Mesirow Monetary Funding Administration Inc. boosted its holdings in Equinix, Inc. (NASDAQ:EQIX – Free Report) by 4.4% in the course of the third quarter, Holdings Channel stories. The fund owned 494 shares of the monetary providers supplier’s inventory after buying a further 21 shares in the course of the interval. Mesirow Monetary Funding Administration Inc.’s holdings in Equinix had been value $439,000 as of its most up-to-date submitting with the Securities and Change Fee.
Different hedge funds have additionally added to or diminished their stakes within the firm. Empowered Funds LLC elevated its stake in shares of Equinix by 29.4% in the course of the first quarter. Empowered Funds LLC now owns 1,620 shares of the monetary providers supplier’s inventory value $1,337,000 after buying a further 368 shares in the course of the interval. Susquehanna Basic Investments LLC acquired a brand new stake in shares of Equinix in the course of the first quarter value $743,000. Concurrent Funding Advisors LLC boosted its place in shares of Equinix by 38.4% within the first quarter. Concurrent Funding Advisors LLC now owns 1,060 shares of the monetary providers supplier’s inventory valued at $874,000 after buying a further 294 shares in the course of the interval. QRG Capital Administration Inc. grew its stake in shares of Equinix by 370.0% within the first quarter. QRG Capital Administration Inc. now owns 4,700 shares of the monetary providers supplier’s inventory valued at $3,879,000 after buying a further 3,700 shares within the final quarter. Lastly, Bleakley Monetary Group LLC elevated its place in Equinix by 1.5% in the course of the first quarter. Bleakley Monetary Group LLC now owns 3,513 shares of the monetary providers supplier’s inventory value $2,899,000 after buying a further 51 shares in the course of the interval. Institutional buyers and hedge funds personal 94.94% of the corporate’s inventory.
Equinix Value Efficiency
EQIX inventory opened at $913.50 on Tuesday. The agency has a 50 day easy transferring common of $877.98 and a two-hundred day easy transferring common of $812.12. The corporate has a debt-to-equity ratio of 1.12, a present ratio of 1.16 and a fast ratio of 1.16. The inventory has a market cap of $88.14 billion, a PE ratio of 82.37, a P/E/G ratio of two.31 and a beta of 0.71. Equinix, Inc. has a one yr low of $684.14 and a one yr excessive of $943.02.
Equinix Broadcasts Dividend
The corporate additionally just lately declared a quarterly dividend, which will probably be paid on Wednesday, December eleventh. Shareholders of document on Wednesday, November thirteenth will probably be given a dividend of $4.26 per share. The ex-dividend date of this dividend is Wednesday, November thirteenth. This represents a $17.04 dividend on an annualized foundation and a yield of 1.87%. Equinix’s payout ratio is 153.65%.
Insiders Place Their Bets
In different information, insider Brandi Galvin Morandi bought 864 shares of the inventory in a transaction dated Tuesday, September tenth. The inventory was bought at a median worth of $850.00, for a complete transaction of $734,400.00. Following the transaction, the insider now instantly owns 9,094 shares within the firm, valued at roughly $7,729,900. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the Securities & Change Fee, which might be accessed via this hyperlink. In associated information, insider Brandi Galvin Morandi bought 864 shares of the inventory in a transaction on Tuesday, September tenth. The shares had been bought at a median worth of $850.00, for a complete transaction of $734,400.00. Following the transaction, the insider now owns 9,094 shares of the corporate’s inventory, valued at roughly $7,729,900. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible via this hyperlink. Additionally, CAO Simon Miller bought 569 shares of the enterprise’s inventory in a transaction on Wednesday, September 4th. The inventory was bought at a median worth of $820.91, for a complete transaction of $467,097.79. Following the completion of the sale, the chief accounting officer now instantly owns 5,554 shares of the corporate’s inventory, valued at $4,559,334.14. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale might be discovered right here. Insiders bought a complete of 12,632 shares of firm inventory valued at $10,633,777 during the last 90 days. Insiders personal 0.27% of the corporate’s inventory.
Analyst Scores Modifications
Numerous analysis companies have commented on EQIX. Hsbc International Res upgraded Equinix from a “maintain” ranking to a “strong-buy” ranking in a analysis observe on Friday, October 4th. JPMorgan Chase & Co. raised their worth goal on Equinix from $950.00 to $975.00 and gave the inventory an “obese” ranking in a analysis report on Tuesday, October 1st. Barclays upped their worth goal on shares of Equinix from $671.00 to $810.00 and gave the inventory an “equal weight” ranking in a analysis report on Monday, October twenty eighth. The Goldman Sachs Group raised their goal worth on shares of Equinix from $870.00 to $980.00 and gave the corporate a “purchase” ranking in a report on Thursday, September twenty sixth. Lastly, BMO Capital Markets elevated their worth goal on shares of Equinix from $975.00 to $1,020.00 and gave the inventory an “outperform” ranking in a analysis report on Thursday, October thirty first. 5 analysts have rated the inventory with a maintain ranking, fourteen have issued a purchase ranking and one has assigned a robust purchase ranking to the corporate. In response to knowledge from MarketBeat, the inventory at the moment has a consensus ranking of “Reasonable Purchase” and a median worth goal of $944.63.
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Equinix Profile
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure firm . Digital leaders harness Equinix’s trusted platform to carry collectively and interconnect foundational infrastructure at software program pace. Equinix permits organizations to entry all the fitting locations, companions and potentialities to scale with agility, pace the launch of digital providers, ship world-class experiences and multiply their worth, whereas supporting their sustainability objectives.
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