InterXion Holding NV (INXN) Position Lowered by Cipher Capital LP

Cipher Capital LP lowered its position in shares of InterXion Holding NV (NYSE:INXN) by 12.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 71,130 shares of the technology company’s stock after selling 10,096 shares during the period. Cipher Capital LP owned approximately 0.10% of InterXion Holding NV worth $2,814,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Gamco Investors INC. ET AL increased its position in shares of InterXion Holding NV by 0.4% in the first quarter. Gamco Investors INC. ET AL now owns 24,976 shares of the technology company’s stock worth $988,000 after buying an additional 89 shares during the period. 1st Global Advisors Inc. increased its position 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 valued at $333,000 after buying an additional 218 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in InterXion Holding NV by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock valued at $156,000 after buying an additional 250 shares during the last quarter. Bank of Montreal Can increased its position in InterXion Holding NV by 7.5% in the first quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock valued at $200,000 after buying an additional 354 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its position in InterXion Holding NV by 5.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 8,033 shares of the technology company’s stock valued at $318,000 after buying an additional 405 shares during the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Institutional Ownership by Quarter for InterXion Holding NV (NYSE:INXN)

InterXion Holding NV (NYSE:INXN) traded down 0.13% during trading on Thursday, reaching $45.51. 480,730 shares of the company traded hands. The company has a market capitalization of $3.28 billion, a P/E ratio of 73.52 and a beta of 0.94. InterXion Holding NV has a 52 week low of $32.21 and a 52 week high of $45.92. The firm has a 50-day moving average price of $42.04 and a 200-day moving average price of $38.25.

InterXion Holding NV (NYSE:INXN) last posted 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 company had revenue of $113.90 million during 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 firm’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 earnings per share. Analysts forecast that InterXion Holding NV will post $0.74 earnings per share for the current fiscal year.

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Several research firms have weighed in on INXN. Royal Bank of Canada reiterated an “outperform” rating and issued a $50.00 price target (up from $48.00) on shares of InterXion Holding NV in a research report on Tuesday. Zacks Investment Research upgraded shares of InterXion Holding NV from a “sell” rating to a “hold” rating and set a $47.00 price target on the stock in a research report on Wednesday, May 3rd. Cowen and Company increased their price target on shares of InterXion Holding NV from $38.00 to $45.00 and gave the stock a “market perform” rating in a research report on Thursday, May 4th. Stifel Nicolaus reiterated a “buy” rating on shares of InterXion Holding NV in a research report on Tuesday, April 25th. Finally, Citigroup Inc increased their price target on shares of InterXion Holding NV from $44.00 to $46.00 and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. InterXion Holding NV presently has an average rating of “Buy” and a consensus price target of $45.63.

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.

12 Month Chart for NYSE:INXN

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