Avalon Trust Co significantly increased its stake in Equinix, Inc. (NASDAQ:EQIX) by 420,860.0% during the third quarter, making it their 25th largest holding. Several other institutional investors also adjusted their positions in Equinix, with 94.94% of the stock owned by hedge funds and institutional investors. The company recently declared an increased quarterly dividend and analysts have given the stock a “Moderate Buy” consensus rating with an average target price of $1,001.41.
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Avalon Trust Co Increases Stock Holdings in Equinix, Inc. $EQIX
Avalon Trust Co significantly increased its stake in Equinix, Inc. (NASDAQ:EQIX) by 420,860.0% during the third quarter, making it their 25th largest holding. Several other institutional investors also adjusted their positions in Equinix, with 94.94% of the stock owned by hedge funds and institutional investors. The company recently declared an increased quarterly dividend and analysts have given the stock a “Moderate Buy” consensus rating with an average target price of $1,001.41.