American Century Companies Inc. lowered its holdings in InterXion Holding NV (NYSE:INXN) by 35.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,062,519 shares of the technology company’s stock after selling 1,131,837 shares during the period. American Century Companies Inc. owned approximately 2.89% of InterXion worth $138,808,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. California State Teachers Retirement System acquired a new stake in shares of InterXion during the 1st quarter worth approximately $2,975,000. Fox Run Management L.L.C. raised its position in shares of InterXion by 37.0% during the 2nd quarter. Fox Run Management L.L.C. now owns 5,526 shares of the technology company’s stock worth $345,000 after purchasing an additional 1,491 shares during the period. Ramsey Quantitative Systems raised its position in shares of InterXion by 124.3% during the 2nd quarter. Ramsey Quantitative Systems now owns 10,186 shares of the technology company’s stock worth $636,000 after purchasing an additional 5,644 shares during the period. Congress Asset Management Co. MA raised its position in shares of InterXion by 6.6% during the 2nd quarter. Congress Asset Management Co. MA now owns 155,308 shares of the technology company’s stock worth $9,694,000 after purchasing an additional 9,662 shares during the period. Finally, Sheets Smith Wealth Management raised its position in shares of InterXion by 11.4% during the 2nd quarter. Sheets Smith Wealth Management now owns 12,043 shares of the technology company’s stock worth $752,000 after purchasing an additional 1,229 shares during the period. 89.16% of the stock is currently owned by institutional investors.
INXN opened at $61.09 on Friday. InterXion Holding NV has a 12 month low of $54.35 and a 12 month high of $68.95. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.89 and a current ratio of 1.89. The company has a market capitalization of $4.28 billion, a P/E ratio of 88.54, a price-to-earnings-growth ratio of 6.03 and a beta of 0.86.
InterXion (NYSE:INXN) last posted its earnings results on Thursday, November 1st. The technology company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. InterXion had a return on equity of 7.29% and a net margin of 6.27%. The firm had revenue of $142.20 million for the quarter, compared to analysts’ expectations of $141.79 million. During the same period last year, the firm earned $0.15 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, research analysts expect that InterXion Holding NV will post 0.7 earnings per share for the current fiscal year.
A number of brokerages have recently weighed in on INXN. Stifel Nicolaus set a $74.00 price target on InterXion and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Citigroup dropped their price target on InterXion from $75.00 to $73.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Wells Fargo & Co dropped their price target on InterXion from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, November 2nd. Zacks Investment Research upgraded InterXion from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Finally, Berenberg Bank began coverage on InterXion in a research report on Thursday, September 20th. They set a “buy” rating and a $93.00 price target on the stock. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. InterXion presently has an average rating of “Buy” and a consensus target price of $73.73.
InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers.
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