Vestcor Inc Sells 1,212 Shares of Equinix, Inc. $EQIX

Vestcor Inc. reduced its stake in Equinix, Inc. by selling 1,212 shares, leaving it with 15,560 shares valued at approximately $12.19 million. Despite Equinix missing quarterly EPS and revenue estimates, analysts maintain a “Moderate Buy” rating with a consensus target price of $1,006.91. The company recently increased its quarterly dividend to $5.16 per share, resulting in a 2.2% yield and a payout ratio of 150.11%.