Victory Capital Management Inc. Buys Shares of 1,278,129 InterXion Holding NV (INXN)
Victory Capital Management Inc. bought a new stake in InterXion Holding NV (NYSE:INXN) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 1,278,129 shares of the company’s stock, valued at approximately $46,294,000. Victory Capital Management Inc. owned about 1.81% of InterXion Holding NV at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. First Mercantile Trust Co. purchased a new stake in InterXion Holding NV during the second quarter valued at approximately $111,000. Glenmede Trust Co. NA bought a new stake in shares of InterXion Holding NV during the second quarter valued at about $113,000. Advisor Group Inc. bought a new stake in shares of InterXion Holding NV during the second quarter valued at about $121,000. FineMark National Bank & Trust raised its stake in shares of InterXion Holding NV by 0.3% in the second quarter. FineMark National Bank & Trust now owns 4,514 shares of the company’s stock valued at $167,000 after buying an additional 14 shares during the period. Finally, Bank of Montreal Can bought a new stake in shares of InterXion Holding NV during the second quarter valued at about $174,000. 87.59% of the stock is owned by hedge funds and other institutional investors.
InterXion Holding NV (NYSE:INXN) traded down 0.651% during trading on Wednesday, reaching $34.315. 12,870 shares of the company were exchanged. InterXion Holding NV has a 12 month low of $26.75 and a 12 month high of $38.85. The firm has a market capitalization of $2.42 billion, a PE ratio of 54.992 and a beta of 1.00. The stock has a 50 day moving average price of $36.33 and a 200 day moving average price of $36.85.
InterXion Holding NV (NYSE:INXN) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.13 EPS for the quarter, meeting the consensus estimate of $0.13. InterXion Holding NV had a net margin of 10.18% and a return on equity of 7.58%. The firm earned $105.28 million during the quarter, compared to the consensus estimate of $117.84 million. During the same quarter in the prior year, the firm earned $0.15 EPS. InterXion Holding NV’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts expect that InterXion Holding NV will post $0.61 EPS for the current fiscal year.
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Several brokerages have recently issued reports on INXN. Zacks Investment Research lowered shares of InterXion Holding NV from a “buy” rating to a “hold” rating in a research report on Thursday, November 3rd. Pacific Crest reiterated a “hold” rating on shares of InterXion Holding NV in a research report on Thursday, November 3rd. Finally, Wells Fargo & Co. reiterated a “buy” rating on shares of InterXion Holding NV in a research report on Wednesday, September 28th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $39.00.
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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