YHB Investment Advisors Inc. Has $541,000 Stock Holdings in Equinix, Inc. (NASDAQ:EQIX)

YHB Investment Advisors Inc. boosted its position in Equinix, Inc. (NASDAQ:EQIXGet Rating) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 824 shares of the financial services provider’s stock after buying an additional 24 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Equinix were worth $541,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RB Capital Management LLC boosted its stake in shares of Equinix by 11.6% during the 2nd quarter. RB Capital Management LLC now owns 356 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 37 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of Equinix by 13.1% during the 2nd quarter. Arkadios Wealth Advisors now owns 510 shares of the financial services provider’s stock worth $335,000 after buying an additional 59 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Equinix by 18.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 203 shares of the financial services provider’s stock worth $134,000 after buying an additional 32 shares in the last quarter. Private Advisor Group LLC grew its position in Equinix by 5.4% during the 2nd quarter. Private Advisor Group LLC now owns 3,129 shares of the financial services provider’s stock worth $2,055,000 after acquiring an additional 160 shares during the last quarter. Finally, Gateway Investment Advisers LLC grew its position in Equinix by 6.5% during the 2nd quarter. Gateway Investment Advisers LLC now owns 798 shares of the financial services provider’s stock worth $524,000 after acquiring an additional 49 shares during the last quarter. Institutional investors and hedge funds own 93.82% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on EQIX. Barclays reduced their price target on Equinix from $823.00 to $822.00 and set an “overweight” rating on the stock in a research report on Thursday, August 18th. Jefferies Financial Group raised Equinix from a “hold” rating to a “buy” rating and increased their price objective for the stock from $750.00 to $790.00 in a research note on Thursday, June 30th. Credit Suisse Group decreased their price target on Equinix from $718.00 to $716.00 and set a “neutral” rating for the company in a research report on Thursday, July 28th. Wells Fargo & Company reduced their price objective on Equinix from $775.00 to $760.00 and set an “overweight” rating for the company in a report on Monday, July 25th. Finally, BMO Capital Markets reduced their price objective on Equinix from $825.00 to $770.00 in a report on Thursday, May 26th. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $818.75.

Equinix Trading Down 1.8 %

Shares of EQIX stock opened at $609.26 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.04 and a current ratio of 2.04. Equinix, Inc. has a 52-week low of $606.12 and a 52-week high of $868.82. The company has a market capitalization of $55.49 billion, a PE ratio of 86.67, a price-to-earnings-growth ratio of 2.64 and a beta of 0.49. The business’s fifty day moving average is $663.36 and its 200 day moving average is $682.54.

Equinix Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 21st. Investors of record on Wednesday, August 17th were given a $3.10 dividend. The ex-dividend date of this dividend was Tuesday, August 16th. This represents a $12.40 dividend on an annualized basis and a dividend yield of 2.04%. Equinix’s dividend payout ratio (DPR) is presently 176.39%.

Insider Buying and Selling

In related news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $705.16, for a total value of $52,887.00. Following the sale, the director now owns 17,827 shares in the company, valued at $12,570,887.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Michael Earl Campbell sold 1,000 shares of Equinix stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $713.17, for a total value of $713,170.00. Following the transaction, the insider now owns 11,044 shares in the company, valued at $7,876,249.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $705.16, for a total value of $52,887.00. Following the completion of the transaction, the director now owns 17,827 shares in the company, valued at approximately $12,570,887.32. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,808 shares of company stock worth $3,394,370. Corporate insiders own 0.32% of the company’s stock.

About Equinix

(Get Rating)

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage.

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Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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