.40%–4.70%), which secures funding for growth/refinancing but increases long‑term debt load. Investors will weigh use of proceeds vs. added leverage. Senior Notes Close
- Neutral Sentiment: Some outlets reported the note issuance and company filings (additional coverage via TipRanks/FinanzNachrichten), reinforcing the financing story but adding little new information. TipRanks on Notes
- Neutral Sentiment: Reported short‑interest data appears anomalous (shows 0 shares / NaN change); treat that data with caution — no clear shorting pressure signal. Zacks Note on Price Move
- Negative Sentiment: Insider selling: Chairman Charles Meyers sold ~2,716 shares and several execs reportedly sold stock recently. Executive share sales can spook investors even if pre‑planned. Insider Filing
Equinix Price Performance
Shares of NASDAQ EQIX opened at $936.90 on Monday. The business’s 50 day moving average price is $852.09 and its 200 day moving average price is $807.69. The firm has a market cap of $92.05 billion, a P/E ratio of 68.14, a P/E/G ratio of 2.41 and a beta of 1.04. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $992.90. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.40.
Equinix (NASDAQ:EQIX – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share for the quarter, missing the consensus estimate of $9.07 by ($0.16). Equinix had a return on equity of 9.60% and a net margin of 14.65%.The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the company posted $7.92 EPS. Equinix’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, sell-side analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current year.
Equinix Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, February 25th will be paid a $5.16 dividend. The ex-dividend date is Wednesday, February 25th. This is an increase from Equinix’s previous quarterly dividend of $4.69. This represents a $20.64 dividend on an annualized basis and a dividend yield of 2.2%. Equinix’s dividend payout ratio (DPR) is currently 150.11%.
Equinix Company Profile
Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.
Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.
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