Partners Group Holding AG Sells 5,567 Shares of Equinix, Inc. $EQIX

Partners Group Holding AG cut its holdings in Equinix, Inc. (NASDAQ:EQIX) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,220 shares of the financial services provider’s stock after selling 5,567 shares during the period. Equinix comprises 1.7% of Partners Group Holding AG’s holdings, making the stock its 18th largest holding. Partners Group Holding AG’s holdings in Equinix were worth $36,767,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its stake in shares of Equinix by 40.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 12 shares during the period. Signaturefd LLC boosted its stake in shares of Equinix by 0.8% during the 1st quarter. Signaturefd LLC now owns 1,450 shares of the financial services provider’s stock worth $1,182,000 after purchasing an additional 12 shares during the period. AE Wealth Management LLC boosted its stake in shares of Equinix by 5.1% during the 1st quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $202,000 after purchasing an additional 12 shares during the period. Gitterman Wealth Management LLC boosted its stake in shares of Equinix by 5.0% during the 1st quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock worth $206,000 after purchasing an additional 12 shares during the period. Finally, Quent Capital LLC boosted its stake in shares of Equinix by 4.8% during the 2nd quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 13 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of the company’s 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 completion of the sale, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 sale, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. The trade was a 5.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.27% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on EQIX shares. Morgan Stanley started coverage on shares of Equinix in a research note on Thursday, October 16th. They set an “overweight” rating and a $950.00 price target for the company. Wall Street Zen cut shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Dbs Bank raised shares of Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. BMO Capital Markets set a $900.00 price target on shares of Equinix and gave the stock a “market perform” rating in a research note on Thursday. Finally, Zacks Research raised shares of Equinix from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $960.76.

Equinix Price Performance

Equinix stock opened at $832.84 on Tuesday. The stock has a market cap of $81.77 billion, a price-to-earnings ratio of 76.27, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The firm has a 50-day moving average of $797.55 and a two-hundred day moving average of $817.20.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.27 by $0.56. The company 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 quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $9.05 EPS. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. On average, research analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be given a $4.69 dividend. This represents a $18.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, November 19th. Equinix’s dividend payout ratio is presently 171.79%.

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.