Daiwa Securities Group INC Decreased Holding in Equinix INC Com (EQIX) by $119.23 Million as Shares Rose

December 8, 2017 - By Louis Casey

Investors sentiment is 1.46 in 2017 Q2. Its the same as in 2017Q1. It is flat, 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. Allen Investment Mgmt Limited Liability Corp invested in 160,633 shares or 3.31% of the stock. Huntington State Bank accumulated 13,619 shares. Mai Cap Mngmt has invested 0.03% in Equinix, Inc. (NASDAQ:REIT). First Advsrs Limited Partnership holds 0.14% in Equinix, Inc. (NASDAQ:REIT) or 118,542 shares. Gagnon Advsrs Ltd Liability holds 4.28% or 11,573 shares in its portfolio. Renaissance Techs Llc accumulated 183,870 shares. Highland Cap Management Ltd Llc holds 0.03% or 829 shares in its portfolio. 2,925 are held by Stifel Financial Corp. S Muoio Co Lc reported 8,783 shares. Sumitomo Mitsui Tru Hldg stated it has 244,674 shares or 0.15% of all its holdings. Winslow Evans Crocker Incorporated has invested 0% of its portfolio in Equinix, Inc. (NASDAQ:REIT). Brown Brothers Harriman has invested 0% in Equinix, Inc. (NASDAQ:REIT). Sentry Invs invested in 0.24% or 77,400 shares. State Of Tennessee Treasury Department has 0.04% invested in Equinix, Inc. (NASDAQ:REIT). Moreover, Lasalle Management Securities Ltd Com has 2.3% invested in Equinix, Inc. (NASDAQ:REIT) for 423,373 shares.

Since June 9, 2017, it had 0 buys, and 1 insider sale for $2.31 million activity. The insider Smith Stephen M sold 5,348 shares worth $2.31 million. Campbell Michael Earl also sold $645,514 worth of Equinix, Inc. (NASDAQ:REIT) on Friday, June 9.

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 1.86 million 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 $35.66 billion 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 American Tower Corp (NYSE:AMT) by 51,763 shares to 100,549 shares, valued at $13.31M in 2017Q2, according to the filing. It also increased its holding in Clean Harbors (NYSE:CLH) by 80,595 shares in the quarter, for a total of 138,456 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

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. The firm earned “Buy” rating on Thursday, November 2 by Nomura. The rating was maintained by Cowen & Co on Monday, October 23 with “Buy”. The rating was maintained by Canaccord Genuity on Monday, June 12 with “Buy”. On Wednesday, October 18 the stock rating was initiated by UBS with “Hold”. The firm earned “Equal-Weight” rating on Monday, March 21 by Barclays Capital. The stock has “Buy” rating by SunTrust on Thursday, October 12. Canaccord Genuity maintained the shares of EQIX in report on Friday, August 12 with “Buy” rating. SunTrust maintained the stock with “Buy” rating in Wednesday, December 6 report. On Thursday, July 30 the stock rating was maintained by Canaccord Genuity with “Buy”. On Monday, July 3 the stock rating was maintained by Jefferies with “Hold”.

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