PNC Financial Services Group Inc. lowered its holdings in InterXion Holding N.V. (NYSE:INXN) by 21.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,278 shares of the technology company’s stock after selling 1,957 shares during the period. PNC Financial Services Group Inc.’s holdings in InterXion Holding N.V. were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. SpiderRock Advisors LLC grew its position in InterXion Holding N.V. by 259.2% in the second quarter. SpiderRock Advisors LLC now owns 2,687 shares of the technology company’s stock valued at $123,000 after purchasing an additional 1,939 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in InterXion Holding N.V. in the first quarter valued at $110,000. FineMark National Bank & Trust bought a new position in InterXion Holding N.V. in the second quarter valued at $206,000. SG Americas Securities LLC bought a new position in InterXion Holding N.V. in the first quarter valued at $231,000. Finally, BNP Paribas Arbitrage SA grew its position in InterXion Holding N.V. by 48.1% in the second quarter. BNP Paribas Arbitrage SA now owns 5,850 shares of the technology company’s stock valued at $268,000 after purchasing an additional 1,900 shares in the last quarter. 88.45% of the stock is owned by institutional investors and hedge funds.

INXN has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Stifel Nicolaus reissued a “buy” rating and issued a $55.00 price objective on shares of InterXion Holding N.V. in a research report on Thursday, September 14th. BidaskClub raised shares of InterXion Holding N.V. from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $57.00 price objective on shares of InterXion Holding N.V. in a research report on Thursday, October 12th. Finally, Cowen and Company raised shares of InterXion Holding N.V. from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $45.00 to $54.00 in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $53.67.

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InterXion Holding N.V. (NYSE INXN) opened at 53.41 on Friday. The company has a market cap of $3.68 billion, a P/E ratio of 75.76 and a beta of 0.57. The stock has a 50 day moving average of $51.09 and a 200-day moving average of $46.66. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $53.65.

InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The firm had revenue of $120.80 million during the quarter, compared to the consensus estimate of $117.13 million. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s revenue was up 16.2% compared to the same quarter last year. Equities research analysts expect that InterXion Holding N.V. will post $0.73 EPS for the current year.

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.

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

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