Uss Investment Management LTD Has Upped Its Equinix INC (EQIX) Holding

September 16, 2018 - By Julie Barnes

Equinix, Inc. (NASDAQ:REIT) LogoInvestors sentiment is 1.27 in Q2 2018. Its the same as in 2018Q1. It is flat, as 48 investors sold EQIX shares while 155 reduced holdings. only 67 funds opened positions while 190 raised stakes. 75.88 million shares or 1.07% less from 76.70 million shares in 2018Q1 were reported. Paloma Ptnrs Mgmt reported 12,393 shares. Moreover, Toth Fincl Advisory has 0% invested in Equinix, Inc. (NASDAQ:REIT). Apriem invested 0.01% of its portfolio in Equinix, Inc. (NASDAQ:REIT). The Illinois-based Northern has invested 0.09% in Equinix, Inc. (NASDAQ:REIT). Hudson Bay Capital Management LP owns 17,066 shares. Amundi Pioneer Asset Management holds 0.1% or 158,700 shares in its portfolio. M&T Savings Bank Corp holds 0.01% or 5,947 shares. The California-based Symphony Asset Mgmt Lc has invested 0.59% in Equinix, Inc. (NASDAQ:REIT). The North Carolina-based First Personal Svcs has invested 0.4% in Equinix, Inc. (NASDAQ:REIT). Hartford Inv Mngmt Co stated it has 0.12% of its portfolio in Equinix, Inc. (NASDAQ:REIT). Girard Prtn Ltd invested in 0.33% or 4,068 shares. Pension Serv owns 80,132 shares. Reliance Comm Of Delaware holds 0.11% or 1,662 shares in its portfolio. Keybank Natl Association Oh holds 0% or 804 shares. Permit Capital Ltd Liability accumulated 9,472 shares or 2.2% of the stock.

Since March 15, 2018, it had 0 insider purchases, and 15 insider sales for $8.18 million activity. $2.40 million worth of Equinix, Inc. (NASDAQ:REIT) was sold by Lee Yau Tat on Friday, May 11. On Tuesday, September 4 Campbell Michael Earl sold $557,165 worth of Equinix, Inc. (NASDAQ:REIT) or 1,316 shares. TAYLOR KEITH D sold $663,742 worth of stock. STROHMEYER KARL had sold 2,717 shares worth $1.14M.

Uss Investment Management Ltd increased its stake in Equinix Inc (EQIX) by 19.99% based on its latest 2018Q2 regulatory filing with the SEC. Uss Investment Management Ltd bought 114,172 shares as the company’s stock rose 11.90% with the market. The institutional investor held 685,283 shares of the consumer services company at the end of 2018Q2, valued at $294.60 million, up from 571,111 at the end of the previous reported quarter. Uss Investment Management Ltd who had been investing in Equinix Inc for a number of months, seems to be bullish on the $35.63 billion market cap company. The stock increased 0.97% or $4.3 during the last trading session, reaching $448.14. About 473,157 shares traded. Equinix, Inc. (NASDAQ:EQIX) has declined 6.18% since September 16, 2017 and is downtrending. It has underperformed by 21.80% the S&P500.

Uss Investment Management Ltd, which manages about $9.16 billion US Long portfolio, decreased its stake in International Business Machs (NYSE:IBM) by 148,800 shares to 64,600 shares, valued at $9.03 million in 2018Q2, according to the filing. It also reduced its holding in Petroleo Brasileiro Sa Petro (NYSE:PBR) by 1.11 million shares in the quarter, leaving it with 1.06M shares, and cut its stake in Wells Fargo Co New (NYSE:WFC).

Equinix, Inc. (NASDAQ:REIT) Ratings Coverage

Among 8 analysts covering Equinix (NASDAQ:EQIX), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Equinix had 13 analyst reports since April 9, 2018 according to SRatingsIntel. Citigroup maintained the shares of EQIX in report on Thursday, August 9 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Outperform” on Thursday, August 9. Deutsche Bank maintained it with “Buy” rating and $550 target in Tuesday, April 17 report. Credit Suisse maintained the stock with “Buy” rating in Thursday, June 21 report. Deutsche Bank maintained it with “Buy” rating and $540 target in Thursday, May 31 report. The company was maintained on Thursday, May 3 by Oppenheimer. On Tuesday, July 17 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Equinix, Inc. (NASDAQ:REIT) has “Outperform” rating given on Friday, April 27 by Credit Suisse. The firm has “Buy” rating given on Thursday, May 31 by Credit Suisse. The stock of Equinix, Inc. (NASDAQ:REIT) earned “Outperform” rating by Credit Suisse on Thursday, August 9.

Equinix, Inc. (NASDAQ:REIT) Ratings Chart

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