Capital Fund Management S.A. Takes Position in Equinix, Inc. $EQIX

Key Points

• Capital Fund Management S.A. has made a significant investment of $9.86 million in Equinix, acquiring approximately 12,094 shares in the financial services provider during the first quarter.
• Equinix recently reported an EPS of $9.91 for the last quarter, exceeding analysts' estimates by $6.42, with a year-over-year revenue increase of 4.5%.
• The company has announced a quarterly dividend of $4.69, resulting in an annualized yield of 2.4%, with a high dividend payout ratio of 183.74%.

Capital Fund Management S.A. purchased a new stake in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 12,094 shares of the financial services provider's stock, valued at approximately $9,861,000.

A number of other large investors have also recently made changes to their positions in EQIX. Pinney & Scofield Inc. purchased a new stake in Equinix in the fourth quarter worth $28,000. GKV Capital Management Co. Inc. purchased a new stake in shares of Equinix in the 1st quarter worth about $30,000. Pacific Center for Financial Services boosted its stake in shares of Equinix by 65.2% during the 4th quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider's stock valued at $36,000 after purchasing an additional 15 shares in the last quarter. Whipplewood Advisors LLC increased its position in shares of Equinix by 127.8% during the first quarter. Whipplewood Advisors LLC now owns 41 shares of the financial services provider's stock valued at $33,000 after buying an additional 23 shares during the period. Finally, Cornerstone Planning Group LLC raised its stake in Equinix by 40.0% in the first quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider's stock worth $34,000 after buying an additional 12 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on EQIX. The Goldman Sachs Group cut their price objective on Equinix from $1,020.00 to $880.00 and set a "buy" rating on the stock in a research report on Wednesday, July 2nd. Scotiabank dropped their price target on Equinix from $1,030.00 to $965.00 and set a "sector outperform" rating on the stock in a research report on Thursday, June 26th. Mizuho decreased their price objective on Equinix from $1,069.00 to $900.00 and set an "outperform" rating for the company in a report on Tuesday, July 1st. UBS Group dropped their target price on shares of Equinix from $1,035.00 to $950.00 and set a "buy" rating on the stock in a report on Friday, July 11th. Finally, Stifel Nicolaus decreased their price target on shares of Equinix from $1,050.00 to $1,010.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $962.52.

Equinix Stock Down 0.5%

NASDAQ EQIX traded down $4.09 during mid-day trading on Monday, reaching $782.38. The stock had a trading volume of 348,945 shares, compared to its average volume of 619,613. The stock has a market cap of $76.56 billion, a PE ratio of 76.63, a price-to-earnings-growth ratio of 1.42 and a beta of 0.90. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The company has a fifty day moving average price of $796.24 and a 200 day moving average price of $837.77.

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

Equinix Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be issued 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 of this dividend is Wednesday, August 20th. Equinix's dividend payout ratio (DPR) is presently 183.74%.

Insider Buying and Selling

In other Equinix news, CEO Adaire Fox-Martin sold 2,949 shares of Equinix stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $884.91, for a total value of $2,609,599.59. Following the completion of the sale, the chief executive officer owned 9,615 shares of the company's stock, valued at approximately $8,508,409.65. The trade was a 23.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 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 ownership of the stock. The disclosure for this sale can be found here. 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.