Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in InterXion Holding N.V. (NYSE:INXN) by 4.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,413 shares of the technology company’s stock after selling 538 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in InterXion Holding N.V. were worth $522,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in INXN. Geneva Advisors LLC grew its stake in InterXion Holding N.V. by 10.4% during the second quarter. Geneva Advisors LLC now owns 60,228 shares of the technology company’s stock worth $2,757,000 after buying an additional 5,658 shares in the last quarter. Victory Capital Management Inc. grew its stake in InterXion Holding N.V. by 1.8% during the second quarter. Victory Capital Management Inc. now owns 1,729,187 shares of the technology company’s stock worth $79,162,000 after buying an additional 31,260 shares in the last quarter. Jennison Associates LLC grew its stake in InterXion Holding N.V. by 0.6% during the second quarter. Jennison Associates LLC now owns 456,762 shares of the technology company’s stock worth $20,911,000 after buying an additional 2,821 shares in the last quarter. ARS Investment Partners LLC grew its stake in InterXion Holding N.V. by 72.5% during the second quarter. ARS Investment Partners LLC now owns 255,284 shares of the technology company’s stock worth $11,687,000 after buying an additional 107,266 shares in the last quarter. Finally, Frontier Capital Management Co. LLC acquired a new stake in InterXion Holding N.V. during the second quarter worth about $54,874,000. Institutional investors and hedge funds own 88.38% of the company’s stock.
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A number of equities research analysts have issued reports on INXN shares. Zacks Investment Research downgraded shares of InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. ValuEngine upgraded shares of InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $49.00 price objective on shares of InterXion Holding N.V. in a research note on Friday, July 21st. Citigroup Inc. increased their price objective on shares of InterXion Holding N.V. from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of InterXion Holding N.V. in a research note on Tuesday, May 23rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. InterXion Holding N.V. currently has a consensus rating of “Buy” and an average price target of $52.50.
InterXion Holding N.V. (NYSE INXN) opened at 51.42 on Wednesday. The company has a market cap of $3.55 billion, a PE ratio of 74.85 and a beta of 0.63. The stock has a 50 day moving average of $49.52 and a 200-day moving average of $44.22. InterXion Holding N.V. has a 12-month low of $32.21 and a 12-month high of $52.15.
InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). The company had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.13 million. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS. On average, equities research analysts anticipate that InterXion Holding N.V. will post $0.75 earnings per share for the current fiscal year.
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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