As Equinix INC (EQIX) Shares Rose, Fir Tree INC Trimmed Its Stake

Marco Green
January 13, 2018

Tributary Capital Management Llc who had been investing in Visteon Corp for a number of months, seems to be bullish on the $4.31B market cap company. The stock decreased 1.46% or $6.35 during the last trading session, reaching $429.04. About 352,672 shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 12, 2017 and is uptrending. It has outperformed by 7.70% the S&P500.

Oarsman Capital Inc decreased its stake in Modine Manufacturing (MOD) by 8.52% based on its latest 2017Q3 regulatory filing with the SEC. FMR LLC now owns 2,737,598 shares of the financial services provider's stock valued at $1,174,868,000 after acquiring an additional 10,307 shares during the last quarter. About 4.23M shares traded.

Among 8 analysts covering GB Group PLC (LON:GBG), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive.

Dodge & Cox acquired a new position in Equinix, Inc. It also reduced its holding in Amgen Inc Com (NASDAQ:AMGN) by 1,690 shares in the quarter, leaving it with 16,187 shares, and cut its stake in Watsco Inc Com (NYSE:WSO). Oppenheimer has "Buy" rating and $47200 target. Citigroup boosted their price target on shares of Equinix from $518.00 to $530.00 and gave the company a "buy" rating in a research note on Thursday, November 2nd. The firm has "Buy" rating given on Tuesday, April 11 by Canaccord Genuity. The firm has "Buy" rating given on Tuesday, January 5 by Stifel Nicolaus. Shares of Equinix, Inc. Finally, Nomura upped their price objective on shares of Equinix from $490.00 to $510.00 and gave the company a "buy" rating in a report on Thursday, November 2nd. Finally, Deutsche Bank initiated coverage on shares of Equinix in a research report on Tuesday, October 24th. (NASDAQ:REIT) was sold by Campbell Michael Earl on Friday, December 15. (NASDAQ:REIT) earned "Buy" rating by Citigroup on Monday, March 13. On Thursday, November 2 the stock rating was maintained by Oppenheimer with "Outperform". Bb&T holds 0.01% or 1,380 shares.

Investors sentiment decreased to 1.4 in Q3 2017. The company has a market cap of $35,170.00, a P/E ratio of 148.77, a P/E/G ratio of 1.56 and a beta of 0.46. 128 funds opened positions while 644 raised stakes. Rhumbline Advisers invested 0.01% in Yelp Inc. Cornerstone Capital Ltd Llc stated it has 0.35% of its portfolio in Cummins Inc. (NASDAQ:FB) or 16,000 shares. (NASDAQ:REIT). The Tennessee-based Ftb Advsr has invested 0.01% in Equinix, Inc. Permit Cap Ltd accumulated 9,472 shares or 2.5% of the stock. (NASDAQ:REIT). Usa Fin Portformulas Corporation has 0.06% invested in Equinix, Inc. (NASDAQ:REIT). Comgest Glob Investors Sas has 0.14% invested in Equinix, Inc. Bank of New York Mellon Corp lifted its stake in shares of Equinix by 7.8% during the 3rd quarter. The California-based Symphony Asset Management Ltd Limited Liability Company has invested 0.51% in Equinix, Inc. Ibm Retirement Fund owns 1,941 shares for 0.18% of their portfolio. Proshare Advisors Llc reported 25,061 shares. MUFG Americas Holdings Corp now owns 554 shares of the financial services provider's stock worth $238,000 after buying an additional 46 shares during the period. Zions Bancorporation now owns 265 shares of the financial services provider's stock valued at $118,000 after purchasing an additional 255 shares during the last quarter. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Pointstate LP has 4.1% invested in Facebook, Inc.

Since August 7, 2017, it had 0 insider buys, and 6 insider sales for $4.14 million activity. PAISLEY CHRISTOPHER B also sold $222,980 worth of Equinix, Inc. Over the last ninety days, insiders have sold 6,193 shares of company stock valued at $2,892,191.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It improved, as 8 investors sold MOD shares while 40 reduced holdings. 23 funds opened positions while 38 raised stakes. About 772,958 shares traded or 88.82% up from the average. Edgewood Management LLC lifted its stake in shares of Equinix by 1.0% during the 3rd quarter. Bancorporation Of Montreal Can has 316,487 shares. PHM's SI was 17.25 million shares in January as released by FINRA. Nj State Employees Deferred Compensation Plan holds 30,000 shares. State Of New Jersey Common Pension Fund D has invested 0.07% in Equinix, Inc. Jefferies Group Ltd Liability Company has invested 0.04% of its portfolio in Equinix, Inc. (NYSE:PHM). Hsbc Hldg Public Limited Com holds 0.02% of its portfolio in PulteGroup, Inc. Alyeska Group Lp holds 1.56% or 432,015 shares in its portfolio. Hedge funds and other institutional investors own 98.12% of the company's stock.

Analysts await Cummins Inc. They expect $0.29 EPS, up 31.82% or $0.07 from last year's $0.22 per share. North Star Investment Corporation reported 0.01% in Equinix, Inc.

Since September 15, 2017, it had 0 insider purchases, and 3 selling transactions for $580,264 activity. $686,759 worth of Equinix, Inc. Clark Gregory S. sold 186,433 shares worth $5.59 million. Cappellanti-Wolf Amy L. had sold 4,496 shares worth $147,836. Shares for $348,668 were sold by TAYLOR SCOTT C on Monday, September 25. Vautrinot Suzanne M sold 2,500 shares worth $82,025.

Among 29 analysts covering Symantec (NASDAQ:SYMC), 10 have Buy rating, 1 Sell and 18 Hold. Therefore 75% are positive. Yelp had 145 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Barclays Capital to "Overweight" on Wednesday, October 18. UBS upgraded Symantec Corporation (NASDAQ:SYMC) rating on Monday, June 20. Investors might also notice that three month ago the Buy recommendations (18) outnumbered Sell recommendations (0). The firm earned "Hold" rating on Monday, July 3 by Jefferies. RBC Capital Markets maintained the shares of EQIX in report on Monday, February 22 with "Outperform" rating. The stock has "Equal-Weight" rating by Morgan Stanley on Thursday, April 6.

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