Waterfront Capital Partners Lifted Equinix (EQIX) Position By $7.41 Million; Sheffield Asset Management Trimmed By $3.42 Million Its Open Text (OTEX) Position

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Sheffield Asset Management Llc decreased Open Text Corp (OTEX) stake by 24.25% reported in 2018Q2 SEC filing. Sheffield Asset Management Llc sold 97,650 shares as Open Text Corp (OTEX)’s stock rose 5.51%. The Sheffield Asset Management Llc holds 305,005 shares with $10.73M value, down from 402,655 last quarter. Open Text Corp now has $8.96B valuation. The stock decreased 2.51% or $0.86 during the last trading session, reaching $33.37. About 570,135 shares traded or 32.18% up from the average. Open Text Corporation (NASDAQ:OTEX) has risen 18.71% since December 6, 2017 and is uptrending. It has outperformed by 3.09% the S&P500. Some Historical OTEX News: 17/04/2018 – BLUE HARBOUR GROUP LP CEO CLIFF ROBBINS TELLS 13D MONITOR CONFERENCE THAT THERE IS “POTENTIAL FOR A STRATEGIC SALE DOWN THE ROAD” FOR OPEN TEXT CORP OTEX.TO , IN WHICH BLUE HARBOUR OWNS 4 PCT STAKE; 30/05/2018 – OPENTEXT ANNOUNCES REPRICING AND AMENDMENT OF CREDIT FACILITIES; 17/04/2018 – ROBBINS SEES 40%-50% UPSIDE POTENTIAL FOR OPEN TEXT; 15/05/2018 – OpenText to Bring Security to the Edges of the Network and Beyond; 09/05/2018 – OPENTEXT BOOSTS QTR DIV BY 15%; 02/04/2018 – OPEN TEXT CORP – JOHN DOOLITTLE WILL REMAIN WITH COMPANY UNTIL SEPTEMBER TO HELP COMPLETE TRANSITION; 09/05/2018 – Open Text 3Q Rev $685.9M; 17/04/2018 – 13D CONF: ROBBINS SAYS OPEN TEXT MISPRICED, INEXPENSIVE CO; 09/05/2018 – Open Text 3Q Net $58.8M; 30/05/2018 – OPENTEXT REPORTS REPRICING & AMENDMENT OF CREDIT LINES

Waterfront Capital Partners Llc increased Equinix Inc (EQIX) stake by 32.28% reported in 2018Q2 SEC filing. Waterfront Capital Partners Llc acquired 17,278 shares as Equinix Inc (EQIX)’s stock rose 11.90%. The Waterfront Capital Partners Llc holds 70,803 shares with $30.44 million value, up from 53,525 last quarter. Equinix Inc now has $31.09B valuation. The stock increased 0.42% or $1.63 during the last trading session, reaching $386.72. About 340,002 shares traded. Equinix, Inc. (NASDAQ:EQIX) has declined 6.18% since December 6, 2017 and is downtrending. It has underperformed by 21.80% the S&P500.

Waterfront Capital Partners Llc decreased Wynn Resorts Ltd (NASDAQ:WYNN) stake by 81,561 shares to 30,000 valued at $5.02 million in 2018Q2. It also reduced Federal Realty Invt Tr (NYSE:FRT) stake by 38,821 shares and now owns 80,000 shares. Penn Natl Gaming Inc (NASDAQ:PENN) was reduced too.

Among 7 analysts covering Equinix (NASDAQ:EQIX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Equinix had 11 analyst reports since June 21, 2018 according to SRatingsIntel. The company was maintained on Thursday, August 9 by Credit Suisse. Credit Suisse maintained the shares of EQIX in report on Thursday, June 21 with “Buy” rating. The stock has “Outperform” rating by BMO Capital Markets on Thursday, August 9. The rating was reinitiated by Jefferies with “Hold” on Tuesday, October 23. Citigroup maintained the shares of EQIX in report on Thursday, August 9 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, July 17. Citigroup maintained the stock with “Buy” rating in Friday, November 2 report. The stock of Equinix, Inc. (NASDAQ:REIT) earned “Outperform” rating by BMO Capital Markets on Friday, November 2. Cowen & Co maintained Equinix, Inc. (NASDAQ:REIT) rating on Thursday, June 21. Cowen & Co has “Outperform” rating and $494 target.

Investors sentiment is 1.27 in Q2 2018. Its the same as in 2018Q1. It is flat, as 48 investors sold EQIX shares while 155 reduced holdings. only 67 funds opened positions while 190 raised stakes. 75.88 million shares or 1.07% less from 76.70 million shares in 2018Q1 were reported. Profund Lc reported 3,154 shares. Tensile Capital Management Limited Co reported 7.35% stake. Global X Mgmt Communications Limited Liability Corporation reported 0% in Equinix, Inc. (NASDAQ:REIT). New Jersey-based Private Advisor Group Lc has invested 0% in Equinix, Inc. (NASDAQ:REIT). Symphony Asset Mgmt Lc has 7,087 shares. Highbridge Cap Management Limited Liability Corporation owns 0.17% invested in Equinix, Inc. (NASDAQ:REIT) for 20,042 shares. Great West Life Assurance Can invested in 106,312 shares or 0.11% of the stock. Miles Cap Inc reported 927 shares or 0.25% of all its holdings. Lpl Limited Company accumulated 0.01% or 9,802 shares. Thornburg Inv Mngmt has invested 0.01% of its portfolio in Equinix, Inc. (NASDAQ:REIT). Spo Advisory has invested 10.29% in Equinix, Inc. (NASDAQ:REIT). Reilly Fincl Advsrs Limited Liability Company holds 0% or 51 shares in its portfolio. Moreover, Highline Capital Ltd Partnership has 6.71% invested in Equinix, Inc. (NASDAQ:REIT) for 466,000 shares. Moreover, Rothschild Investment Il has 0.04% invested in Equinix, Inc. (NASDAQ:REIT) for 703 shares. Shufro Rose & Limited Liability has invested 0.15% in Equinix, Inc. (NASDAQ:REIT).

Since June 15, 2018, it had 0 buys, and 10 sales for $4.51 million activity. The insider Lee Yau Tat sold $1.07 million. The insider TAYLOR KEITH D sold $663,742. The insider Meyers Charles J sold $124,079. Shares for $210,000 were sold by Campbell Michael Earl on Thursday, June 21.

More notable recent Equinix, Inc. (NASDAQ:REIT) news were published by: Nasdaq.com which released: “Equinix to Expand Presence in Finland with New Data Center – Nasdaq” on December 03, 2018, also Nasdaq.com with their article: “Equinix, Inc. (EQIX) Ex-Dividend Date Scheduled for November 13, 2018 – Nasdaq” published on November 12, 2018, Nasdaq.com published: “Research Report Identifies Equinix, Universal Electronics, LHC Group, Cohbar, Amgen, and Aetna with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – Nasdaq” on November 29, 2018. More interesting news about Equinix, Inc. (NASDAQ:REIT) were released by: Nasdaq.com and their article: “Equinix to Expand Presence in London With New Data Center – Nasdaq” published on November 20, 2018 as well as Nasdaq.com‘s news article titled: “Noteworthy ETF Outflows: XLRE, PLD, PSA, EQIX – Nasdaq” with publication date: November 26, 2018.

Analysts await Open Text Corporation (NASDAQ:OTEX) to report earnings on January, 30. They expect $0.24 EPS, down 53.85% or $0.28 from last year’s $0.52 per share. OTEX’s profit will be $64.44 million for 34.76 P/E if the $0.24 EPS becomes a reality. After $0.13 actual EPS reported by Open Text Corporation for the previous quarter, Wall Street now forecasts 84.62% EPS growth.

More notable recent Open Text Corporation (NASDAQ:OTEX) news were published by: Nasdaq.com which released: “How The Pieces Add Up: TDIV Headed For $43 – Nasdaq” on November 14, 2018, also Prnewswire.com with their article: “OpenText Partners With Google Cloud to Deliver Enterprise Information Management on Google Cloud Platform – PR Newswire” published on November 07, 2018, Fool.ca published: “2 Quality, Growth-Focused Dividend Stocks for Your TFSA – The Motley Fool Canada” on November 24, 2018. More interesting news about Open Text Corporation (NASDAQ:OTEX) were released by: Gurufocus.com and their article: “Sun Chemical Selects OpenText to Improve Customer Service and Experience with Machine Learning – GuruFocus.com” published on November 19, 2018 as well as Nasdaq.com‘s news article titled: “Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for August 30, 2018 – Nasdaq” with publication date: August 29, 2018.

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