Nuveen Asset Management LLC Decreased Equinix INC (EQIX) Holding by $28.52 Million as Valuation Rose

December 17, 2017 - By Marry Poplack

Investors sentiment is 1.46 in 2017 Q2. Its the same as in 2017Q1. It has no change, 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. Adage Prtnrs Grp Incorporated Lc stated it has 79,626 shares or 0.08% of all its holdings. Ny State Teachers Retirement holds 0.13% or 117,715 shares in its portfolio. 11,970 are held by Jefferies Group Incorporated Limited Liability Co. Riverpark Advsr Limited Liability Co reported 0.59% in Equinix, Inc. (NASDAQ:REIT). Janney Montgomery Scott Limited Liability Co invested in 0.02% or 3,086 shares. Atlantic Tru Limited Liability owns 0.13% invested in Equinix, Inc. (NASDAQ:REIT) for 50,001 shares. Suntrust Banks Inc owns 1,648 shares or 0% of their US portfolio. Ellington Mgmt Gp Limited Liability Corp has invested 0.04% in Equinix, Inc. (NASDAQ:REIT). Jacobson & Schmitt Ltd Co invested 2.89% in Equinix, Inc. (NASDAQ:REIT). Gateway Advisers Ltd Liability Co has invested 0.02% of its portfolio in Equinix, Inc. (NASDAQ:REIT). Johnson Inv Counsel invested in 0.01% or 753 shares. 5,285 were accumulated by First Personal Serv. Retirement System Of Alabama accumulated 0.09% or 37,776 shares. The Illinois-based Ubs Asset Mngmt Americas Inc has invested 0% in Equinix, Inc. (NASDAQ:REIT). Connor Clark And Lunn Management Ltd has invested 0.05% in Equinix, Inc. (NASDAQ:REIT).

Since August 7, 2017, it had 0 insider purchases, and 4 sales for $3.36 million activity. VAN CAMP PETER sold 4,444 shares worth $1.98 million. Campbell Michael Earl sold $656,063 worth of Equinix, Inc. (NASDAQ:REIT) on Friday, September 1. Shares for $222,980 were sold by PAISLEY CHRISTOPHER B on Monday, August 7.

Nuveen Asset Management Llc decreased its stake in Equinix Inc (EQIX) by 9.89% based on its latest 2017Q2 regulatory filing with the SEC. Nuveen Asset Management Llc sold 66,482 shares as the company’s stock rose 14.02% with the market. The institutional investor held 605,571 shares of the consumer services company at the end of 2017Q2, valued at $259.89 million, down from 672,053 at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Equinix Inc for a number of months, seems to be less bullish one the $35.82 billion market cap company. The stock decreased 0.54% or $2.5 during the last trading session, reaching $457.85. About 846,660 shares traded or 108.03% up from the average. Equinix, Inc. (NASDAQ:EQIX) has risen 24.40% since December 17, 2016 and is uptrending. It has outperformed by 7.70% the S&P500.

Nuveen Asset Management Llc, which manages about $15.59 billion US Long portfolio, upped its stake in Lloyds Banking Group Plc by 19.86 million shares to 144.02M shares, valued at $158.87 million in 2017Q2, according to the filing. It also increased its holding in Banner Corp (NASDAQ:BANR) by 145,388 shares in the quarter, for a total of 701,114 shares, and has risen its stake in Sterling Bancorp Del (NYSE:STL).

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 “Equal-Weight” rating on Thursday, August 3 by Barclays Capital. Nomura maintained Equinix, Inc. (NASDAQ:REIT) rating on Thursday, November 2. Nomura has “Buy” rating and $510 target. The stock of Equinix, Inc. (NASDAQ:REIT) has “Buy” rating given on Tuesday, October 24 by Deutsche Bank. Stifel Nicolaus maintained Equinix, Inc. (NASDAQ:REIT) on Thursday, August 3 with “Buy” rating. The stock of Equinix, Inc. (NASDAQ:REIT) has “Buy” rating given on Friday, July 7 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, January 4 by Wells Fargo. The firm has “Buy” rating by Canaccord Genuity given on Thursday, July 30. On Thursday, November 2 the stock rating was upgraded by JP Morgan to “Overweight”. Oppenheimer maintained the stock with “Outperform” rating in Thursday, November 2 report. As per Friday, December 2, the company rating was initiated by Guggenheim.

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