Simon Quick Advisors LLC Has $434,000 Stake in Equinix, Inc. $EQIX

Simon Quick Advisors LLC increased its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 36.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 545 shares of the financial services provider’s stock after buying an additional 145 shares during the period. Simon Quick Advisors LLC’s holdings in Equinix were worth $434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Equinix by 1.9% during the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock worth $10,523,576,000 after buying an additional 242,121 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in Equinix by 298,148.6% in the second quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider’s stock valued at $6,488,728,000 after buying an additional 8,154,365 shares during the period. JPMorgan Chase & Co. raised its stake in Equinix by 22.5% in the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after buying an additional 291,753 shares during the period. Northern Trust Corp raised its stake in Equinix by 2.7% in the first quarter. Northern Trust Corp now owns 1,524,515 shares of the financial services provider’s stock valued at $1,243,013,000 after buying an additional 40,734 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Equinix by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,333,635 shares of the financial services provider’s stock valued at $1,087,334,000 after buying an additional 25,290 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JMP Securities restated a “market outperform” rating and issued a $1,200.00 price objective on shares of Equinix in a research note on Tuesday, July 22nd. Barclays upped their price objective on Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Cowen restated a “buy” rating on shares of Equinix in a research note on Thursday. Zacks Research upgraded Equinix from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Dbs Bank upgraded Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $960.76.

Insider Buying and Selling

In related news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director owned 17,832 shares of the company’s stock, valued at $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the sale, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. This represents a 5.96% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.27% of the company’s stock.

Equinix Price Performance

Equinix stock opened at $846.01 on Monday. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The stock’s 50 day moving average is $796.54 and its 200-day moving average is $816.90. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $83.07 billion, a price-to-earnings ratio of 77.47, a PEG ratio of 1.38 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, October 29th. The financial services provider reported $9.83 EPS for the quarter, beating the consensus estimate of $9.27 by $0.56. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the prior year, the business earned $9.05 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. Equities research analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be given a dividend of $4.69 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 dividend on an annualized basis and a yield of 2.2%. Equinix’s dividend payout ratio is currently 171.79%.

About Equinix

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.