Eqis Capital Management Inc. increased its position in InterXion Holding N.V. (NYSE:INXN) by 25.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,649 shares of the technology company’s stock after buying an additional 4,148 shares during the period. Eqis Capital Management Inc.’s holdings in InterXion Holding N.V. were worth $945,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in INXN. State Street Corp raised its stake in shares of InterXion Holding N.V. by 10.6% in the fourth quarter. State Street Corp now owns 376,926 shares of the technology company’s stock worth $13,219,000 after buying an additional 36,188 shares in the last quarter. Macquarie Group Ltd. raised its stake in shares of InterXion Holding N.V. by 1.4% in the fourth quarter. Macquarie Group Ltd. now owns 417,904 shares of the technology company’s stock worth $14,656,000 after buying an additional 5,623 shares in the last quarter. Sheets Smith Wealth Management raised its stake in InterXion Holding N.V. by 32.3% in the first quarter. Sheets Smith Wealth Management now owns 10,859 shares of the technology company’s stock valued at $430,000 after buying an additional 2,653 shares in the last quarter. Bank of Montreal Can raised its stake in InterXion Holding N.V. by 7.5% in the first quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock valued at $200,000 after buying an additional 354 shares in the last quarter. Finally, Nationwide Fund Advisors raised its stake in InterXion Holding N.V. by 9,563.1% in the first quarter. Nationwide Fund Advisors now owns 50,248 shares of the technology company’s stock valued at $1,988,000 after buying an additional 49,728 shares in the last quarter. 89.46% of the stock is currently owned by institutional investors and hedge funds.
Shares of InterXion Holding N.V. (NYSE:INXN) traded down 0.58% during mid-day trading on Friday, reaching $48.39. The company’s stock had a trading volume of 314,718 shares. The stock has a 50 day moving average of $46.75 and a 200-day moving average of $42.37. The stock has a market cap of $3.34 billion, a P/E ratio of 69.83 and a beta of 0.63. InterXion Holding N.V. has a one year low of $32.21 and a one year high of $49.83.
InterXion Holding N.V. (NYSE:INXN) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The firm had revenue of $120.80 million during the quarter, compared to analysts’ expectations of $117.13 million. During the same period in the previous year, the firm earned $0.13 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. On average, equities research analysts expect that InterXion Holding N.V. will post $0.74 EPS for the current fiscal year.
Several equities research analysts have commented on the company. Cowen and Company raised InterXion Holding N.V. from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $45.00 to $54.00 in a report on Tuesday. Royal Bank Of Canada restated an “outperform” rating and issued a $50.00 price target (up previously from $48.00) on shares of InterXion Holding N.V. in a research note on Tuesday, May 23rd. Barclays PLC upped their price objective on InterXion Holding N.V. from $45.00 to $56.00 and gave the company an “overweight” rating in a research report on Monday. Stifel Nicolaus reissued a “buy” rating and set a $49.00 price target on shares of InterXion Holding N.V. in a report on Friday, July 21st. Finally, Citigroup Inc. upped their price objective on InterXion Holding N.V. from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $52.50.
InterXion Holding N.V. Company Profile
InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.
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