Equinix Inc (NASDAQ:EQIX) Sentiment Increased in Q3 2017

Lloyd Doyle
January 13, 2018

Marvin & Palmer Associates Inc sold 18,090 shares as the company's stock rose 1.30% with the market. The stock decreased 0.66% or $0.09 during the last trading session, reaching $13.61. About 336,964 shares traded. Equinix, Inc. (NASDAQ:EQIX) has risen 24.40% since January 9, 2017 and is uptrending. It has outperformed by 7.70% the S&P500. Quadrant Capital Group LLC now owns 619 shares of the company's stock worth $214,000 after buying an additional 4 shares during the last quarter. Symphony Asset Management Llc who had been investing in Equinix Inc Com for a number of months, seems to be bullish on the $34.99 billion market cap company. JPMorgan Chase & Co. now owns 1,182,730 shares of the financial services provider's stock valued at $507,583,000 after purchasing an additional 214,396 shares in the last quarter. About 1.11M shares traded or 21.92% up from the average. It has outperformed by 10.05% the S&P500. City reported 182 shares stake. (NASDAQ:REIT) rating on Wednesday, August 2.

Since August 7, 2017, it had 0 insider buys, and 6 insider sales for $4.14 million activity. 1,090 shares valued at $501,183 were sold by Meyers Charles J on Friday, September 1. It also reduced its holding in Zimmer Biomet Holdings Inc (ZMH) by 7,705 shares in the quarter, leaving it with 1,678 shares, and cut its stake in Markel Corp (NYSE:MKL). (NASDAQ:REIT) was sold by VAN CAMP PETER on Monday, August 7. TAYLOR KEITH D sold $686,759 worth of stock. We have $403.13 PT which if reached, will make NASDAQ:REIT worth $3.12 billion less. The analyst recommendations from a month ago are 20 Buy, 1 Overweight, 0 Sell, 4 Hold and 0 Underweight. Therefore 91% are positive. Canaccord Genuity maintained Equinix, Inc. The stock of Snap-on Incorporated (NYSE:SNA) has "Buy" rating given on Monday, October 23 by Barrington. Stifel Nicolaus upgraded the shares of EQIX in report on Tuesday, January 5 to "Buy" rating. The company was maintained on Wednesday, September 13 by Stifel Nicolaus. (NASDAQ:CBAY) earned "Buy" rating by Roth Capital on Friday, July 1.

In other Equinix news, Director Christopher B. Paisley sold 593 shares of the stock in a transaction on Monday, November 6th. Oppenheimer maintained it with "Buy" rating and $20000 target in Tuesday, June 27 report. The firm has "Buy" rating given on Friday, August 12 by Canaccord Genuity. Cowen reiterated a "buy" rating and issued a $482.00 price target on shares of Equinix in a research note on Friday, November 10th.

Investors sentiment decreased to 1.4 in 2017 Q3. The firm has a market cap of $35,670.00, a P/E ratio of 148.05, a P/E/G ratio of 1.56 and a beta of 0.46. The ratio dropped, as 236 hedge funds started new or increased positions, while 168 sold and decreased their holdings in Equinix Inc. Deutsche Comml Bank Ag holds 0.15% of its portfolio in Equinix, Inc. 199 are held by Point72 Asia (Hong Kong) Limited. Corporate insiders own 0.58% of the company's stock. Janney Montgomery Scott invested in 0.02% or 3,163 shares. Mutual Of America Limited Liability Co holds 0.07% or 9,271 shares. (NASDAQ:REIT). Sg Americas Secs Ltd Liability Com holds 0.02% or 5,563 shares in its portfolio. X Mngmt Co Ltd Liability accumulated 1,013 shares. Fifth Third Bancshares holds 4,371 shares or 0.01% of its portfolio. Proshare Advisors Llc reported 25,061 shares. Next Fin Group holds 0.07% in Equinix, Inc. Morgan Stanley holds 0% or 135,086 shares. The number of shares now owned by investors are 77.97 mln. (NASDAQ:REIT). Comgest Glob Investors Sas has 0.14% invested in Equinix, Inc. (NASDAQ:REIT) or 1,500 shares.

Investors sentiment decreased to 0.5 in Q3 2017. Its down 0.15, from 0.91 in 2017Q2. It improved, as 8 investors sold MOD shares while 40 reduced holdings. 46 funds opened positions while 121 raised stakes. 47,833 were reported by Royal Financial Bank Of Canada. Following the sale, the chief operating officer now owns 845 shares in the company, valued at $325,325. Janus Henderson Group PLC now owns 499,004 shares of the financial services provider's stock valued at $214,150,000 after purchasing an additional 468,162 shares in the last quarter. Eqis Capital Mngmt has 0.05% invested in CoreCivic, Inc. (NYSE:PHM) for 463,762 shares. Artisan Prns Limited Partnership accumulated 578,020 shares. Enterprise Services Corporation holds 25 shares or 0.01% of its portfolio. Spectrum Management Gp holds 0.54% or 9,937 shares. Donaldson Cap Management holds 0.12% in Cummins Inc. Barrow Hanley Mewhinney And Strauss stated it has 6,290 shares. It is without change, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. Rhumbline Advisers invested 0.01% in Yelp Inc. (NYSE:CMI). Monetary Gru invested 0.01% in Cummins Inc. (NYSE:CMI). Parsec Management stated it has 0.04% in Cummins Inc. Therefore 100% are positive. Modine Manufacturing had 7 analyst reports since August 4, 2015 according to SRatingsIntel. (NASDAQ:REIT) on Monday, March 21 with "Equal-Weight" rating.


Relative strength index (RSI-14) for Equinix, Inc. (SCMP). The consensus rating is 2.7, suggesting the market has given up on the stock. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. The stock of Yelp Inc. (NYSE:CXW) on Tuesday, March 22 with "Hold" rating. Jefferies maintained it with "Hold" rating and $180 target in Wednesday, November 1 report. (NASDAQ:REIT) has "Buy" rating given on Friday, December 2 by Guggenheim. SunTrust initiated the stock with "Buy" rating in Tuesday, November 24 report.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 13th. The firm has "Buy" rating given on Tuesday, September 8 by H.C. Wainwright.

Analysts await Cummins Inc. (NYSE:CMI) to report earnings on February, 8. During the same period in the prior year, the business earned $3.95 EPS. equities analysts predict that Equinix will post 16.05 EPS for the current year. It also upped Ecolab Inc (NYSE:ECL) stake by 28,358 shares and now owns 1.57M shares.

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