Daiwa Securities Group INC Trimmed Equinix INC Com (EQIX) Stake by $119.23 Million; Valuation Rose

December 8, 2017 - By Ellis Scott

Investors sentiment is 1.46 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 28 investors sold EQIX shares while 139 reduced holdings. only 56 funds opened positions while 187 raised stakes. 73.73 million shares or 0.79% less from 74.32 million shares in 2017Q1 were reported. Moreover, Adage Prtnrs Grp Lc has 0.08% invested in Equinix, Inc. (NASDAQ:REIT) for 79,626 shares. Pub Employees Retirement Association Of Colorado holds 0.5% in Equinix, Inc. (NASDAQ:REIT) or 159,816 shares. Barclays Public Ltd Company reported 0.02% in Equinix, Inc. (NASDAQ:REIT). Archford Strategies Limited Liability Corp reported 430 shares. Moreover, Teacher Retirement Systems Of Texas has 0% invested in Equinix, Inc. (NASDAQ:REIT). Aqr Capital Mngmt Ltd Liability Company has invested 0.05% in Equinix, Inc. (NASDAQ:REIT). San Francisco Sentry Inv Grp (Ca) reported 0.05% stake. American Assets Cap Advisers holds 32,332 shares. Edgewood Management Limited Co stated it has 3.88% of its portfolio in Equinix, Inc. (NASDAQ:REIT). Thrivent Financial For Lutherans invested in 0.07% or 36,877 shares. Veritable Ltd Partnership, Pennsylvania-based fund reported 3,890 shares. Symphony Asset Mgmt Limited Liability Company holds 9,407 shares or 0.46% of its portfolio. Ashford Mngmt Inc accumulated 5,295 shares. 496,225 were accumulated by Sustainable Growth Advisers Limited Partnership. Checchi Cap Advisers Ltd has invested 0.03% in Equinix, Inc. (NASDAQ:REIT).

Since June 9, 2017, it had 0 buys, and 1 sale for $2.31 million activity. $219,695 worth of Equinix, Inc. (NASDAQ:REIT) shares were sold by PAISLEY CHRISTOPHER B. Campbell Michael Earl sold 1,476 shares worth $645,514.

Daiwa Securities Group Inc decreased its stake in Equinix Inc Com (EQIX) by 14.94% based on its latest 2017Q2 regulatory filing with the SEC. Daiwa Securities Group Inc sold 277,928 shares as the company’s stock rose 14.02% with the market. The institutional investor held 1.58 million shares of the consumer services company at the end of 2017Q2, valued at $679.19M, down from 1.86M at the end of the previous reported quarter. Daiwa Securities Group Inc who had been investing in Equinix Inc Com for a number of months, seems to be less bullish one the $35.66B market cap company. The stock increased 1.23% or $5.53 during the last trading session, reaching $455.77. About 551,669 shares traded or 27.79% up from the average. Equinix, Inc. (NASDAQ:EQIX) has risen 24.40% since December 8, 2016 and is uptrending. It has outperformed by 7.70% the S&P500.

Daiwa Securities Group Inc, which manages about $15.47B US Long portfolio, upped its stake in Aetna Inc (NYSE:AET) by 38,706 shares to 50,580 shares, valued at $7.68M in 2017Q2, according to the filing. It also increased its holding in Hologic (NASDAQ:HOLX) by 88,949 shares in the quarter, for a total of 95,799 shares, and has risen its stake in Ball (NYSE:BLL).

Equinix, Inc. (NASDAQ:REIT) Ratings Coverage

Among 23 analysts covering Equinix (NASDAQ:EQIX), 21 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. Equinix had 57 analyst reports since July 31, 2015 according to SRatingsIntel. Citigroup maintained the shares of EQIX in report on Thursday, November 2 with “Buy” rating. RBC Capital Markets maintained the shares of EQIX in report on Sunday, September 17 with “Buy” rating. The rating was upgraded by Barclays Capital on Wednesday, October 18 to “Overweight”. The firm has “Buy” rating given on Friday, August 12 by Canaccord Genuity. The company was maintained on Tuesday, July 28 by RBC Capital Markets. RBC Capital Markets maintained the shares of EQIX in report on Monday, February 22 with “Outperform” rating. The firm earned “Buy” rating on Monday, May 23 by Canaccord Genuity. The stock of Equinix, Inc. (NASDAQ:REIT) earned “Buy” rating by Suntrust Robinson on Tuesday, November 24. As per Thursday, November 2, the company rating was upgraded by J.P. Morgan. As per Tuesday, September 5, the company rating was maintained by Jefferies.

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