Paloma Partners Management Co lowered its stake in InterXion Holding N.V. (NYSE:INXN) by 4.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,919 shares of the technology company’s stock after selling 874 shares during the period. Paloma Partners Management Co’s holdings in InterXion Holding N.V. were worth $709,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new position in InterXion Holding N.V. during the first quarter worth about $110,000. BNP Paribas Arbitrage SA raised its position in InterXion Holding N.V. by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock worth $156,000 after buying an additional 250 shares in the last quarter. Bank of Montreal Can raised its position in InterXion Holding N.V. by 7.5% in the first quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock worth $200,000 after buying an additional 354 shares in the last quarter. Engineers Gate Manager LP bought a new position in InterXion Holding N.V. during the first quarter worth about $230,000. Finally, SG Americas Securities LLC purchased a new stake in shares of InterXion Holding N.V. during the first quarter worth approximately $231,000. 89.46% of the stock is currently owned by institutional investors.

Shares of InterXion Holding N.V. (NYSE INXN) traded up 0.39% on Tuesday, hitting $48.82. The company had a trading volume of 168,724 shares. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $49.83. The company has a 50-day moving average of $46.25 and a 200 day moving average of $42.05. The stock has a market cap of $3.47 billion, a PE ratio of 71.27 and a beta of 0.63.

InterXion Holding N.V. (NYSE:INXN) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The firm had revenue of $120.80 million during the quarter, compared to analysts’ expectations of $117.13 million. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 EPS. Analysts anticipate that InterXion Holding N.V. will post $0.74 EPS for the current fiscal year.

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A number of equities research analysts recently commented on INXN shares. Zacks Investment Research upgraded shares of InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research report on Thursday, June 15th. Stifel Nicolaus restated a “buy” rating and issued a $49.00 price objective on shares of InterXion Holding N.V. in a research report on Friday, July 21st. Citigroup Inc. raised their price objective on shares of InterXion Holding N.V. from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, April 25th. Cowen and Company raised their price objective on shares of InterXion Holding N.V. from $38.00 to $45.00 and gave the company a “market perform” rating in a research report on Thursday, May 4th. Finally, Oppenheimer Holdings, Inc. lifted their price target on shares of InterXion Holding N.V. from $48.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $52.50.

InterXion Holding N.V. 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.

Institutional Ownership by Quarter for InterXion Holding N.V. (NYSE:INXN)

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