Campbell & CO Investment Adviser LLC Acquires 67 Shares of Equinix, Inc. $EQIX

Campbell & CO Investment Adviser LLC lifted its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 21.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 384 shares of the financial services provider’s stock after purchasing an additional 67 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Equinix were worth $305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Equinix by 28.9% in the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after buying an additional 73 shares during the last quarter. Private Advisor Group LLC grew its position in Equinix by 14.9% in the first quarter. Private Advisor Group LLC now owns 3,700 shares of the financial services provider’s stock worth $3,017,000 after acquiring an additional 479 shares in the last quarter. Kestra Private Wealth Services LLC increased its stake in Equinix by 50.5% in the first quarter. Kestra Private Wealth Services LLC now owns 1,124 shares of the financial services provider’s stock valued at $916,000 after acquiring an additional 377 shares during the last quarter. OneAscent Financial Services LLC bought a new position in Equinix in the first quarter valued at $282,000. Finally, Teachers Retirement System of The State of Kentucky raised its position in Equinix by 2.7% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 16,308 shares of the financial services provider’s stock valued at $13,296,000 after purchasing an additional 427 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EQIX. Truist Financial upped their price objective on Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Cfra Research lowered Equinix from a “moderate buy” rating to a “hold” rating in a research note on Thursday, July 31st. JMP Securities reissued a “market outperform” rating and set a $1,200.00 price target on shares of Equinix in a research note on Tuesday, July 22nd. Barclays upped their price objective on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Finally, Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Equinix has an average rating of “Buy” and an average target price of $960.76.

Insider Transactions at Equinix

In other Equinix news, EVP Raouf Abdel sold 404 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of the transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This represents a 5.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brandi Galvin Morandi sold 100 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $840.47, for a total value of $84,047.00. Following the completion of the sale, the insider owned 8,277 shares of the company’s stock, valued at approximately $6,956,570.19. This trade represents a 1.19% decrease in their position. The SEC filing for this sale provides additional information. 0.27% of the stock is owned by insiders.

Equinix Stock Down 1.1%

Shares of NASDAQ EQIX opened at $776.88 on Tuesday. The firm’s fifty day moving average is $804.26 and its 200 day moving average is $816.28. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29. The company has a market cap of $76.28 billion, a price-to-earnings ratio of 71.14, a PEG ratio of 1.38 and a beta of 0.92.

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

Equinix Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be paid a $4.69 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 annualized dividend and a dividend yield of 2.4%. Equinix’s dividend payout ratio (DPR) is presently 171.79%.

Equinix Company Profile

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.