Monarch Partners Asset Management LLC Invests $11.85 Million in InterXion Holding N.V. (INXN)

Monarch Partners Asset Management LLC acquired a new position in InterXion Holding N.V. (NYSE:INXN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 258,745 shares of the technology company’s stock, valued at approximately $11,845,000. InterXion Holding N.V. comprises about 1.2% of Monarch Partners Asset Management LLC’s holdings, making the stock its 25th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of INXN. SpiderRock Advisors LLC boosted its position in shares of InterXion Holding N.V. by 259.2% in the second quarter. SpiderRock Advisors LLC now owns 2,687 shares of the technology company’s stock worth $123,000 after buying an additional 1,939 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of InterXion Holding N.V. during the first quarter worth approximately $110,000. BNP Paribas Arbitrage SA boosted its position in shares of InterXion Holding N.V. by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock worth $156,000 after buying an additional 250 shares in the last quarter. FineMark National Bank & Trust bought a new position in shares of InterXion Holding N.V. during the second quarter worth approximately $206,000. Finally, Bank of Montreal Can boosted its position in shares of 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 worth $200,000 after buying an additional 354 shares in the last quarter. Institutional investors own 89.46% of the company’s stock.

Shares of InterXion Holding N.V. (NYSE INXN) opened at 48.67 on Friday. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 70.23 and a beta of 0.63. The company has a 50-day moving average price of $46.75 and a 200 day moving average price of $42.37. 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 released its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 company had revenue of $120.80 million during the quarter, compared to the consensus estimate of $117.13 million. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. On average, analysts forecast that InterXion Holding N.V. will post $0.74 EPS for the current fiscal year.

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A number of research analysts have commented on the company. Cowen and Company upgraded InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $45.00 to $54.00 in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Thursday, August 3rd. Oppenheimer Holdings, Inc. boosted their price target on InterXion Holding N.V. from $48.00 to $55.00 and gave the stock an “outperform” rating in a research note on Thursday, August 3rd. Stifel Nicolaus reiterated a “buy” rating and issued a $55.00 price target (up previously from $49.00) on shares of InterXion Holding N.V. in a research note on Thursday, August 3rd. Finally, Barclays PLC boosted their price target on InterXion Holding N.V. from $45.00 to $56.00 and gave the stock an “overweight” rating in a research note on Monday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. InterXion Holding N.V. 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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Institutional Ownership by Quarter for InterXion Holding N.V. (NYSE:INXN)

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