Equinix, Inc. $EQIX Shares Bought by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV raised its stake in Equinix, Inc. (NASDAQ:EQIX) by 2.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,767 shares of the financial services provider’s stock after acquiring an additional 659 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Equinix were worth $21,009,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Activest Wealth Management raised its holdings in shares of Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock valued at $25,000 after buying an additional 17 shares during the last quarter. Pinney & Scofield Inc. acquired a new position in Equinix in the fourth quarter worth approximately $28,000. GKV Capital Management Co. Inc. acquired a new position in Equinix in the first quarter worth approximately $30,000. Saudi Central Bank acquired a new position in Equinix in the first quarter worth approximately $31,000. Finally, Quarry LP acquired a new position in Equinix in the first quarter worth approximately $31,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Equinix Price Performance

Shares of Equinix stock opened at $767.93 on Friday. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The firm’s 50-day moving average price is $780.59 and its two-hundred day moving average price is $829.45. The stock has a market capitalization of $75.15 billion, a price-to-earnings ratio of 75.21, a P/E/G ratio of 1.36 and a beta of 0.92. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the business earned $9.22 earnings per share. Equinix’s quarterly revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, equities analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be given a dividend of $4.69 per share. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, August 20th. Equinix’s dividend payout ratio is presently 183.74%.

Insider Activity

In related news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, the director directly owned 17,832 shares in the company, 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 at the SEC website. Insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EQIX. Bank of America lowered their price objective on shares of Equinix from $1,000.00 to $950.00 and set a “buy” rating on the stock in a research report on Thursday, June 26th. UBS Group reduced their price objective on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research note on Friday, July 11th. Wall Street Zen lowered shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Barclays boosted their target price on shares of Equinix from $798.00 to $804.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 20th. Finally, Truist Financial upped their price objective on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. 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 data from MarketBeat.com, Equinix has an average rating of “Buy” and an average target price of $962.52.

Equinix 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.