COPENHAGEN: Heitman Real Estate Securities LLC boosted its stake in InterXion Holding NV (NYSE:INXN) by 22.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,259,752 shares of the company’s stock after buying an additional 230,952 shares during the period. InterXion Holding NV accounts for approximately 1.2% of Heitman Real Estate Securities LLC’s holdings, making the stock its 29th largest position. Heitman Real Estate Securities LLC owned about 1.85% of InterXion Holding NV worth $43,562,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of INXN. Janus Capital Management increased its position in InterXion Holding NV by 137.8% in the third quarter. Janus Capital Management now owns 158,688 shares of the company’s stock valued at $4,297,000 after buying an additional 91,969 shares during the last quarter. Russell Frank Co increased its position in InterXion Holding NV by 348.1% in the fourth quarter. Russell Frank Co now owns 71,692 shares of the company’s stock valued at $2,179,000 after buying an additional 55,692 shares during the last quarter. Swiss National Bank acquired a new position in InterXion Holding NV during the fourth quarter valued at approximately $1,008,000. Wells Fargo & Company MN increased its position in InterXion Holding NV by 26.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,179,518 shares of the company’s stock valued at $35,563,000 after buying an additional 246,398 shares during the last quarter. Finally, Eaton Vance Management acquired a new position in InterXion Holding NV during the fourth quarter valued at approximately $1,055,000.
InterXion Holding NV (NYSE:INXN) traded up 0.27% during midday trading on Tuesday, reaching $37.38. The company had a trading volume of 37,407 shares. InterXion Holding NV has a one year low of $26.11 and a one year high of $38.70. The firm has a market capitalization of $2.55 billion and a P/E ratio of 43.77. The stock’s 50 day moving average price is $37.30 and its 200-day moving average price is $33.91.
InterXion Holding NV (NYSE:INXN) last issued its quarterly earnings results on Wednesday, May 4th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.02. The firm had revenue of $102 million for the quarter, compared to the consensus estimate of $101.78 million. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.13 earnings per share. On average, equities research analysts anticipate that InterXion Holding NV will post $0.64 earnings per share for the current year.
Several research firms have commented on INXN. Wells Fargo & Co. raised shares of InterXion Holding NV from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 31st. They noted that the move was a valuation call. SunTrust Banks Inc. began coverage on shares of InterXion Holding NV in a research report on Thursday, July 21st. They set a “buy” rating and a $45.00 target price on the stock. Stifel Nicolaus raised their price target on InterXion Holding NV from $36.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, May 5th. Zacks Investment Research downgraded InterXion Holding NV from a “hold” rating to a “sell” rating in a research report on Wednesday, May 4th. Finally, Jefferies Group downgraded InterXion Holding NV from a “buy” rating to a “hold” rating in a research report on Monday, June 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $36.80.
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.
