2 weeks Ago By ABMN Staff
LPL Financial LLC raised its position in Equinix, Inc. ( NASDAQ:EQIX – Free Report ) by 5.7% during the fourth quarter, HoldingsChannel.
com reports. The firm owned 33,554 shares of the financial services provider’s stock after buying an additional 1,823 shares during the quarter. LPL Financial LLC’s holdings in Equinix were worth $31,638,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc.
lifted its stake in shares of Equinix by 61.6% in the 4th quarter. Oppenheimer & Co.
Inc. now owns 8,427 shares of the financial services provider’s stock valued at $7,946,000 after purchasing an additional 3,212 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Equinix by 0.
4% in the fourth quarter. Bank of New York Mellon Corp now owns 628,059 shares of the financial services provider’s stock worth $592,191,000 after buying an additional 2,560 shares during the last quarter. National Pension Service boosted its stake in shares of Equinix by 1.
3% during the 4th quarter. National Pension Service now owns 243,149 shares of the financial services provider’s stock worth $229,263,000 after acquiring an additional 3,164 shares in the last quarter. Brookfield Corp ON increased its holdings in shares of Equinix by 67.
3% during the 3rd quarter. Brookfield Corp ON now owns 80,760 shares of the financial services provider’s stock valued at $71,685,000 after acquiring an additional 32,481 shares during the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Equinix by 19.
2% in the 4th quarter. Empowered Funds LLC now owns 2,504 shares of the financial services provider’s stock valued at $2,361,000 after acquiring an additional 404 shares in the last quarter. 94.
94% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling In related news, insider Brandi Galvin Morandi sold 684 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $940.
51, for a total transaction of $643,308.84. Following the completion of the sale, the insider now owns 8,377 shares in the company, valued at $7,878,652.
27. This trade represents a 7.55 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, CFO Keith D. Taylor sold 3,184 shares of the business’s stock in a transaction dated Thursday, January 16th.
The shares were sold at an average price of $909.82, for a total transaction of $2,896,866.88.
Following the completion of the transaction, the chief financial officer now owns 22,076 shares in the company, valued at approximately $20,085,186.32. This trade represents a 12.
60 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 19,054 shares of company stock worth $17,466,950 in the last 90 days.
0.27% of the stock is owned by company insiders. Wall Street Analyst Weigh In View Our Latest Stock Report on Equinix Equinix Stock Down 2.
7 % EQIX opened at $803.00 on Friday. The company has a market capitalization of $78.
16 billion, a P/E ratio of 93.92, a P/E/G ratio of 1.78 and a beta of 0.
74. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.
63 and a quick ratio of 1.63. The firm’s fifty day moving average price is $895.
96 and its two-hundred day moving average price is $908.73. Equinix, Inc.
has a fifty-two week low of $684.14 and a fifty-two week high of $994.03.
Equinix ( NASDAQ:EQIX – Get Free Report ) last posted its earnings results on Wednesday, February 12th. The financial services provider reported $7.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.
75 by $5.17. Equinix had a net margin of 9.
32% and a return on equity of 6.31%. On average, analysts anticipate that Equinix, Inc.
will post 33.1 EPS for the current year. Equinix Increases Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th.
Stockholders of record on Wednesday, February 26th were issued a $4.69 dividend. The ex-dividend date was Wednesday, February 26th.
This is a boost from Equinix’s previous quarterly dividend of $4.26. This represents a $18.
76 dividend on an annualized basis and a dividend yield of 2.34%. Equinix’s dividend payout ratio is presently 219.
42%. Equinix Profile ( Free Report ) Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed.
Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals. Featured Stories Want to see what other hedge funds are holding EQIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equinix, Inc.
( NASDAQ:EQIX – Free Report ). Receive News & Ratings for Equinix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinix and related companies with MarketBeat.com's FREE daily email newsletter .
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