ARS Investment Partners LLC increased its position in shares of InterXion Holding NV (NYSE:INXN) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 148,018 shares of the technology company’s stock after buying an additional 721 shares during the period. ARS Investment Partners LLC owned approximately 0.21% of InterXion Holding NV worth $5,856,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the stock. SG Americas Securities LLC bought a new stake in InterXion Holding NV during the first quarter worth $231,000. OMERS ADMINISTRATION Corp bought a new stake in InterXion Holding NV during the first quarter worth $1,298,000. Envestnet Asset Management Inc. increased its stake in InterXion Holding NV by 0.9% in the first quarter. Envestnet Asset Management Inc. now owns 68,508 shares of the technology company’s stock worth $2,711,000 after buying an additional 601 shares during the last quarter. 1st Global Advisors Inc. increased its stake in InterXion Holding NV by 2.7% in the first quarter. 1st Global Advisors Inc. now owns 8,422 shares of the technology company’s stock worth $333,000 after buying an additional 218 shares during the last quarter. Finally, RidgeWorth Capital Management LLC bought a new stake in InterXion Holding NV during the first quarter worth $616,000. Institutional investors and hedge funds own 87.53% of the company’s stock.
Shares of InterXion Holding NV (NYSE:INXN) traded up 0.54% during mid-day trading on Friday, reaching $44.33. The company’s stock had a trading volume of 442,067 shares. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 71.62 and a beta of 0.94. InterXion Holding NV has a 12 month low of $32.21 and a 12 month high of $44.67. The company’s 50-day moving average is $41.57 and its 200 day moving average is $38.05.
InterXion Holding NV (NYSE:INXN) last announced its quarterly earnings data on Wednesday, May 3rd. The technology company reported $0.16 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.16. The business had revenue of $113.90 million for the quarter, compared to analysts’ expectations of $112.86 million. InterXion Holding NV had a net margin of 10.18% and a return on equity of 7.58%. The business’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. On average, equities analysts anticipate that InterXion Holding NV will post $0.73 EPS for the current year.
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A number of analysts recently weighed in on the company. Cowen and Company increased their price objective on InterXion Holding NV from $38.00 to $45.00 and gave the company a “market perform” rating in a report on Thursday, May 4th. Zacks Investment Research upgraded InterXion Holding NV from a “sell” rating to a “hold” rating and set a $47.00 price objective for the company in a report on Wednesday, May 3rd. Stifel Nicolaus restated a “buy” rating on shares of InterXion Holding NV in a report on Tuesday, April 25th. Citigroup Inc increased their price objective on InterXion Holding NV from $44.00 to $46.00 and gave the company a “buy” rating in a report on Tuesday, April 25th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $45.00 price objective on shares of InterXion Holding NV in a report on Friday, April 21st. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. InterXion Holding NV presently has an average rating of “Buy” and an average price target of $45.00.
About InterXion Holding NV
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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