InterXion Holding NV (INXN) Shares Sold by Quantitative Systematic Strategies LLC

Quantitative Systematic Strategies LLC decreased its position in InterXion Holding NV (NYSE:INXN) by 91.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,213 shares of the technology company’s stock after selling 44,338 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in InterXion were worth $281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in INXN. Norges Bank purchased a new stake in InterXion in the fourth quarter valued at approximately $135,240,000. American Century Companies Inc. raised its position in InterXion by 40.4% in the fourth quarter. American Century Companies Inc. now owns 2,896,739 shares of the technology company’s stock valued at $156,887,000 after purchasing an additional 834,220 shares during the period. Jennison Associates LLC raised its position in InterXion by 138.9% in the fourth quarter. Jennison Associates LLC now owns 990,042 shares of the technology company’s stock valued at $53,621,000 after purchasing an additional 575,604 shares during the period. Manning & Napier Group LLC raised its position in InterXion by 33.7% in the fourth quarter. Manning & Napier Group LLC now owns 2,200,725 shares of the technology company’s stock valued at $119,190,000 after purchasing an additional 555,115 shares during the period. Finally, Deutsche Bank AG raised its position in InterXion by 158.8% in the fourth quarter. Deutsche Bank AG now owns 725,815 shares of the technology company’s stock valued at $39,306,000 after purchasing an additional 445,360 shares during the period. 96.21% of the stock is currently owned by institutional investors.

InterXion stock opened at $66.42 on Friday. InterXion Holding NV has a twelve month low of $50.05 and a twelve month high of $69.44. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.89 and a current ratio of 1.26. The firm has a market cap of $4.78 billion, a PE ratio of 100.64, a P/E/G ratio of 7.15 and a beta of 1.12.

InterXion (NYSE:INXN) last posted its quarterly earnings data on Wednesday, March 6th. The technology company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). InterXion had a return on equity of 6.47% and a net margin of 5.55%. The company had revenue of $146.90 million for the quarter, compared to analysts’ expectations of $147.94 million. During the same period in the prior year, the company posted $0.17 EPS. The firm’s revenue was up 13.1% compared to the same quarter last year. Analysts predict that InterXion Holding NV will post 0.68 EPS for the current year.

INXN has been the topic of a number of research analyst reports. Credit Suisse Group cut their target price on InterXion from $70.00 to $69.00 and set an “outperform” rating on the stock in a research report on Thursday, March 7th. Zacks Investment Research lowered InterXion from a “hold” rating to a “sell” rating in a research report on Friday, March 8th. Finally, ValuEngine lowered InterXion from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $76.14.

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InterXion Profile

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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Institutional Ownership by Quarter for InterXion (NYSE:INXN)

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