/Mogy Joel R Investment Counsel Has Raised Its Equinix (EQIX) Position by $785,955 as Market Value Rose; Freestone Capital Holdings Has Trimmed Its International Business Machs (IBM) Position as Market Value Declined (via Qpute.com)
Equinix, Inc. (NASDAQ:REIT) Logo

Mogy Joel R Investment Counsel Has Raised Its Equinix (EQIX) Position by $785,955 as Market Value Rose; Freestone Capital Holdings Has Trimmed Its International Business Machs (IBM) Position as Market Value Declined (via Qpute.com)


Equinix, Inc. (NASDAQ:REIT) Logo

Mogy Joel R Investment Counsel Inc increased its stake in Equinix Inc (EQIX) by 15.97% based on its latest 2019Q1 regulatory filing with the SEC. Mogy Joel R Investment Counsel Inc bought 1,735 shares as the company’s stock rose 24.17% with the market. The institutional investor held 12,596 shares of the consumer services company at the end of 2019Q1, valued at $5.71M, up from 10,861 at the end of the previous reported quarter. Mogy Joel R Investment Counsel Inc who had been investing in Equinix Inc for a number of months, seems to be bullish on the $40.44 billion market cap company. The stock decreased 0.93% or $4.53 during the last trading session, reaching $481.05. About 428,200 shares traded or 6.80% up from the average. Equinix, Inc. (NASDAQ:EQIX) has risen 22.28% since June 15, 2018 and is uptrending. It has outperformed by 17.85% the S&P500.

Freestone Capital Holdings Llc decreased its stake in International Business Machs (IBM) by 12.48% based on its latest 2019Q1 regulatory filing with the SEC. Freestone Capital Holdings Llc sold 2,277 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 15,964 shares of the computer manufacturing company at the end of 2019Q1, valued at $2.25 million, down from 18,241 at the end of the previous reported quarter. Freestone Capital Holdings Llc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $119.83B market cap company. The stock decreased 0.45% or $0.61 during the last trading session, reaching $135.15. About 2.08M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since June 15, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 11/04/2018 – Crossmatch Joins IBM Security App Exchange Community; 30/05/2018 – Dr. Vanila M. Singh to Join Oracle, IBM, and Wipro at Tulip’s Inaugural Blockchain Conference; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 26/04/2018 – Jewelry companies team up with IBM on blockchain platform; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 16/05/2018 – IBM Study: Majority of Businesses View GDPR as Opportunity to Improve Data Privacy and Security; 17/04/2018 – IBM 1Q Global Financing Rev $405M; 17/04/2018 – IBM – IN THE FIRST QUARTER, CURRENCY DROVE 5 OF THE 9 POINTS OF EXPENSE GROWTH- CONF CALL; 08/03/2018 – IBM SAYS WILL REDUCE SHARE COUNT BY ABOUT 2 PCT ANNUALLY THROUGH SHARE BUYBACKS IN LONGER TERM MODEL; 16/04/2018 – New Survey Finds Deep Consumer Anxiety over Data Privacy and Security

Mogy Joel R Investment Counsel Inc, which manages about $766.81 million and $739.67 million US Long portfolio, decreased its stake in Altria Group Inc (NYSE:MO) by 35,985 shares to 30,350 shares, valued at $1.74M in 2019Q1, according to the filing. It also reduced its holding in Pepsico Inc (NYSE:PEP) by 2,700 shares in the quarter, leaving it with 124,068 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

Since January 15, 2019, it had 0 insider purchases, and 6 insider sales for $6.89 million activity. Another trade for 5,648 shares valued at $2.15 million was made by Meyers Charles J on Tuesday, January 15. STROHMEYER KARL sold $1.47M worth of stock. Another trade for 2,785 shares valued at $1.06M was made by TAYLOR KEITH D on Tuesday, January 15. Campbell Michael Earl sold 962 shares worth $366,798. Schwartz Eric sold $1.35M worth of stock.

Investors sentiment increased to 1.83 in Q1 2019. Its up 0.63, from 1.2 in 2018Q4. It improved, as 33 investors sold EQIX shares while 141 reduced holdings. 77 funds opened positions while 242 raised stakes. 78.95 million shares or 0.67% more from 78.42 million shares in 2018Q4 were reported. Retail Bank Of Mellon owns 782,203 shares or 0.1% of their US portfolio. Bellecapital Intl owns 709 shares or 0.2% of their US portfolio. 3.29M are owned by State Street Corporation. Jpmorgan Chase & holds 0.09% of its portfolio in Equinix, Inc. (NASDAQ:REIT) for 972,015 shares. Retail Bank owns 841 shares. Voya Invest Management Lc reported 0.03% stake. Lederer Associate Invest Counsel Ca reported 813 shares. 443,596 are owned by Sarasin & Ltd Liability Partnership. Sumitomo Mitsui Asset Mngmt reported 0.04% in Equinix, Inc. (NASDAQ:REIT). Cwm Limited Liability Company stated it has 0% in Equinix, Inc. (NASDAQ:REIT). Toth Fincl Advisory Corporation holds 10 shares. Oregon Employees Retirement Fund reported 8,255 shares stake. Girard Ptnrs Limited holds 3,712 shares. Pennsylvania-based Brinker Capital has invested 0.32% in Equinix, Inc. (NASDAQ:REIT). Art Advsr, a New York-based fund reported 3,260 shares.

More notable recent Equinix, Inc. (NASDAQ:REIT) news were published by: Nasdaq.com which released: “These 5 REITs Paying Up to 7.0% Will Soar as Rates Fall – Nasdaq” on June 14, 2019, also Finance.Yahoo.com with their article: “Should We Be Cautious About Sabra Health Care REIT, Inc.’s (NASDAQ:SBRA) ROE Of 4.6%? – Yahoo Finance” published on June 01, 2019, Nasdaq.com published: “Bull Of The Day: The Geo Group (GEO) – Nasdaq” on June 06, 2019. More interesting news about Equinix, Inc. (NASDAQ:REIT) were released by: Nasdaq.com and their article: “Ventas (VTR) to Buy Seniors Housing Portfolio Worth $1.8B – Nasdaq” published on June 05, 2019 as well as Nasdaq.com‘s news article titled: “Crown Castle (CCI) Gains As Market Dips: What You Should Know – Nasdaq” with publication date: June 03, 2019.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “IBM Expands its Quantum Computing Program to Africa with Wits University – Yahoo Finance” on June 12, 2019, also Investorplace.com with their article: “Will IBM’s Huge Bet on Red Hat Pay Off? – Investorplace.com” published on June 04, 2019, Finance.Yahoo.com published: “Wimbledon & IBM Herald The Role Of AI To Maintain A Competitive Advantage In Sports Landscape – Yahoo Finance” on June 13, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: Moving Forward – Seeking Alpha” published on January 29, 2019 as well as Seekingalpha.com‘s news article titled: “IBM Announces Small Dividend Raise – Seeking Alpha” with publication date: April 30, 2019.

Freestone Capital Holdings Llc, which manages about $1.69 billion US Long portfolio, upped its stake in Royal Dutch Shell Plc by 9,438 shares to 18,903 shares, valued at $1.21M in 2019Q1, according to the filing. It also increased its holding in Chubb Limited by 2,464 shares in the quarter, for a total of 12,609 shares, and has risen its stake in Fedex Corp (NYSE:FDX).

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.06 earnings per share, down 0.65% or $0.02 from last year’s $3.08 per share. IBM’s profit will be $2.71B for 11.04 P/E if the $3.06 EPS becomes a reality. After $2.25 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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