LA Financiere DE L Echiquier cut its position in InterXion Holding N.V. (NYSE:INXN) by 23.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 439,343 shares of the technology company’s stock after selling 134,657 shares during the period. InterXion Holding N.V. accounts for approximately 13.1% of LA Financiere DE L Echiquier’s investment portfolio, making the stock its 2nd biggest holding. LA Financiere DE L Echiquier owned about 0.62% of InterXion Holding N.V. worth $20,113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. grew its stake in shares of InterXion Holding N.V. by 0.4% in the 2nd quarter. Principal Financial Group Inc. now owns 3,617,017 shares of the technology company’s stock valued at $165,587,000 after buying an additional 13,699 shares during the period. Rivulet Capital LLC grew its stake in shares of InterXion Holding N.V. by 10.1% in the 1st quarter. Rivulet Capital LLC now owns 2,767,780 shares of the technology company’s stock valued at $109,493,000 after buying an additional 253,300 shares during the period. Victory Capital Management Inc. grew its stake in shares of InterXion Holding N.V. by 1.8% in the 2nd quarter. Victory Capital Management Inc. now owns 1,729,187 shares of the technology company’s stock valued at $79,162,000 after buying an additional 31,260 shares during the period. Franklin Resources Inc. acquired a new stake in shares of InterXion Holding N.V. in the 2nd quarter valued at about $72,151,000. Finally, Resolution Capital Ltd grew its stake in shares of InterXion Holding N.V. by 2.0% in the 2nd quarter. Resolution Capital Ltd now owns 1,422,876 shares of the technology company’s stock valued at $65,139,000 after buying an additional 28,000 shares during the period. Institutional investors own 88.38% of the company’s stock.

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Several brokerages have recently commented on INXN. Cowen and Company upgraded InterXion Holding N.V. from a “neutral” rating to an “outperform” rating and raised their target price for the company from $45.00 to $54.00 in a research note on Tuesday, August 8th. Barclays PLC raised their target price on InterXion Holding N.V. from $45.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday, August 7th. Zacks Investment Research downgraded InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Stifel Nicolaus restated a “buy” rating and issued a $55.00 target price (up from $49.00) on shares of InterXion Holding N.V. in a research note on Thursday, August 3rd. Finally, Oppenheimer Holdings Inc. raised their target price on InterXion Holding N.V. from $48.00 to $55.00 and gave the company an “outperform” rating in a research note 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. InterXion Holding N.V. has an average rating of “Buy” and an average price target of $52.50.

InterXion Holding N.V. (NYSE:INXN) traded up 0.67% during trading on Friday, reaching $51.32. The company’s stock had a trading volume of 141,340 shares. InterXion Holding N.V. has a one year low of $32.21 and a one year high of $51.92. The company has a 50-day moving average of $49.23 and a 200 day moving average of $43.99. The firm has a market cap of $3.54 billion, a PE ratio of 74.70 and a beta of 0.63.

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

InterXion Holding N.V. 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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