Mesirow Financial Investment Management Inc. Trims Stock Position in Equinix, Inc. $EQIX

Mesirow Financial Investment Management Inc. lessened its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 71.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 265 shares of the financial services provider’s stock after selling 663 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Equinix were worth $212,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in EQIX. Valeo Financial Advisors LLC raised its position in shares of Equinix by 298,148.6% during the 2nd 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. Nuveen LLC purchased a new stake in Equinix in the first quarter valued at approximately $662,663,000. JPMorgan Chase & Co. raised its position 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 purchasing an additional 291,753 shares during the period. National Bank of Canada FI raised its position in Equinix by 169.7% in the first quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after purchasing an additional 248,075 shares during the period. Finally, Vanguard Group Inc. raised its position in Equinix by 1.9% in the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after purchasing an additional 242,121 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Equinix Stock Up 1.5%

Equinix stock opened at $846.01 on Monday. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $994.03. The stock’s fifty day simple moving average is $796.54 and its 200-day simple 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 firm has a market capitalization of $83.07 billion, a P/E ratio of 77.47, a P/E/G ratio of 1.38 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share for the quarter, topping analysts’ consensus estimates of $9.27 by $0.56. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the prior year, the company earned $9.05 earnings per share. The company’s revenue 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. As a group, equities analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The company 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 dividend of $4.69 per share. The ex-dividend date is Wednesday, November 19th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.2%. Equinix’s payout ratio is presently 171.79%.

Analyst Ratings Changes

EQIX has been the topic of a number of research analyst reports. Barclays boosted their target price on Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th. UBS Group cut their target price on Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a research report on Friday, July 11th. JPMorgan Chase & Co. boosted their target price on Equinix from $940.00 to $950.00 and gave the company an “overweight” rating in a research report on Thursday. Cowen reissued a “buy” rating on shares of Equinix in a research report on Thursday. Finally, Daiwa Capital Markets set a $917.00 target price on Equinix and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. 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. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $960.76.

Insiders Place Their Bets

In related news, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the transaction, the director owned 17,832 shares in the company, valued at approximately $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.27% of the company’s stock.

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.