Equinix (EQIX) Stock Rating Kept at Credit Suisse; The $525.0000 Target Indicates 30.83% Potential; Point72 Asset Management LP Has Lifted By $9.31 Million Its Lpl Finl Hldgs (LPLA) Holding

Equinix, Inc. (NASDAQ:REIT) Logo

Point72 Asset Management Lp increased Lpl Finl Hldgs Inc (LPLA) stake by 18.27% reported in 2018Q1 SEC filing. Point72 Asset Management Lp acquired 152,572 shares as Lpl Finl Hldgs Inc (LPLA)’s stock rose 7.61%. The Point72 Asset Management Lp holds 987,717 shares with $60.32 million value, up from 835,145 last quarter. Lpl Finl Hldgs Inc now has $6.22B valuation. The stock increased 1.50% or $1.02 during the last trading session, reaching $68.99. About 673,192 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 79.45% since May 31, 2017 and is uptrending. It has outperformed by 66.88% the S&P500.

In a note issued to clients on today, Credit Suisse reconfirmed their “Buy” rating on Equinix (NASDAQ:EQIX)‘s stock. The target price per share means a potential upside of 30.83% from company’s last price.

Since February 5, 2018, it had 0 buys, and 15 selling transactions for $93.93 million activity. 1.15M shares were sold by Hellman Marco, worth $71.44 million. Shares for $151,395 were sold by Kalbaugh John Andrew on Wednesday, March 7. Morrissey William P. Jr. also sold $1.25M worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Monday, February 5. Oroschakoff Michelle also sold $420,959 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Friday, May 11. Arnold Dan H. sold $711,159 worth of stock. RIEPE JAMES S had sold 5,632 shares worth $353,521 on Friday, March 2. $1.64 million worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) was sold by White George Burton on Tuesday, March 13.

Point72 Asset Management Lp decreased Aquinox Pharmaceuticals Inc (NASDAQ:AQXP) stake by 75,000 shares to 250,100 valued at $3.52M in 2018Q1. It also reduced Mastec Inc (NYSE:MTZ) stake by 706,271 shares and now owns 441,130 shares. Crh Plc (NYSE:CRH) was reduced too.

Investors sentiment increased to 1.35 in Q1 2018. Its up 0.33, from 1.02 in 2017Q4. It is positive, as 11 investors sold LPLA shares while 85 reduced holdings. 56 funds opened positions while 74 raised stakes. 79.75 million shares or 1.79% less from 81.20 million shares in 2017Q4 were reported. Renaissance Tech Ltd Liability Com has 768,900 shares. Mackay Shields Ltd stated it has 0.13% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Lazard Asset Ltd Limited Liability Company reported 142,274 shares stake. Point72 Asset Management Limited Partnership has invested 0.25% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Bluemountain Capital Mgmt Ltd Llc owns 0.01% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 7,813 shares. Panagora Asset Management accumulated 144,260 shares. Clark Mngmt Gp reported 0.09% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Ironwood Inv Counsel Ltd Liability Corporation reported 8,740 shares. Wealthtrust has 6 shares. Bluecrest Management Limited reported 4,380 shares stake. Northwestern Mutual Wealth Mgmt owns 48 shares for 0% of their portfolio. Cubist Systematic Strategies Ltd Llc holds 10,752 shares or 0.04% of its portfolio. Quantbot Technologies Lp invested in 3,790 shares. Great West Life Assurance Comm Can has 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA). 13,870 are owned by Utd Svcs Automobile Association.

Among 11 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. LPL Financial Holdings has $9200 highest and $21 lowest target. $71.18’s average target is 3.17% above currents $68.99 stock price. LPL Financial Holdings had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 16 by Keefe Bruyette & Woods. The firm earned “Underweight” rating on Thursday, October 5 by Morgan Stanley. JP Morgan maintained the stock with “Neutral” rating in Tuesday, April 24 report. The firm earned “Neutral” rating on Friday, August 14 by Citigroup. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Tuesday, May 8 by Credit Suisse. Goldman Sachs upgraded LPL Financial Holdings Inc. (NASDAQ:LPLA) on Tuesday, January 10 to “Neutral” rating. The rating was downgraded by UBS on Friday, October 2 to “Sell”. The firm has “Neutral” rating by Credit Suisse given on Friday, February 12. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) earned “Neutral” rating by Nomura on Monday, July 11. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Thursday, November 9 by Nomura.

More notable recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Globenewswire.com which released: “LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference” on May 24, 2018, also Globenewswire.com with their article: “LPL Financial Reports Monthly Activity for April 2018” published on May 22, 2018, Globenewswire.com published: “LPL Financial Announces First Quarter 2018 Results” on May 03, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) were released by: Seekingalpha.com and their article: “LPL Financial Holdings (LPLA) Q1 2018 Results – Earnings Call Transcript” published on May 04, 2018 as well as Businesswire.com‘s news article titled: “Glancy Prongay & Murray LLP Continues Investigation on Behalf of LPL Financial Holdings Inc. Investors (LPLA)” with publication date: May 22, 2018.

Equinix, Inc. is a publicly owned real estate investment trust. The company has market cap of $31.89 billion. It provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It has a 125.13 P/E ratio. The firm provides colocation services and related offerings, including activities space, storage space, cabinets, and power for customersÂ’ colocation needs; interconnection services comprising physical cross connect/direct interconnections, Equinix Internet Exchange, Equinix Cloud Exchange, Equinix Metro Connect, and Internet connectivity services; and managed IT infrastructure services, including installation of customer equipment and cabling, as well as equipment rebooting and power cycling, card swapping, and emergency equipment replacement services.

Among 24 analysts covering Equinix (NASDAQ:EQIX), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Equinix has $576.0 highest and $300 lowest target. $493.26’s average target is 22.92% above currents $401.29 stock price. Equinix had 70 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Friday, February 19 by Cowen & Co. The stock has “Buy” rating by Credit Suisse on Wednesday, January 17. The firm earned “Buy” rating on Friday, January 26 by Cowen & Co. The stock of Equinix, Inc. (NASDAQ:REIT) has “Outperform” rating given on Friday, April 27 by Credit Suisse. The stock has “Buy” rating by Stifel Nicolaus on Thursday, February 16. On Monday, March 14 the stock rating was downgraded by Oppenheimer to “Perform”. The firm earned “Overweight” rating on Thursday, November 2 by JP Morgan. Guggenheim maintained it with “Buy” rating and $515.0 target in Thursday, February 15 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 7. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 12.

Analysts await Equinix, Inc. (NASDAQ:REIT) to report earnings on August, 1. They expect $4.66 EPS, up 1.53% or $0.07 from last year’s $4.59 per share. EQIX’s profit will be $370.28M for 21.53 P/E if the $4.66 EPS becomes a reality. After $5.21 actual EPS reported by Equinix, Inc. for the previous quarter, Wall Street now forecasts -10.56% negative EPS growth.

The stock increased 1.31% or $5.19 during the last trading session, reaching $401.29. About 565,154 shares traded. Equinix, Inc. (NASDAQ:EQIX) has declined 12.79% since May 31, 2017 and is downtrending. It has underperformed by 25.36% the S&P500.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Institutional Positions Chart

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