Zimmer Partners LP cut its position in shares of InterXion Holding NV (NYSE:INXN) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 752,008 shares of the technology company’s stock after selling 85,492 shares during the period. InterXion accounts for 1.1% of Zimmer Partners LP’s portfolio, making the stock its 27th largest holding. Zimmer Partners LP’s holdings in InterXion were worth $44,316,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Massey Quick Simon & CO. LLC acquired a new position in InterXion in the 3rd quarter valued at about $133,000. Financial Gravity Companies Inc. acquired a new position in InterXion in the 4th quarter valued at about $140,000. Advisor Group Inc. boosted its holdings in InterXion by 38.7% in the 3rd quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock valued at $196,000 after purchasing an additional 1,071 shares during the period. AXA bought a new stake in InterXion in the 4th quarter valued at about $241,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in InterXion in the 3rd quarter valued at about $247,000. Institutional investors and hedge funds own 91.52% of the company’s stock.
INXN has been the subject of a number of recent research reports. Guggenheim reissued a “buy” rating and issued a $67.00 price objective on shares of InterXion in a report on Thursday, January 25th. Barclays reissued a “buy” rating and issued a $72.00 price objective on shares of InterXion in a report on Friday, January 19th. SunTrust Banks boosted their price objective on shares of InterXion to $76.00 and gave the company a “buy” rating in a report on Thursday, March 8th. Zacks Investment Research raised shares of InterXion from a “hold” rating to a “buy” rating and set a $66.00 price target for the company in a report on Wednesday, January 3rd. Finally, Oppenheimer reaffirmed a “buy” rating and set a $68.00 price target on shares of InterXion in a report on Tuesday, January 9th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $65.45.
Shares of InterXion Holding NV (NYSE:INXN) opened at $61.36 on Wednesday. InterXion Holding NV has a twelve month low of $38.05 and a twelve month high of $64.00. The company has a current ratio of 0.63, a quick ratio of 0.72 and a debt-to-equity ratio of 1.21. The firm has a market cap of $4,347.38, a P/E ratio of 87.07, a PEG ratio of 5.66 and a beta of 0.74.
InterXion (NYSE:INXN) last issued its quarterly earnings results on Wednesday, March 7th. The technology company reported $0.20 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.20. InterXion had a net margin of 8.61% and a return on equity of 7.55%. The company had revenue of $129.90 million during the quarter, compared to the consensus estimate of $127.51 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. research analysts forecast that InterXion Holding NV will post 0.86 earnings per share for the current year.
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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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