Equinix, Inc. $EQIX Shares Bought by MUFG Securities EMEA plc

MUFG Securities EMEA plc boosted its holdings in Equinix, Inc. (NASDAQ:EQIX) by 114.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,025 shares of the financial services provider’s stock after buying an additional 2,152 shares during the quarter. MUFG Securities EMEA plc’s holdings in Equinix were worth $3,084,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bearing Point Capital LLC increased its stake in Equinix by 10.4% in the fourth quarter. Bearing Point Capital LLC now owns 693 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 65 shares during the last quarter. Texas Yale Capital Corp. increased its stake in Equinix by 3.1% in the fourth quarter. Texas Yale Capital Corp. now owns 493 shares of the financial services provider’s stock valued at $378,000 after purchasing an additional 15 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Equinix by 9.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 61,323 shares of the financial services provider’s stock valued at $46,983,000 after purchasing an additional 5,390 shares during the last quarter. Welch & Forbes LLC increased its stake in Equinix by 3.1% in the fourth quarter. Welch & Forbes LLC now owns 25,179 shares of the financial services provider’s stock valued at $19,291,000 after purchasing an additional 765 shares during the last quarter. Finally, Gulf International Bank UK Ltd increased its stake in Equinix by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 4,872 shares of the financial services provider’s stock valued at $3,733,000 after purchasing an additional 22 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Equinix Trading Down 1.6%

Shares of EQIX opened at $1,050.77 on Tuesday. The company has a market capitalization of $103.63 billion, a P/E ratio of 72.72, a P/E/G ratio of 2.01 and a beta of 0.99. Equinix, Inc. has a one year low of $710.52 and a one year high of $1,128.68. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a 50-day moving average price of $1,049.12 and a 200 day moving average price of $906.40.

Equinix (NASDAQ:EQIX) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, beating analysts’ consensus estimates of $4.30 by $6.49. The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.52 billion. Equinix had a return on equity of 10.03% and a net margin of 15.07%.Equinix’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $9.67 earnings per share. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. Sell-side analysts forecast that Equinix, Inc. will post 37.72 EPS for the current fiscal year.

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $5.16 per share. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, May 20th. Equinix’s dividend payout ratio (DPR) is currently 142.84%.

Insider Activity at Equinix

In other Equinix news, CEO Adaire Fox-Martin sold 1,086 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $966.20, for a total transaction of $1,049,293.20. Following the transaction, the chief executive officer owned 19,574 shares of the company’s stock, valued at $18,912,398.80. This trade represents a 5.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Raouf Abdel sold 2,040 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,083.47, for a total value of $2,210,278.80. Following the transaction, the executive vice president directly owned 5,728 shares in the company, valued at approximately $6,206,116.16. This represents a 26.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,769 shares of company stock worth $14,191,079 over the last quarter. 0.27% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. BMO Capital Markets upped their target price on Equinix from $925.00 to $1,050.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Barclays upped their price target on Equinix from $1,020.00 to $1,109.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. The Goldman Sachs Group upped their price target on Equinix from $894.00 to $1,015.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Citigroup restated an “outperform” rating on shares of Equinix in a research note on Thursday, April 30th. Finally, Stifel Nicolaus set a $1,075.00 price target on Equinix in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Equinix presently has an average rating of “Moderate Buy” and an average price target of $1,143.60.

Equinix 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.