Moody Aldrich Partners LLC raised its stake in InterXion Holding NV (NYSE:INXN) by 198.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,870 shares of the company’s stock after buying an additional 67,700 shares during the period. InterXion Holding NV comprises approximately 3.1% of Moody Aldrich Partners LLC’s investment portfolio, making the stock its largest position. Moody Aldrich Partners LLC’s holdings in InterXion Holding NV were worth $3,757,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen Asset Management LLC purchased a new stake in shares of InterXion Holding NV during the first quarter valued at $5,731,000. Envestnet Asset Management Inc. raised its stake in shares of InterXion Holding NV by 15.3% in the first quarter. Envestnet Asset Management Inc. now owns 82,010 shares of the company’s stock valued at $2,836,000 after buying an additional 10,911 shares during the last quarter. Heitman Real Estate Securities LLC raised its stake in shares of InterXion Holding NV by 22.4% in the first quarter. Heitman Real Estate Securities LLC now owns 1,259,752 shares of the company’s stock valued at $43,562,000 after buying an additional 230,952 shares during the last quarter. Norges Bank purchased a new stake in shares of InterXion Holding NV during the fourth quarter valued at $74,188,000. Finally, BlackRock Fund Advisors raised its stake in shares of InterXion Holding NV by 81.8% in the first quarter. BlackRock Fund Advisors now owns 116,970 shares of the company’s stock valued at $4,045,000 after buying an additional 52,635 shares during the last quarter. 85.28% of the stock is currently owned by institutional investors.
InterXion Holding NV (NYSE:INXN) traded down 0.40% during trading on Thursday, reaching $36.96. The company’s stock had a trading volume of 642,608 shares. InterXion Holding NV has a 1-year low of $26.14 and a 1-year high of $38.72. The stock has a market cap of $2.61 billion, a P/E ratio of 55.83 and a beta of 1.07. The company’s 50 day moving average price is $37.27 and its 200-day moving average price is $35.95.
InterXion Holding NV (NYSE:INXN) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.01. The business earned $104.03 million during the quarter, compared to the consensus estimate of $104.18 million. InterXion Holding NV had a net margin of 10.35% and a return on equity of 7.79%. InterXion Holding NV’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 EPS. Equities analysts forecast that InterXion Holding NV will post $0.62 earnings per share for the current fiscal year.
Several analysts have recently weighed in on INXN shares. SunTrust Banks Inc. started coverage on InterXion Holding NV in a report on Thursday, July 21st. They set a “buy” rating and a $45.00 price objective on the stock. Zacks Investment Research raised InterXion Holding NV from a “sell” rating to a “hold” rating in a report on Monday. Jefferies Group lowered InterXion Holding NV from a “buy” rating to a “hold” rating in a report on Monday, June 13th. Finally, Wells Fargo & Co. raised InterXion Holding NV from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 31st. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $36.80.
InterXion Holding NV 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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