Valeo Financial Advisors LLC Has $6.49 Billion Stake in Equinix, Inc. $EQIX

Key Points

• Valeo Financial Advisors LLC increased its stake in Equinix, Inc. by a significant 298,148.6% in Q2, now holding 8,157,100 shares valued at approximately $6.49 billion.
• Equinix's latest earnings report showed an EPS of $9.91, exceeding expectations by $6.42, with a revenue of $2.26 billion for the quarter.
• Equinix recently declared a quarterly dividend of $4.69 per share, translating to an annualized yield of 2.4%, although it comes with a notably high payout ratio of 183.74%.

Valeo Financial Advisors LLC lifted its stake in Equinix, Inc. (NASDAQ:EQIX - Free Report) by 298,148.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,157,100 shares of the financial services provider's stock after purchasing an additional 8,154,365 shares during the quarter. Equinix comprises 19.8% of Valeo Financial Advisors LLC's portfolio, making the stock its biggest holding. Valeo Financial Advisors LLC owned about 8.34% of Equinix worth $6,488,728,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of EQIX. Activest Wealth Management increased its position in 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 acquiring an additional 17 shares during the last quarter. Atticus Wealth Management LLC bought a new position in Equinix during the 2nd quarter valued at about $29,000. GKV Capital Management Co. Inc. purchased a new stake in Equinix in the 1st quarter worth about $30,000. Saudi Central Bank bought a new stake in Equinix in the first quarter worth about $31,000. Finally, Quarry LP purchased a new position in shares of Equinix during the first quarter valued at approximately $31,000. Hedge funds and other institutional investors own 94.94% of the company's stock.

Equinix Trading Up 0.8%

Equinix stock opened at $778.74 on Monday. Equinix, Inc. has a one year low of $701.41 and a one year high of $994.03. The stock has a market cap of $76.21 billion, a PE ratio of 76.27, a price-to-earnings-growth ratio of 1.39 and a beta of 0.92. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a 50-day moving average of $782.18 and a two-hundred day moving average of $813.94.

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

Equinix Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were issued a dividend of $4.69 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. Equinix's payout ratio is 183.74%.

Insider Buying and Selling at Equinix

In other news, EVP Raouf Abdel sold 404 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the transaction, the executive vice president directly owned 6,378 shares of the company's stock, valued at approximately $4,918,139.58. This represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the sale, the director directly owned 17,832 shares of the company's stock, valued at $13,935,708. This trade represents a 0.42% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Mizuho decreased their price target on Equinix from $1,069.00 to $900.00 and set an "outperform" rating for the company in a research note on Tuesday, July 1st. Bank of America lowered their target price on shares of Equinix from $1,000.00 to $950.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Wall Street Zen raised shares of Equinix from a "sell" rating to a "hold" rating in a research note on Friday. BMO Capital Markets cut shares of Equinix from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $1,045.00 to $850.00 in a research report on Thursday, June 26th. Finally, Stifel Nicolaus reduced their target price on shares of Equinix from $1,050.00 to $1,010.00 and set a "buy" rating on the stock in a research report on Thursday, June 26th. Four research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $960.65.

About Equinix

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.

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