Citadel Advisors LLC boosted its stake in shares of InterXion Holding N.V. (NYSE:INXN) by 32.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,077,108 shares of the technology company’s stock after buying an additional 261,461 shares during the period. Citadel Advisors LLC owned approximately 1.53% of InterXion Holding N.V. worth $42,611,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in the stock. BNP Paribas Arbitrage SA boosted its stake 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 valued at $156,000 after buying an additional 250 shares in the last quarter. Bank of Montreal Can raised its position in shares of 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 valued at $200,000 after buying an additional 354 shares during the last quarter. Engineers Gate Manager LP acquired a new position in shares of InterXion Holding N.V. during the first quarter valued at about $230,000. SG Americas Securities LLC acquired a new position in shares of InterXion Holding N.V. during the first quarter valued at about $231,000. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in InterXion Holding N.V. during the fourth quarter worth $268,000. 88.24% of the stock is owned by institutional investors and hedge funds.
Shares of InterXion Holding N.V. (INXN) traded up 0.73% during midday trading on Monday, reaching $44.19. 341,436 shares of the company traded hands. The stock has a 50 day moving average price of $44.14 and a 200 day moving average price of $39.35. The firm has a market capitalization of $3.19 billion, a PE ratio of 70.03 and a beta of 0.67. InterXion Holding N.V. has a 1-year low of $32.21 and a 1-year high of $45.92.
InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, May 3rd. The technology company reported $0.16 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.16. The company had revenue of $113.90 million for the quarter, compared to the consensus estimate of $112.86 million. InterXion Holding N.V. had a return on equity of 6.80% and a net margin of 9.33%. InterXion Holding N.V.’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. Analysts expect that InterXion Holding N.V. will post $0.74 earnings per share for the current fiscal year.
A number of analysts have 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 $50.00 price target for the company in a research note on Wednesday, May 31st. Barclays PLC reiterated a “buy” rating and issued a $45.00 price target on shares of InterXion Holding N.V. in a research note on Thursday, March 2nd. Stifel Nicolaus reissued a “buy” rating on shares of InterXion Holding N.V. in a report on Tuesday, April 25th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $44.00 price objective (up previously from $40.00) on shares of InterXion Holding N.V. in a report on Friday, March 3rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $45.00 price objective on shares of InterXion Holding N.V. in a report on Friday, April 21st. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $46.63.
About InterXion Holding N.V.
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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